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Deposit Interest Rates Information

Interest Rates effective as of 07-22-2024 and subject to change.

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Consumer Savings Accounts

APYRATEMINIMUM BALANCECOMPOUNDING FREQUENCY
0.05%0.050%$0.01Daily
0.08%0.080%$500Daily
0.08%0.080%$1,000Daily
0.10%0.100%$5,000Daily
0.15%0.150%$10,000Daily
0.50%0.499%$25,000Daily
0.95%0.946%$50,000Daily
1.00%0.995%$75,000Daily
1.25%1.242%$100,000Daily
2.40%2.372%$500,000Daily

The minimum amount required to open a savings account is $100. Annual Percentage Yield (APY) may change after account opening. Average monthly balance avoids monthly fee. Fees may reduce earnings. New savings accounts available for Maryland residents only. Rates are applicable for Maryland consumer accounts only. For all other customers, please call 800.787.7ESB. For complete account disclosures, please review the applicable Consumer Truth-In-Savings Disclosure.

Consumer Checking Accounts

APYRATEMINIMUM BALANCECOMPOUNDING FREQUENCY
0.00%0.000%$0.01Daily
0.05%0.050%$500Daily
0.08%0.080%$5,000Daily
0.15%0.150%$10,000Daily
Interest rates applicable to balances maintained in Classic Checking, Club 50 Checking, and Premier Checking accounts.

The minimum amount required to open a Classic and/or Club 50 checking account is $100. The minimum amount required to open a Premier checking account is $250. Annual Percentage Yield (APY) may change after account opening. Average monthly balance avoids monthly fee. Fees may reduce earnings. New checking accounts available for Maryland residents only. Rates are applicable for Maryland consumer accounts only. For all other customers, please call 800.787.7ESB. For complete account disclosures, please review the applicable Consumer Truth-In-Savings Disclosure.

Special Consumer Certificate (CD) Rates

Special CD TERMAPYRATEMINIMUM DEPOSITCOMPOUNDING FREQUENCY
9-Month5.01%4.889%$10,000Daily
10-Month5.01%4.889%$10,000Daily
11-Month5.01%4.889%$10,000Daily
12-Month5.01%4.889%$10,000Daily
13-Month5.01%4.889%$10,000Daily
14-Month5.01%4.889%$10,000Daily

SPECIAL CD DISCLOSURES: APY=Annual Percentage Yield. Pick your term special CD offer is available only with NEW MONEY, that is funds that are not already on deposit with Eastern Savings Bank. 5.01% APY (4.889% interest rate) with a minimum balance requirement of $10,000. A term can be chosen at account opening from between 9 to 14 months. All pick your term CD specials will automatically renewal upon maturity with applicable rate at time of renewal. Terms selected between 9 to 14 months will automatically renew to a 12-month term. All advertised special APYs and terms are a limited-time promotional offer applicable as of March 1, 2024 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. Rates are subject to change without notice. Rates are applicable for Maryland consumer accounts only. For all other customers, please call 800.787.7ESB. For complete account disclosures, please review the applicable Consumer Truth-In-Savings Disclosure.

Consumer Certificate (CD) Rates

CD TERMAPYRATEMINIMUM DEPOSITCOMPOUNDING FREQUENCY
3-Month0.05%0.050%$1,000Daily
6-Month0.07%0.070%$1,000Daily
12-Month0.15%0.150%$1,000Daily
18-Month0.15%0.150%$1,000Daily
24-Month0.20%0.200%$1,000Monthly
30-Month0.20%0.200%$1,000Monthly
36-Month0.25%0.250%$1,000Monthly
48-Month0.35%0.349%$1,000Monthly
60-Month0.40%0.399%$1,000Monthly
Special Retirement Account
18-Month IRA0.15%0.150%$100Annually

The minimum balance required to open and obtain the stated annual percentage yield (APY) is $1,000, unless otherwise noted on special CDs. The minimum balance required to open and obtain the stated annual percentage yield (APY) for the Special Retirement IRA is $100.The rate is fixed for the term of the certificate. An early withdrawal penalty may be imposed. Rates are subject to change without notice. Rates are applicable for Maryland consumer accounts only. For all other customers, please call 800.787.7ESB. For complete account disclosures, please review the applicable Consumer Truth-In-Savings Disclosure.

Consumer Jumbo Certificate (CD) Rates

CD TERMAPYRATEMINIMUM DEPOSITCOMPOUNDING FREQUENCY
3-Month0.05%0.050%$100,000Daily
6-Month0.07%0.070%$100,000Daily
12-Month0.15%0.150%$100,000Daily
18-Month0.15%0.150%$100,000Daily
24-Month0.20%0.200%$100,000Monthly
30-Month0.20%0.200%$100,000Monthly
36-Month0.25%0.250%$100,000Monthly
48-Month0.35%0.349%$100,000Monthly
60-Month0.40%0.399%$100,000Monthly

The minimum balance required to open and obtain the stated annual percentage yield (APY) is $100,000, unless otherwise noted on special CDs. The rate is fixed for the term of the certificate. An early withdrawal penalty may be imposed. Rates are subject to change without notice. Rates are applicable for Maryland consumer accounts only. The 35-Month Special CD is only applicable to NEW MONEY. For all other customers, please call 800.787.7ESB.  For complete account disclosures, please review the applicable Consumer Truth-In-Savings Disclosure.

