MA NY CD Rates, Legacy Banks

A bank CD is a great savings vehicle with high returns and virtually no risk, regardless of the amount you choose to invest as long as the amount remains under the maximum covered by the FDIC.  Before investing in a CD there are several points that an investor should consider.  Just like any other type of investment, it is important to consider the objectives, goals and terms of the investment in order to obtain the greatest level of benefits.  Look and shop for the bank with the services you need, decide on the term of the CD and compare interest rates.

For those consumers and investors in Massachusetts and New York, the CDs of Legacy Bank should be kept under consideration.  Legacy Bank is a community bank serving customers in Western Massachusetts and Eastern New York, since 1835.  Legacy Bank is headquartered in Pittsfield, MA and has eleven bank branches in Massachusetts and seven bank branches in New York.  This community bank has had a long history of offering great financial products and services within this region.

The bank has all the financial tools and services to help customers get more for their money.  Legacy Bank works on finding new ways to help customers save time, save money and make investing and saving easier.  Legacy Bank offers a variety of CD programs to fit customer’s short or long-term financial goals.  Depending on a specific savings plans, the customer has the option to choose a three month term up to a sixty month term, with competitive fixed rates to help savings grow.

 Legacy Bank’s rates and terms consist of:

A three month CD that earns an interest rate of 1.50% APY.
A five month CD with a rate of 2.50% APY.
A twelve month CD yielding an interest of 2.00% APY.
A fifteen month CD with a rate of 2.25% APY.
An eighteen month CD that has an interest rate of 2.50% APY.
A twenty-four month CD with a rate of 2.75% APY.
A thirty-six month CD that earns an interest rate of 3.25% APY.
A forty-eight month CD yielding an interest rate of 3.50% APY.
And a sixty month CD rate with a rate of 3.75% APY.

Legacy Banks has offices located throughout Berkshire County in Western Massachusetts and in Albany, Greene, Schoharie, and Washington Counties in Eastern New York State. In addition to the bank CDs the bank provides complete personal banking services, mortgage lending, commercial services, real estate lending, insurance, investments, portfolio management, credit and debit card products, and online bank services.  With secure, flexible savings tools like certificates of deposit and savings accounts solutions, the bank is working for its customers helping them get a higher return and grow their finances.

Interest rates are subject to change without notice.  Additional bank rates and bank product data can be retrieved by calling the bank at 800-292-6634, visiting one of the bank branches or viewing the current rates and data online at www.legacy-banks.com.

Tags: Banks, best CD rates, CD rates, CD rates Massachusetts, New York CD Rates, rates, savings

This entry was posted on Tuesday, January 13th, 2009 at 12:49 pm and is filed under Bank Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.