Best 3-Month CD Rates in Massachusetts, MA

You are viewing rates from banks across Massachusetts

Below are the best three-month CD Rates from banks in Massachusetts. Three-month CD rates are generally the shortest term offered by banks and come with the lowest interest rates. You may want to consider opening a 3-month CD if they the rates are comparable to a savings and money market account, you don’t need the money for the time period, and you feel that savings rates will drop.

MA - August 4, 2025

CD National Average : 2.21% ^?

Banks	APY	MIN	MILES ^?
Brilliant Bank, a division of Equity Bank	4.40%	$1,000	-	Learn More Add Review
Rate History: 4.60% → 4.40%
Jason T \| May 30, 2023 They really do pay this amount, but the account lacks any functionality and they are constantly looking for some sort of add-on fee to enable them to claw back the interest. Any bank with a higher rate an... Read More
Leader Bank, National Association Central Square Branch	4.35%	$1,000	-	Learn More Add Review
Rate History: 0.25% → 5.00% → 4.75% → 4.50% → 4.35%
Bask Bank, a division of Texas Capital Bank	4.35%	$1,000	-	Learn More Add Review
Rate History: 5.00% → 4.90% → 4.65% → 4.50% → 4.35%
smithy1968 \| Apr 20, 2024 Save your tears for another day. Very frustrating. 1-star. Read More
Merrick Bank	4.30%	$25,000	-	Learn More
Rate History: 4.30% → 4.40% → 4.45% → 4.40% → 4.30%
Frank M \| Jul 3, 2023 A 2% early withdrawal fee on a 1-year CD is almost equally insane as a 270 day one. Read More Reviews (2)
Gateway First Bank	4.30%	$500	-	Learn More
Rate History: 1.00% → 4.30%
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
Charles Schwab Bank, SSB	4.27%	$1,000	-	Learn More
Rate History: 4.32% → 4.42% → 4.37% → 4.42% → 4.27%
kenbeckyreese@icloud.com \| Feb 12, 2020 WILL YOU CASH MY EE SAVINGS BONDS? PLEASE ADVSE. Read More Reviews (5)
Middlesex Federal Savings, F.A. Middlesex Federal Savings, F.A. - Teele Square Branch	4.25%	$500	-	Learn More Add Review
Rate History: 0.15% → 4.50% → 4.25%
Needham Bank Medfield Branch	4.25%	$1,000	-	Learn More
Rate History: 1.00% → 4.60% → 4.25% → 4.00% → 4.25%
Shawn \| Feb 14, 2022 I had a personal checking account and a business account. All went well until I sent a polite letter pointing out that it is improper, and not good practice, to make online passwords expire. Why should ... Read More Reviews (2)
Beal Bank USA Boston Branch	4.25%	$1,000	-	Learn More
Rate History: 4.35% → 5.05% → 4.95% → 4.80% → 4.25%
george \| Feb 9, 2021 The wonderful assistants at Beal Bank are wonderful. Rebeca took great care of me and made sure all my concerns were addressed. Read More Reviews (3)
Banesco USA	4.25%	$1,000	-	Learn More
Rate History: 4.50% → 4.40% → 4.25% → 4.00% → 4.25%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Winchester Co-operative Bank Winchester Co-Operative Bank Branch	4.20%	$500	-	Learn More Add Review
Rate History: 1.00% → 4.00% → 4.75% → 4.65% → 4.20%
Customers Bank	4.15%	$500	-	Learn More
Rate History: 4.25% → 4.15%
James A. Elder \| Mar 25, 2020 I was told on the phone by a bank rep that my present money market acct interest rate would continue at 2.25% until June 30, 2020 and would be FDIC covered up to $250,000. Please verify if this is true???... Read More Reviews (3)
TIAA Bank / Everbank	3.90%	$1,000	-	Learn More Add Review
Rate History: 4.00% → 3.95% → 3.90%
