Massachusetts

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Everett, Massachusetts CD Rates – 2-Year

You are viewing rates from banks across Everett

 

Below are two-year Certificates of Deposit (CD) rates from banks in Everett, Massachusetts. Two year CDs generally offer a higher rate than 1 year CDs but require a longer commitment. Depending on the economy, longer term CDs may or may not offer more premium as the term increases. If you expect rates on bank products to drop, can afford to lock the money away, and feel you are receiving enough premium for the time commitment, then longer-term CDs may be appropriate.

Everett, MA - November 8, 2024

2 Year CD National Average : 0.66% ?

Banks APY MIN MILES ?

Rate History: 0.25% → 4.50% → 4.25%

| Jan 8, 2018

Another bad bank! Did a hard pull just to open a checking account with no overdraft and denied me. Never even bothered to send a letter or e-mail. Now I have another inquiry on my credit report for nothin... Read More

Rate History: 2.25% → 5.00% → 4.75% → 4.50% → 4.25%

Rate History: 4.30% → 4.20% → 4.15%

| Feb 9, 2021

The wonderful assistants at Beal Bank are wonderful. Rebeca took great care of me and made sure all my concerns were addressed. Read More

Rate History: 0.60% → 0.55% → 4.00%

Rate History: 4.25% → 4.50% → 4.25% → 4.00%

Rate History: 4.05% → 3.90%

Rate History: 4.50% → 4.40% → 4.25% → 4.00% → 3.75%

Rate History: 1.01% → 3.75%

| Mar 20, 2016

Good solid bank. Read More

Rate History: 2.00% → 3.50% → 4.00% → 3.75% → 3.60%

| Jan 30, 2020

Find branch personnel are genuinely interested in my business. Read More

Rate History: 4.10% → 4.00% → 3.58%

| Feb 14, 2022

I had a personal checking account and a business account. All went well until I sent a polite letter pointing out that it is improper, and not good practice, to make online passwords expire. Why should ... Read More

Rate History: 1.00% → 4.00% → 3.75% → 3.60% → 3.25%

Rate History: 3.00% → 3.75% → 4.25% → 3.50% → 3.25%

| Apr 18, 2017

Village Bank currently has a 15 mo. CD special at 1.50% Read More

Rate History: 3.75% → 3.00%

Rate History: 2.25% → 0.75% → 2.50% → 2.25%

| Jan 23, 2017

2.50 Read More

| May 11, 2023

They made mistakes twice and would not correct them Read More

Rate History: 1.75% → 2.00%

Rate History: 1.00% → 2.00%

| Feb 25, 2022

I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More

Rate History: 3.00% → 2.50% → 2.00%

| Jan 2, 2023

Terrible customer service by investment side. Fees too high , too full of themselves Read More

Rate History: 1.75% → 1.31% → 1.75%

| Aug 28, 2022

Rates are totally uncompetitive now. Read More

Rate History: 1.25% → 1.31%

Rate History: 4.00% → 1.00% → 4.00% → 1.00%

| May 19, 2018

Experience Read More

0.90%

$10,000

18.25

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| Apr 18, 2016

No 2% 12 month CD unless IRA. Misleading at best. Read More

0.75%

$10,000

23.26

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Rate History: 1.00% → 0.75%

0.70%

$10,000

6.94

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0.70%

$10,000

7.13

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0.65%

$10,000

11.49

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0.60%

$10,000

21.08

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0.60%

$10,000

3.77

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0.60%

$1,000

-

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0.55%

$10,000

23.56

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| Feb 21, 2015

Interesting. Is there an approximate Texas ratio for a bank at which other banks may become very interested in an acquisition. Read More

| Jan 12, 2021

They put paychecks on hold for a day so don’t expect your paycheck right away and they don’t answer their phones Read More

Rate History: 1.00% → 0.50%

Rate History: 2.75% → 0.50%

Rate History: 0.40% → 0.50%

| Sep 3, 2020

Went in to open accounts in Middleboro foy my husband and myself as well as one for my grandson. Without being invited into an office I was asked from across the room if I was opening accounts for the chi... Read More

Rate History: 1.00% → 0.45%

Rate History: 0.30% → 0.35% → 0.30%

0.20%

$10,000

19.72

Learn More

| Nov 1, 2021

worst bank ever and they racist ruth bitchell and the rest of them ban frontline workers that complain about their mistakes this only happens to blacks Read More

| Jan 1, 2016

I very much prefer banking here. Everyone is so friendly and know who is calling by voice. Your help getting me through this year where I did as much as possible to launch my business, CryoRain Inc., is ... Read More

| Jul 24, 2023

BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

Two Year CDs - Branch Banks 2024

Two year CDs, also know as 24 month CDs are an intermediate term product that commits a depositor to keeping their money in the bank for 24 months in return for a fixed rate of return during that period. All two year CDs shown on BestCashCow are FDIC insured.

While two year CDs commit a person to locking their money in for double the time of a 12 month CD, the rate is not double. As a result, a depositor should think about whether the extra rate is worth the extra time commitment.

In general, if rates are rising, it makes sense not to lock up money for an extended period of time.

If rates are falling, then it makes sense to put money into a longer-term instrument to lock-in a higher rate.

Many find opening CDs at local bank is often easier than online. In a branch, a depositor can sign CD documents and initiate a CD in person, and can often get it done faster than mailing a check or initiating a wire transfer in order to get their money to an online bank. Many also appreciate the opportunity to interact face to face with a real human being as opposed to by phone or instant messaging.

The advantages of a two year branch CD are:

  • A higher rate than 12 month CDs in return for leaving the money in the bank longer.
  • A fixed rate during the 24 month period.
  • A generally higher rate for the same term than what can be found in a branch-based bank.
  • FDIC insurance.
  • Convenience of opening and managing the CD online.

The disadvantages of a two year branch CDs are:

  • Rates are generally lower than on the top online savings and CD accounts.
  • Money is tied up for two years. Removing it early results in significant penalties.
  • Opening online can often take several days. Problems must be handled online or via the phone as there is no branch.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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