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Sovereign Bank Paying 2.15% APY on 60 Month CDs

Sovereign Bank is now paying 2.15% APY on 60 month CDs, on a minimum deposit of $500. The bank, which initially offered 2.75% APY on CDs for this term, recently cut the rate.

The top rate of 2.75% APY is being offered by Danversbank and Quaint Oak Bank. These certificates of deposit can be availed on a minimum deposit of $500.

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