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Business Certificates of Deposit (CD) Accounts

A business certificate of deposit (CD) provides a safe, secure means to invest your funds. Lock in to a term that meets your needs and watch your business savings grow with a guaranteed fixed rate of return.

  • Business Certificate options ($1,000 minimum)1,2
  • Business Jumbo Certificate options ($100,000 minimum)1,3
  • Flexible Terms from 3- to 60-months
  • Daily or Monthly interest Compounding Based on Term
  • FDIC Insured
  • Automatic Renewals at Maturity To Grow Your Savings

View CD Rates

Web banner listing four special CD rate offers. Learn more.

Jumpstart Your Business Savings Goals

Open a new business account at Eastern Savings Bank and be part of a local, community financial institution that cares about your success. Download and complete the new account application, then visit any branch to open your account(s).

Open An Account

 

Disclosures

SPECIAL CD DISCLOSURES: APY=Annual Percentage Yield. 1) 15-month certificate of deposit term with an automatic renewal upon maturity to an 18-month certificate of deposit with applicable rate at time of renewal. 4.50% APY (4.402% interest rate) with a minimum balance requirement of $10,000. 2) 15-month certificate of deposit term with an automatic renewal upon maturity to an 18-month certificate of deposit with applicable rate at time of renewal. 5.00% APY (4.879% interest rate) with a minimum balance requirement of $100,000. 3) 20-month certificate of deposit term with an automatic renewal upon maturity to a 24-month certificate of deposit with applicable rate at time of renewal. 4.25% APY (4.162% interest rate) with a minimum balance requirement of $100,000. 4) 35-month certificate of deposit term with an automatic renewal upon maturity to a 36-month certificate of deposit with applicable rate at time of renewal. 4.50% APY (4.402% interest rate) with a minimum balance requirement of $100,000. 35-month special CD is available only with NEW MONEY, that is funds that are not already on deposit with Eastern Savings Bank. All advertised special APYs and terms are a limited-time promotional offer applicable as of October 3, 2023 and subject to change at any time without notice. A penalty will be imposed for early withdrawal and any withdrawal, including interest, prior to maturity and penalty fees will reduce your earnings. FDIC Insurance up to the maximum allowed by law.

  1. Account Restrictions Apply. Click here for the Business Account Agreement.
  2. CD’s: The minimum balance required to open and obtain the stated annual percentage yield (APY) is $1,000. The rate is fixed for the term of the certificate. An early withdrawal penalty may be imposed. Rates are subject to change without notice. Please call for a Business Account Agreement.
  3. Jumbo CD’s: The minimum balance required to open and obtain the stated annual percentage yield (APY) is $100,000. The rate is fixed for the term of the certificate. An early withdrawal penalty may be imposed. Rates are subject to change without notice. Please call for a Business Account Agreement.