Best Massachusetts CD Rates: 12-Month Term

If you’re not satisfied by the interest rates banks and credit unions are offering on 6-month CDs right now, lengthening the term a bit can help you get better offers. 12-month, or 1-year, certificates of deposit generally provide higher interest rates than shorter-term CDs. If you’re willing to keep your money on deposit for this long, a 12-month CD could be a great choice for you.

Today’s 1-Year CD Rates in Massachusetts

To get a better idea of what currently available, here’s a look at the highest, lowest and average 12-month CD rates in Massachusetts right now:

Number of Accounts Available: 6
Highest Rate: 1.71% APY
Lowest Rate: 0.15% APY
Average Rate: 0.83% APY

Where the Highest 12-Month CD Rates are Located

The following are the local Massachusetts banks and credit unions that are currently offering the highest 12-month CD interest rates:

Worcester Fire Dept. Credit Union: 1.71%
600 Atlantic Credit Union: 1.47%
Digital Federal Credit Union: 1.25%
Newton Teachers Credit Union: 1.25%
Houghton Mifflin Harcourt Employees Credit Union: 1.15%

These rates are accurate as of 5/10/11 but are subject to change at any time. To view up-to-date CD rates across all terms, visit our Massachusetts CD Rates page.

Related Rates Articles

Best Massachusetts Banking Rates

Featured Rate
CIT Bank	1.10% Date: May 14, 2012 View Rate Details
Ally Bank	1.09% Date: May 15, 2012 View Rate Details
Highest Rates Recent Rate Changes
Worcester Fire Dept. Credit Union 2 Year CD Account	1.51% Date: May 16, 2012 View Rate Details
Southcoast Health System Credit Union 2 Year CD Account	1.50% Date: Apr 30, 2012 View Rate Details
600 Atlantic Credit Union 2 Year CD Account	1.30% Date: May 2, 2012 View Rate Details
Worcester Credit Union 2 Year CD Account	1.25% Date: May 16, 2012 View Rate Details
Andover Credit Union 2 Year CD Account	1.21% Date: May 1, 2012 View Rate Details
Allcom Credit Union 2 Year CD Account	1.15% Date: May 9, 2012 View Rate Details
Worcester Fire Dept. Credit Union Savings Account	1.00% to 0.75% Date: May 16, 2012
Reading Co-operative Bank 12 Month CD Account	0.75% to 0.30% Date: May 15, 2012
Meetinghouse Bank 6 Month CD Account	0.40% to 0.35% Date: May 14, 2012
Houghton Mifflin Harcourt Employees Federal Credit Union 6 Month CD Account	0.60% to 0.50% Date: May 11, 2012
Cape Cod Five Cents Savings Bank Savings Account	0.25% to 0.20% Date: May 10, 2012
Berkshire Bank 6 Month CD Account	0.25% to 0.20% Date: May 7, 2012

See All Banking Rates

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