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Are you looking for CDs in Massachusetts? Make sure to shop around thoroughly. While the average one-year CD is paying only 0.29 percent, there are still some online banks and credit unions offering much better deals. Use our research to find the best CD rates in Springfield, MA.
You'll get a better rate out of long-term CDs, but you'll have to make sure you can lock your money away for the entire term. Otherwise, most institutions will hit you with a stiff penalty that can eat up all of your interest and some of your principal. Use our research to find CD rates in Springfield, MA.
CD rates in Springfield, Massachusetts
Here are the one-year CD rates in Springfield, MA, as of 10:00 a.m. on Friday.
| Institution | APY | Min Deposit |
| Ally | 1.04% | $0 |
| United Bank | 0.5% | $500 |
| Westfield Bank | 0.4% | $1,000 |
| Bank of America | 0.2% | $1,000 |
| PeoplesBank | 0.15% | $1,000 |
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