Deposit Rates

All rates are subject to change at any time without prior notice. For more information, please call (617) 387-5110.

Last Update:  7/13/2017 11:20 a.m.


1The disclosed APY assumes the interest remains on deposit for the term of the time deposit. Rates subject to change without notice. A penalty may be imposed for early withdrawal. Other terms and rates available.

2With the current "step-up" feature, you have the one-time option to change the rate on your account for the remainder of its original term to the current rate. The current rate is defined as the rate being offered by the Bank (at the time you exercise your option) on the CD's with the same term as the original term of your account or, if not available, the 24 Month Certificate of Deposit. Signature Banking Customers: Please be reminded that when you exercise an option, the 0.10% added benefit does not apply. This only applies to new or rollover CD's. If you renew your account, you may retain the "step-up" option for the renewed account at the term identified in this disclosure, only if the "step-up" feature is being offered on that particular term account at the time of renewal. Please inquire at the time of renewal. Minimum deposit to open the CD and obtain the APY is $500.

3With the current double-play "step-up" feature, you have the option to change the rate on your account on two occasions during the original term of the certificate of deposit. If you decide to exercise this option, the rate will change to the current rate. The current rate is defined as the rate being offered by the bank (at the time you exercise your option) on the CD's with the same term as the original term of your account. Signature Banking Customers: Please be reminded that when you exercise an option, the 0.10% added benefit does not apply. This only applies with new or rollover CD's. If you renew your account, you may retain the "step-up" option for the renewed account at the term identified above, only if the "step-up" feature is being offered on that particular term account at the time of renewal. Minimum deposit to open the CD and obtain the APY is $500. Please inquire at time of renewal.

4You must maintain an Eagle Bank checking account with a monthly direct deposit from payroll, pension or Social Security for the entire term of the Special 1 Year or Special 5 Year CD. If you do not currently have direct deposit in your Eagle Bank checking account, you must have an acceptable direct deposit transaction within 90 days of opening the Special 1 Year or Special 5 Year CD. Failure to maintain an Eagle Bank checking account with a monthly direct deposit from payroll, pension or Social Security during the term of the CD will result in the interest rate and APY resetting to a lower, default interest rate and APY on these Special CDs. The default APY for the Special I Year CD will be the current APY paid on a regular 1 Year CD (currently our 12-17 Month CD interest rate category) for the remainder of the Special 1 Year CD’s term. The default APY for the Special 5 Year CD will be the lesser of 1.00% or the current APY paid on a 5 Year CD, for the remainder of the Special 5 Year CD’s term.

5Signature Banking customers do not earn an additional rate bonus for the Special 1 Year CD, Special 5 Year CD, Special 20 Month CD, or the Special 28 Month CD/

6Special 1 Year CD, 20 Month CD, and 28 Month CD must be for New Money only. Withdrawals or transfers from existing Eagle Bank accounts do not qualify.

Signature Banking Customers periodically are offered special CD rates and automatically receive an increase of 0.10% on all new and renewed CDs.  Combo CDs are offered to those customers who have an existing Eagle Bank Checking Account.