Certificates of Deposit
Times Have Changed. Reliable Banking Has Not.
18-Month CD = 2.01% *APY
24-Month CD = 2.25% *APY
*APY = Annual Percentage Yield. Rate Valid as of 8/1/18. Offer valid for funds not on deposit with Belmont Savings Bank. Minimum of $10,000 of new money only. No maximum amount. Penalty may be imposed for early withdrawal. Fees may reduce earnings. Subject to change without notice. Member FDIC.
Excess cash of a $500 or more?
With competitive rates and a variety of terms, our CD’s offer a safe and secure way to save your money. Whether your objective is short or long term, these dependable performers are a smart choice for savers looking for a higher rate without the risk to principal. An extra bonus to our larger depositors – earn an extra 0.25% when your CD balance is $98,000 or higher! And something else that’s quite valuable: peace of mind.
- A guaranteed interest rate is earned for the selected term
- Flexible terms - anywhere from six months to four years
- Step-Up feature for certain terms – when rates rise, you have to option to request a one-time increase in the rate of your CD
- Automatic renewals
- FDIC Insured to the maximum permitted by law
- Penalty for early withdrawal. See account disclosures for additional information