Eastern Federal Bank Offering 2.20% APY on 48 Month CDs

Eastern Federal Bank is offering a bump-up special offer on certificates of deposit for the 48 month term.

2.20% APY can be availed if you make a minimum deposit of $500. The bank allows savers to move the rate up once in the term. On a $500 deposit (at least), you can earn 2.25% APY on CDs for 60 months.