smithy1968 \| Mar 20, 2025 A non-customer-friendly organization that just switches between two contaminated brands trying to bring back some sort of goodwill that it had before it started selling fake foreign currency CDs in 2006 an... Read More
City National Bank	3.82%	$10,000	-	Learn More Add Review
Rate History: 5.12% → 4.59% → 4.33% → 4.07% → 3.82%
Barclays Bank Delaware	3.80%	$0	-	Learn More
Rate History: 0.10% → 3.80%
LenaL \| May 2, 2022 Barclays is the worst. Transfer speeds even worse than Synchrony now. Service is worse than anything. Save yourself the trouble of getting sucked into rates that are sometimes competitive and choose anythi... Read More Reviews (33)
Bread Savings, a division of Bread Financial	3.80%	$1,500	-	Learn More Add Review
Early withdrawal penalty is 180 days interest.
m abram \| Jul 4, 2025 Bread's current 6-month CD is 4.45%, not 4.35%. Read More
First Internet Bank of Indiana	3.61%	$1,000	-	Learn More
Rate History: 4.19% → 4.14% → 3.72% → 3.72% → 3.61%
Beenthere \| Jan 30, 2024 Have an IRA rollover, they don't take IRAs any longer. Read More Reviews (2)
Bristol County Savings Bank East Freetown Branch	3.55%	$5,000	-	Learn More Add Review
Rate History: 4.01% → 3.70% → 3.55% → 3.50% → 3.55%
Greenfield Savings Bank Conway Branch	3.55%	$10	-	Learn More Add Review
Rate History: 4.18% → 3.91% → 4.32% → 3.80% → 3.55%
The Village Bank Waban Branch	3.50%	$20	-	Learn More
Rate History: 5.00% → 4.75% → 4.50% → 3.75% → 3.50%
Andrea \| Apr 18, 2017 Village Bank currently has a 15 mo. CD special at 1.50% Read More Reviews (1)
The National Grand Bank of Marblehead The National Grand Bank Of Marblehea Branch	3.50%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 0.05% → 3.50%
Colorado Federal Savings Bank	3.50%	$5,000	-	Learn More Add Review
Rate History: 3.44% → 3.50% → 4.40% → 3.50%
jp2 \| Jul 1, 2022 not really an onllne bank. compare this interface that gives you no information with that of any other bank (I cannot even confirm the rate). cannot switch in and out of cds or np cds. just not an online b... Read More
Avidia Bank Willows Branch	3.30%	$1,000	-	Learn More
Rate History: 4.86% → 0.50% → 2.50% → 0.50% → 3.30%
sur \| Aug 16, 2019 Deceptive Sales Practices: Huge Penalties What an awakening! Without any clear statement, and nothing at all on its website, Avidia charged us 50% of the CD’s FULL TERM interest, including both paid... Read More Reviews (1)
Newburyport Five Cents Savings Bank Salisbury Branch	3.29%	$2,500	-	Learn More
Rate History: 1.00% → 3.29%
Richard Cushing \| Mar 27, 2019 Still waiting for a call back from Liz over a long standing,annoying account problem Read More Reviews (1)
M.Y. Safra Bank	3.25%	$500	-	Learn More
Rate History: 3.25% → 2.00% → 3.25%
Richard \| Jul 1, 2022 Very easy opening process and wonderful staff. Read More Reviews (6)
Santander Bank, N.A. Braintree Branch	3.25%	$500	-	Learn More
Maggie \| May 11, 2023 They made mistakes twice and would not correct them Read More Reviews (6)
Marblehead Bank Marblehead Bank Branch	3.00%	$500	-	Learn More Add Review
Rate History: 1.00% → 3.51% → 3.00%
HarborOne Bank Sensata Business Center Branch	3.00%	$1,000	-	Learn More
Rate History: 1.00% → 0.50% → 2.00% → 3.00%
Jacob \| Jan 30, 2020 Find branch personnel are genuinely interested in my business. Read More Reviews (2)
Virtualbank, a division of First Horizon Bank	2.94%	$1	-	Learn More Add Review
Warning: Early withdrawal penalty is 1% of principal
