The outlook of CD rates has been bleak lately, but don't get too discouraged. CD rates in Boston, MA, have inched up this week. Yields may look a little worse for the wear, but some banks are still posting yields well above the national average. If you're looking to keep your investment close to home, it's still possible to find decent CD rates in your area of Massachusetts.
Even though yields showed some more promise this week, it's vital to shop thoroughly for the best CD rates around. Certificates of deposit are generally low-risk investments, but consider a CD ladder to take advantage of higher yields that may show up in the future. Find CD rates in Boston, MA, and in cites across the country with research from Bankrate.com.
CD rates in Boston, MA
Here are the 6-month CD rates as of 2 p.m. Thursday in Boston, MA.
|Century Bank & Trust Co.||0.65%||$1,000|
|Middlesex Savings Bank||0.55%||$250|
|Rockland Trust Company||0.30%||$1,000|
|Bank of America||0.20%||$1,000|
Follow Bankrate CD rates daily on Twitter.