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Certificates of Deposit
Effective:
June 23, 2008
|
Term
|
APY*
|
|
90 Day
|
2.50%
|
|
6 Month
|
2.60%
|
|
9 Month
|
2.60%
|
|
12 Month
|
2.75%
|
|
13 Month
|
NA%
|
|
18 Month
|
3.00%
|
|
24 Month
|
3.00%
|
|
30 Month
|
3.00%
|
|
36 Month
|
3.00%
|
|
48 Month
|
3.00%
|
|
60 Month
|
3.25%
|
|
IRA
|
Depends on terms
|
*Annual Percentage Yield (APY) subject to change without notice. All interest is compounded daily, posted monthly unless indicated otherwise. $1,000 minimum deposit to open account and earn APY. Penalties may be imposed on early withdrawal from account.
Checking Account
Effective:
June 23, 2008
|
Program
|
Minimum Daily
Balance to earn APY |
APY*
|
|
Free Checking
|
$10
|
0.25%
|
*Annual Percentage Yield (APY) subject to change without notice. All interest is compounded daily, posted monthly unless indicated otherwise. $25 minimum deposit to open account.
Money Market Account
Effective:
June 23, 2008
|
Program
|
Minimum Daily
Balance to earn APY |
APY*
|
|
Capital Money Market
|
$100,000 or more
|
3.40%
|
|
$50,000 - $99,999
|
3.00%
|
|
|
$25,000 - $49,999
|
2.80%
|
|
|
$2,500 - $24,999
|
2.60%
|
*Annual Percentage Yield (APY) subject to change without notice. APY for variable rate accounts may change after account opening. Fees may reduce earnings. All interest is compounded daily, posted monthly unless indicated otherwise. $2500 minimum deposit to open account.
Savings Accounts
Effective:
June 23, 2008
|
Program
|
Minimum
Deposit to open |
Minimum
Daily Balance to earn APY |
APY*
|
|
Statement Savings
|
$25
|
$10
|
0.60%
|
| Passbook Savings |
$10
|
$10
|
0.50%
|
| Christmas Club |
$10
|
$10
|
0.70%
|
| Vacation Club |
$10
|
$10
|
0.70%
|
| Super Passbook |
$2,500
|
$2,500
|
1.25%
|
*Annual Percentage Yield (APY) subject to change without notice. All interest is compounded daily, posted monthly unless indicated otherwise.
Your deposits are insured in full!
At Commonwealth Co-operative Bank, every deposit is insured in full. The Federal Deposit Insurance Corporation (FDIC) insures each depositor for $100,000. The Share Insurance Fund of Massachusetts (SIF) of the Co-operative Central Bank insures all deposits in excess of this amount. No one provides better deposit protection.
Make the Commonwealth connection!
For more information about Commonwealth Co-operative Bank please visit our office, call (617) 227-2298 or complete our information request form.