Today Highest CD Rates presents the Danversbank CD rates to help with your research into this type of investment. This financial establishment was founded in 1850 and in 1991 became the very first mutual bank in America to be named a Preferred Lender by the United States Small Business Administration. This bank went public in 2008 and its shares can now be purchased and traded on the NASDAQ under the symbol DNBK.
The Danversbank certificate of deposit rates require a minimum of $500 to open and are available thru their branch office, online or via their mobile service.
The current CD rates for the 91 day CD is an APY of 0.25%. Both the 6 and 9 month CDs are earning an APY of 0.50%. The 9 month and 1 year online CDs are earning an APY 0.75%. The standard 1 year CD is earning an APY of 0.50%. The 18 month CD is earning an APY of 1.00%. Both the 30 month standard and online CDs are earning an APY of 1.50%. The 3 year CD is earning an APY of 2.00%. The best CD rates are from the 5 year CD that is presently earning an APY of 2.75%.
For a limited time the 9 month and 1 year CD specials are earning an APY of 0.75% and require a minimum balance of $500 to open but only $0.01 to obtain the stated APY.
The Danvers bank CD rates were posted on November 17, 2010 and are still current, but are subject to change without notice.
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