Sugar River Bank is headquartered in Newport, NH.  The bank has been in business for over 100 years, opening its doors in 1895.  The bank has four additional bank branches in Grantham, New London, Sunapee and Warner.  Sugar River Bank provides consumers a number of transaction account options, deposit options and loan options all with very competitive interest rates.

As part of the savings options available at the bank, Sugar River Bank has a variety of certificate of deposit investment choices to meet investors and individual savings needs.  Investors can select certificate of deposit terms from six months to five years.  These CDs have competitive CD rates and low minimum balance requirements. 

CD interest is not compounded on the bank CDs less than 1 year in term.  Over 1 year term bank CDs have interest compounded monthly.  Monthly interest earned on the bank CDs may be transferred to any statement account at the bank.  Interest earned on the bank CDs is available by check on CD’s with balances in excess of $10,000.00.

Sugar River Bank is currently promoting the following CD rates and CD terms with minimum deposits of $500.00:

6 month CD rate is 1.21% 
1 year CD rate is 1.70% 
2 year CD rate is 2.15% 
3 year CD interest rate is 2.89% 
4 year CD has an interest rate of 3.05% 
5 year CD rate is 3.30% 
30 month CD rate special of 2.15% 
30 month CD rate on balances of $15,000.00 or greater is 2.15% 

The bank also offers a range of certificates of deposits for retirement accounts.  CD rates and CD terms for retirement accounts include the following:

18 month variable CD with a minimum deposit of $10.00 and a CD rate of 1.05% 
1 year CD with a minimum deposit of $100.00 has a CD rate of 1.74% 
2 year CD with an interest rate of 2.21% with a $500 minimum deposit
3 year CD yields 3.05% with a $500 minimum deposit
4 year CD rate of 3.05% with a $500 minimum deposit
5 year CD rate is 3.30% with a $500 minimum deposit

Bank rates are subject to change prior to opening the CD account.  For current CD rates and bank account information contact the bank directly at 800-562-3145.  Additional bank rates, bank CD rates and account information can be found at the bank website located at www.sugarriverbank.com

Mortgage rate information on Sugar River Bank can be found at www.findlocalmortgagerates.com

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