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PlatinumBlue 1-Year Certificate of Deposit

1.75% APY*

Banks should help you earn more. That’s why our 1-year Certificate of Deposit fully insures every deposit and has an APY that is twice the national average.** Just open a PlatinumBlue Checking Account or Impact Checking Account* to qualify. You will get free access to any ATM at any bank in the country with a PlatinumBlue Checking Account or reimbursed ATM fees up to $8 with an Impact Checking Account.*  Plus, access our best rates for personal savings accounts and home equity products. And of course, free online banking, mobile banking and bill pay.

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Learn more about the Certificate of Deposit accounts that we offer. Contact our Banking team, visit one of our branch locations, or complete the form below and a Banker will reach out to you shortly.

 

*Annual percentage yield (APY) effective as of 9/24/18 for the PlatinumBlue CD. This CD has a one year term. A $500 minimum deposit is required to open the account. Maximum balance is $2,000,000. You must maintain a minimum balance of $500 in the CD account to obtain the disclosed APY. All interest earned must remain n the CD for the entire term; withdrawal of interest during the term will result in earnings below the published APY. A penalty may be imposed for early withdrawal.  Fees may reduce earnings. A variety of other CD terms and rates are available. Personal deposits only. 

Massachusetts residents only. Limit 2 CDs per taxpayer identification number, per CD type.  Offer may be withdrawn at any time. To earn the annual percentage yield (APY) on your account, you must have an active Impact Checking account, an active PlatinumBlue Checking account,  or an existing active CoolBlue Checking account.  (CoolBlue Checking is no longer offered for new accounts.) 

Impact Checking account is considered active with an average daily balance of $10,000 or greater, a minimum direct deposit(s) of $500 within each statement cycle or 5 debit card purchases (pinned or signature) that post and settle per statement cycle. (ATM transactions are not included).  Each statement cycle the Impact Checking account is non-active, the APY for the Impact Checking account defaults to .10% for balances up to $10,000.00 for the next statement cycle and the APY of the PlatinumBlue 1-Year CD defaults to .40% for the next statement cycle.  If there is no activity in the account for 90 days, a $10 inactivity fee will apply.  For active accounts, up to $8 of ATM fees are reimbursed per statement cycle.  Each statement cycle the Impact Checking account is inactive, all ATM surcharges for that statement cycle will apply and a monthly service charge of $20.00 will be imposed. A minimum deposit of $10 is required to open an Impact Checking account.

 A PlatinumBlue Checking account is considered active with a $2,500 average daily balance or a minimum of $250 direct deposit(s) within each statement cycle or 5 debit card POS (pinned or signature) transactions that post and settle during the statement cycle (ATM transactions are not included) or 5 third party cleared checks per monthly statement cycle or five online bill payments during the statement cycle.  Each statement cycle the PlatinumBlue Checking account is non-active,  the APY of the PlatinumBlue 1-Year CD defaults to.40% for the next statement cycle, all ATM surcharges apply and a $25.00 monthly service charge will be imposed.  If there is no activity in the account for 90 days, a $10 inactivity fee will apply.  A $250 minimum deposit is required to open a PlatinumBlue Checking account.

 CoolBlue Checking is no longer being offered. However, the PlatinumBlue 1 Year CD can be opened by a customer with an existing CoolBlue Checking account. A CoolBlue Checking account is considered active with a $10,000 average daily balance or a minimum of $250 direct deposit(s) within each statement cycle, or 5 debit card transactions (pinned or signature) that post and settle per statement cycle. (ATM transactions are not included).  If there is no activity in the account for 90 days, a $10 inactivity fee will apply.  Each statement cycle the CoolBlue Checking Account is non-active, the APY for the PlatinumBlue 1-Year CD defaults to .40% for the next statement cycle, all ATM surcharges apply and a $20.00 monthly service charge will be imposed.  For active accounts, up to $8 of ATM fees are reimbursed per statement cycle. 

**Average national 1-year Certificate of Deposit rate as of 5/10/18 reported by the FDIC.

 

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