Deposit Rates

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

Last Update:  7/7/2020 1:15 p.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 withdrawal(s) before maturity. 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.

4Special 15 Month Certificate of Deposit account will not renew for a same special 15 month term at maturity.  The renewal term will be 12 months, beginning on the maturity date.  The interest rate assigned at renewal will be the same rate offered on new, regular 12 month term certificates of deposit on the maturity date.

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.  This does not apply to the Special 15 month CD/IRA.