Ocean Bank of Portsmouth New Hampshire has two CD specials running.  The first CD is a 5 month certificate that earns an interest rate of 3.00% APY.  The minimum deposit to open this bank CD is $1,000.00.  Ocean Bank has another promotional CD that yields 3.25% APY on a two year bump up CD.  The bump up CD allows the certificate holder to increase the rate on the CD twice during its term.  The bump up CD rate increase is at the accountholders discretion and upon notification to the bank will be based on the highest rate offered by the bank on the 24 month bump up CD.  The minimum deposit for this bank CD is $2,000.00.   Rates not guaranteed due to market changes or error.  Rates and conditions are subject to change.  Additional conditions may apply.  Interest is compounded daily on the bank certificates of deposit which builds earnings faster.
An automated renewal option is available on the CDs as well. Ocean Bank offers checking accounts, savings accounts and traditional money market accounts as standard consumer products. 

Ocean Bank is a locally managed commercial bank with $2.3 billion in assets and 38 branches in New Hampshire and southern Maine.  Ocean Bank is a subsidiary of People’s United Bank, a federally-chartered savings bank with approximately $20 billion in assets and 300 branches in Connecticut, Vermont, New Hampshire, Massachusetts, Maine and New York.  Ocean bank can be reached at 800-367-8862.  The bank web site is located at www.eocean.com.  Rate information current as of December 20, 2008.

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