Review the current rates and annual percentage yields (APY) for our selection of savings options.

Statement Savings**^

Effective Date: Sunday, August 18, 2019

Statement Savings**^

APYInterest RateMinimum To OpenMinimum Daily Balance to Earn APY
0.05%0.05%$1$10

** The interest rate and annual percentage yields may change after account opening. Fees may reduce earnings.

Statements Savings (Online Account Opening Only)**^

Effective Date: Sunday, August 18, 2019

** The interest rate and annual percentage yields may change after account opening. Fees may reduce earnings. Account must be opened online. Must be funded with deposits not currently held at Beverly Bank. Consumer accounts only (non-business). Product offering may be withdrawn at any time.

11 Month Tiered-Rate CD Special*

Certificate of Deposit Specials

Effective Date: Sunday, August 18, 2019

Certificate of Deposit Specials

TermAPYInterest RateMinimum to OpenMinimum Daily Balance to Earn APY
11 month*1.90%1.90%$500$500

*A penalty will be imposed for early withdrawals. Early withdrawals will be subject to substantial penalty as required by law. Customers may request further information from one of our Customer Service Representatives concerning the fees and terms applicable to these accounts. Fees may reduce earnings.

 

Certificate of Deposit

Effective Date: Sunday, August 18, 2019

Certificate of Deposit

TermAPYInterest RateMinimum To OpenMinimum Daily Balance to Earn APY
91 Day*0.15%0.15%$500$500
6 Month*0.30%0.30%$500$500
7 Month*0.30%0.30%$500$500
9 Month*0.50%0.50%$500$500
12 Month*.50%.50%$500$500
15 Month*.55%.55%$500$500
18 Month*1.00%1.00%$500$500
20 Month*0.75%0.75%$500$500
24 Month*0.75%0.75%$500$500
36 Month*1.25%1.24%$500$500
48 Month*1.50%1.49%$500$500
60 Month*2.00%1.98%$500$500

*A penalty will be imposed for early withdrawals. Early withdrawals will be subject to substantial penalty as required by law. Customers may request further information from one of our Customer Service Representatives concerning the fees and terms applicable to these accounts. Fees may reduce earnings.

 

Individual Retirement Accounts

Effective Date: Sunday, August 18, 2019

Individual Retirement Accounts

TermAPYInterest RateMinimum To OpenMinimum Daily Balance to Earn APY
IRA Savings0.05%0.05%$1$10
91 Day*0.15%0.15%$500$500
6 Month*0.30%0.30%$500$500
7 Month*0.30%0.30%$500$500
9 Month*0.50%0.50%$500$500
11 Month*1.90%1.90%$500$500
12 Month*0.50%0.50%$500$500
15 Month*.55%.55%$500$500
18 Month*1.00%1.00%$500$500
20 Month*0.75%0.75%$500$500
24 Month*0.75%0.75%$500$500
36 Month*1.25%1.24%$500$500
48 Month*1.50%1.49%$500$500
60 Month*2.00%1.98%$500$500

*A penalty will be imposed for early withdrawals. Early withdrawals will be subject to substantial penalty as required by law. Customers may request further information from one of our Customer Service Representatives concerning the fees and terms applicable to these accounts. Fees may reduce earnings.