Featured Savings Options for Businesses

Watch your savings grow with great rates to meet your business needs! Choose a Certificate of Deposit for a guaranteed rate of return or a Money Market to grow your savings while keeping the flexibility you need to manage your business.

Featured Business CDs

 

Earn 4.59% Annual Percentage Yield1 with our 12 Month Featured CD2.

Visit your local Eastern Bank branch or talk to your Banker to open a Featured CD with the term that works best for your business.

Find a Branch

 

Our Featured CDs provide a guaranteed rate of return to put you in control of your business savings.

12 Month CD at 4.59% APY1
6 Month CD at 3.53% APY1
3 Month at 3.03% APY1
  • Exceptional rates!
  • Guaranteed rate of return for the entire term.
  • $2,500 minimum opening deposit.

 

Featured Business Select Money Market

Earn 2.53% Annual Percentage Yield1 for balances $250,000 and above with our Featured Business Select Money Market.

Visit your local Eastern Bank branch or talk to your Banker to open a new account today.

Find a Branch

 

Balance Annual Percentage Yield1 Interest Rate
$10 - $9,999 0.10% 0.10%
$10,000-$99,999 0.50% 0.50%
$100,000-$249,999 2.02% 2.00%
$250,000+ 2.53% 2.50%
  • A premium rate for higher balance accounts.
  • Earn higher interest rates as your balances grow.
  • $50 minimum opening deposit.

 


 

 1Annual Percentage Yield (APY) is accurate as of 1/26/2023. 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 renewed at standard Business Account CD rates at maturity, unless the depositor instructs the Bank otherwise.