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Savings and CDs

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eastern bank teller handing cash to a customer

Savings and CDs

 

Running a successful business requires getting the most from every dollar. At Eastern Bank, we offer a wide array of solutions to help you get more out of your savings, and enjoy the assurance of FDIC protection.

With our Limited Time High-Yield rates, earning has never been easier.

  • Earn up to 4.30% Annual Percentage1 with our Featured CD2.
  • Earn 1.56% Annual Percentage1 for balances $250,000 and above with our Featured Business Select Money Market.

     

FEATURED rates With Annual Percentage Yields as high as 4.30%1

Savings and Money Market

 

1. In each monthly statement period, you may make no more than six (6) transfers and/or withdrawals by means of preauthorized, automatic telephone or computer instructions or checks when applicable.

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store owner posing in front of her merchandise in the shop

Certificates of Deposit

 

We understand that you may have long-term savings goals for your business. Our Certificates of Deposit are ideal for businesses that don’t require access to their funds and prefer the security of a fully insured investment.

Features and Benefits

  • Flexible terms to meet your needs – from three months to five years. 
  • Low minimum opening deposit – just $500
  • Guaranteed fixed rate for the entire term
  • The security of FDIC insurance protection

1. Annual Percentage Yield (APY) is accurate as of 11/15/2026 This offer, interest rates, or APY may change at any time at the discretion of the Bank. Fees may reduce earnings. Please refer to the Business Deposit Account Agreement for details.
2. A penalty may be imposed for early withdrawal. Certificates of Deposit will be automatically renewed at standard Personal Account CD rates (not Featured CD rates) at maturity, unless the depositor instructs the Bank otherwise.

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A customer at an Eastern Bank branch counting money that was handed to her by the bank teller

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