Special Consumer Certificate (CD) Rates

Special CD TERMAPYRATEMINIMUM DEPOSITCOMPOUNDING FREQUENCY
9-Month5.01%4.889%$10,000Daily
10-Month5.01%4.889%$10,000Daily
11-Month5.01%4.889%$10,000Daily
12-Month5.01%4.889%$10,000Daily
13-Month5.01%4.889%$10,000Daily
14-Month5.01%4.889%$10,000Daily

SPECIAL CD DISCLOSURES: APY=Annual Percentage Yield. Pick your term special CD offer is available only with NEW MONEY, that is funds that are not already on deposit with Eastern Savings Bank. 5.01% APY (4.889% interest rate) with a minimum balance requirement of $10,000. A term can be chosen at account opening from between 9 to 14 months. All pick your term CD specials will automatically renewal upon maturity with applicable rate at time of renewal. Terms selected between 9 to 14 months will automatically renew to a 12-month term. All advertised special APYs and terms are a limited-time promotional offer applicable as of March 1, 2024 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. Rates are applicable for Non-Maryland consumer accounts only. For all other customers, please call 800.787.7ESB. For complete account disclosures, please review the applicable Consumer Truth-In-Savings Disclosure.

Consumer Certificate (CD) Rates

CD TERMAPYRATEMINIMUM DEPOSITCOMPOUNDING FREQUENCY
3-Month0.05%0.050%$1,000Daily
6-Month0.07%0.070%$1,000Daily
12-Month0.15%0.150%$1,000Daily
18-Month0.15%0.150%$1,000Daily
24-Month0.20%0.200%$1,000Monthly
30-Month0.20%0.200%$1,000Monthly
36-Month0.25%0.250%$1,000Monthly
48-Month0.35%0.349%$1,000Monthly
60-Month0.40%0.399%$1,000Monthly
Special Retirement Account
18-Month IRA0.15%0.150%$100Annually

The minimum balance required to open and obtain the stated annual percentage yield (APY) is $1,000, unless otherwise noted on special CDs. The minimum balance required to open and obtain the stated annual percentage yield (APY) for the Special Retirement IRA is $100. The rate is fixed for the term of the certificate. An early withdrawal penalty may be imposed. Rates are subject to change without notice. Rates are applicable for Non-Maryland consumer accounts only. For all other customers, please call 800.787.7ESB. For complete account disclosures, please review the applicable Consumer Truth-In-Savings Disclosure.

Consumer Jumbo Certificate (CD) Rates

CD TERMAPYRATEMINIMUM DEPOSITCOMPOUNDING FREQUENCY
3-Month0.05%0.050%$100,000Daily
6-Month0.07%0.070%$100,000Daily
12-Month0.15%0.150%$100,000Daily
18-Month0.15%0.150%$100,000Daily
24-Month0.20%0.200%$100,000Monthly
30-Month0.20%0.200%$100,000Monthly
36-Month0.25%0.250%$100,000Monthly
48-Month0.35%0.349%$100,000Monthly
60-Month0.40%0.399%$100,000Monthly

The minimum balance required to open and obtain the stated annual percentage yield (APY) is $100,000, unless otherwise noted on special CDs. The rate is fixed for the term of the certificate. An early withdrawal penalty may be imposed. Rates are subject to change without notice. Rates are applicable for Non-Maryland consumer accounts only. The 35-Month Special CD is only applicable to NEW MONEY. For all other customers, please call 800.787.7ESB. For complete account disclosures, please review the applicable Consumer Truth-In-Savings Disclosure.

Business Savings Accounts

APYRATEMINIMUM BALANCECOMPOUNDING FREQUENCY
0.15%0.150%$100Daily

The minimum amount required to open a savings account is $100. Annual Percentage Yield (APY) may change after account opening. Average monthly balance avoids monthly fee. Fees may reduce earnings. New savings accounts and applicable rates are available for Maryland businesses only. For assistance and more information, please call 800.787.7ESB and review the Business Accounts Disclosure for complete details. 

Business Money Market Savings Accounts

APYRATEMINIMUM BALANCECOMPOUNDING FREQUENCY
0.05%0.050%$500Daily
0.10%0.100%$2,500Daily
0.20%0.200%$10,000Daily
0.45%0.449%$25,000Daily
0.85%0.846%$50,000Daily
1.05%1.045%$75,000Daily
1.10%1.094%$100,000Daily
1.75%1.735%$500,000Daily
4.00%3.922%$1,000,000Daily

The minimum amount required to open a savings account is $100. Annual Percentage Yield (APY) may change after account opening. Average monthly balance avoids monthly fee. Fees may reduce earnings. New savings accounts and  applicable rates are available for Maryland businesses only. For assistance and more information, please call 800.787.7ESB and review the Business Accounts Disclosure for complete details. 

