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 4.96% Annual Percentage Yield1 with our 6 Month Featured CD2.
Earn 3.04% Annual Percentage Yield1 for balances $250,000 and above with our Featured Business Select Money Market.
Click here to view our FEATURED rates With Annual Percentage Yields as high as 4.96%1
Savings & Money Market
Select Money Market
Prime Liquid Assets
Businesses that want a versatile account and a premium interest rate
Businesses looking for a savings option with limited check writing
Businesses looking for a low-cost account that earns interest regardless of account balance
Ability to access account using an Eastern Bank Business ATM/Debit Card
Check writing capability1
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.
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. View rates.
Low minimum opening deposit – just $500
Guaranteed fixed rate for the entire term
The security of FDIC insurance protection
1Annual Percentage Yield (APY) is accurate as of 6/1/2023. 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.