Best Cambridge CD Rates in January 2012
Now that it’s 2012, it’s a good chance to scrutinize your financial situation and discover ways to improve them. Have you taken a closer look at your bank accounts lately? An improvement you can make right off the bat is transferring your money to a higher yield account. Cambridge CD rates are competitive among the top local financial institutions, so find out if there’s a bank or credit union close by offering a great rate.
Cambridge CD Rates Vs. Savings Rates
One of the biggest advantages of choosing Cambridge CD rates over conventional interest rates on savings accounts is that they’re usually a lot better. This is especially true when it comes to CDs with longer terms. If you don’t need access to savings for some time, a certificate of deposit is the higher-earning option.
Highest CD Rates in Cambridge
6-Month CD Rates
- Pentucket Bank: 0.85%
- Marlborough Savings Bank: 0.75%
- Dedham Savings Bank: 0.7%
12-Month CD Rates
- Marlborough Savings Bank: 1%
- Dedham Savings Bank: 1%
- Pentucket Bank: 0.9%
24-Month CD Rates
- Dedham Savings Bank: 1.61%
- Southcoast Health System Credit Union: 1.5%
- Marlborough Savings Bank: 1.41%
Please be aware that the featured Cambridge CD rates are accurate as of January 23, 2012, but could change in the future at the discretion of the bank or credit union. You may also be subject to additional requirements in order to qualify for an account. Please confirm interest rates before opening an account. You can find the most current interest rates on our Cambridge CD Rates page.