Business Checking Accounts

APYRATEMINIMUM BALANCECOMPOUNDING FREQUENCY
0.05%0.050%$500Daily
0.05%0.050%$1,500Daily
0.10%0.100%$5,000Daily
0.15%0.150%$25,000Daily
0.20%0.200%$50,000Daily
0.25%0.250%$75,000Daily
0.50%0.499%$100,000Daily
1.00%0.995%$500,000Daily
Interest rates applicable to balances maintained in Business Premier Checking and Community Checking Trust accounts.

The minimum amount required to open a Business Premier Checking is $500 . The minimum amount required to open a Business Checking, Community Checking, and/or Community Checking Trust account is $100. Annual Percentage Yield (APY) may change after account opening. Average monthly balance avoids monthly fee. Fees may reduce earnings. New savings accounts and  applicable rates are available for Maryland businesses only. For assistance and more information, please call 800.787.7ESB and review the Business Accounts Disclosure for complete details.

Special Certificate (CD) Rates

Special CD TERMAPYRATEMINIMUM DEPOSITCOMPOUNDING FREQUENCY
9-Month5.01%4.889%$10,000Daily
10-Month5.01%4.889%$10,000Daily
11-Month5.01%4.889%$10,000Daily
12-Month5.01%4.889%$10,000Daily
13-Month5.01%4.889%$10,000Daily
14-Month5.01%4.889%$10,000Daily

SPECIAL CD DISCLOSURES: APY=Annual Percentage Yield. Pick your term special CD offer is available only with NEW MONEY, that is funds that are not already on deposit with Eastern Savings Bank. 5.01% APY (4.889% interest rate) with a minimum balance requirement of $10,000. A term can be chosen at account opening from between 9 to 14 months. All pick your term CD specials will automatically renewal upon maturity with applicable rate at time of renewal. Terms selected between 9 to 14 months will automatically renew to a 12-month term. All advertised special APYs and terms are a limited-time promotional offer applicable as of March 1, 2024 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. Rates are applicable for business accounts only. For assistance and more information, please call 800.787.7ESB. and review the Business Accounts Disclosure for complete details.

Business Certificate (CD) Rates

CD TERMAPYRATEMINIMUM DEPOSITCOMPOUNDING FREQUENCY
3-Month0.05%0.050%$1,000Daily
6-Month0.07%0.070%$1,000Daily
12-Month0.15%0.150%$1,000Daily
18-Month0.15%0.150%$1,000Daily
24-Month0.20%0.200%$1,000Monthly
30-Month0.20%0.200%$1,000Monthly
36-Month0.25%0.250%$1,000Monthly
48-Month0.35%0.349%$1,000Monthly
60-Month0.40%0.399%$1,000Monthly

The minimum balance required to open and obtain the stated annual percentage yield (APY) is $1,000, unless otherwise noted on special CDs. The rate is fixed for the term of the certificate. An early withdrawal penalty may be imposed. Rates are subject to change without notice. Rates are applicable for business accounts only. For assistance and more information, please call 800.787.7ESB. and review the Business Accounts Disclosure for complete details.

Business Jumbo Certificate (CD) Rates

CD TERMAPYRATEMINIMUM DEPOSITCOMPOUNDING FREQUENCY
3-Month0.05%0.050%$100,000Daily
6-Month0.07%0.070%$100,000Daily
12-Month0.15%0.150%$100,000Daily
18-Month0.15%0.150%$100,000Daily
24-Month0.20%0.200%$100,000Monthly
30-Month0.20%0.200%$100,000Monthly
36-Month0.25%0.250%$100,000Monthly
48-Month0.35%0.349%$100,000Monthly
60-Month0.40%0.399%$100,000Monthly

The minimum balance required to open and obtain the stated annual percentage yield (APY) is $100,000, unless otherwise noted on special CDs. The rate is fixed for the term of the certificate. An early withdrawal penalty may be imposed. Rates are subject to change without notice. Rates are applicable for business accounts only. The 35-Month Special CD is only applicable to NEW MONEY. For assistance and more information, please call 800.787.7ESB. and review the Business Accounts Disclosure for complete details.

 


SPECIAL CD DISCLOSURES: APY=Annual Percentage Yield. Pick your term special CD offer is available only with NEW MONEY, that is funds that are not already on deposit with Eastern Savings Bank. 5.01% APY (4.889% interest rate) with a minimum balance requirement of $10,000. A term can be chosen at account opening from between 9 to 14 months. All pick your term CD specials will automatically renewal upon maturity with applicable rate at time of renewal. Terms selected between 9 to 14 months will automatically renew to a 12-month term. All advertised special APYs and terms are a limited-time promotional offer applicable as of March 1, 2024 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.