Hello VirtualBank? \| Dec 22, 2018 I know VirtualBank has monitored these comments in the past and answered here. This is important because they do not respond to questions submitted through the website. I am trying to find out the pena... Read More
Ally Bank	2.90%	$0	-	Learn More Add Review
Rate History: 3.00% → 2.90%
Rad \| Aug 13, 2023 Been a customer for a couple of years now with interesting checking, been a happy customer. They give you a $10 reimbursement on atm fees per statement cycle. They pay you to leave your money there curre... Read More
Finworth, a division of InsBank	2.27%	$50,000	-	Learn More Add Review
Geoffrey Christopher 1 \| Nov 12, 2023 Finworth looks legit, but their online disclosures and incomplete and you cannot reach them by phone and they don't respond to inquiries. I am moving along and you should too. Read More
JPMorgan Chase Bank, National Association Boston Branch	2.25%	$10,000	-	Learn More
Rate History: 2.00% → 4.25% → 4.00% → 3.50% → 2.25%
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (18)
Charles River Bank Medway High School Branch	2.25%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 2.25%
Wells Fargo Bank, National Association Boston Abbot Downing Trust Office Branch	2.01%	$25,000	-	Learn More
Rate History: 2.50% → 4.50% → 2.50% → 2.00% → 2.01%
Thy King \| Feb 6, 2023 after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More Reviews (7)
Discover Bank	2.00%	$2,500	-	Learn More Add Review
AVOID_ READ_CAREFULLY \| Jan 10, 2024 AVOID at all costs. We read the addendum to the final page of the LENGTHY account agreement mailed to us after completing the online portion. Guess what? It gives this sweet seeming Discover Bank access to... Read More
Millbury National Bank Grafton Branch	1.98%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 5.88% → 1.25% → 1.98%
Bank of Whittier, National Association	1.20%	$1,000	-	Learn More Add Review
Florence Bank Florence Bank Branch	1.00%	$500	-	Learn More Add Review
Walpole Co-operative Bank Walpole Co-Operative Bank Branch	0.95%	$0	-	Learn More Add Review
Rate History: 1.00% → 0.95%
Fidelity Co-operative Bank Paxton Branch	0.75%	$1,000	-	Learn More
Rate History: 1.00% → 0.70% → 0.75%
burtlaman@verizon.net \| Jun 13, 2016 I'm interested in your special sav send info Read More Reviews (1)
Northfield Bank	0.75%	$0	-	Learn More Add Review
Stella \| Apr 30, 2019 No issues. I feel confident using them. Read More
Bay State Savings Bank Grafton Street Branch	0.50%	$5,000	-	Learn More Add Review
Rate History: 1.00% → 0.50%
Dedham Institution for Savings Westwood Branch	0.50%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 0.50%
Mechanics Cooperative Bank Taunton Branch	0.50%	$500	-	Learn More Add Review
Rate History: 1.00% → 0.50%
OneLocal Bank	0.25%	$2,500	-	Learn More Add Review
Seamen's Bank A & P Plaza Branch	0.25%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 0.10% → 0.25%
Institution for Savings in Newburyport and Its Vicinity Newburyport Storey Avenue Office And Branch	0.25%	$500	-	Learn More
Rate History: 1.00% → 0.25%
Karen nicoli \| Jan 23, 2017 2.50 Read More Reviews (1)
Bank of Easton South Easton Branch	0.25%	$2,500	-	Learn More Add Review
Rate History: 1.00% → 0.25%
Axos Bank, a division of Bofi Federal Bank	0.20%	$1,000	-	Learn More Add Review
wertlkgt \| Mar 28, 2022 Vaporware. Was approved to open an account. I logged in on several different browsers with differing rendering codes--each time got nothing but 3 circles running left to right for up to a half hour when I ... Read More
Eagle Bank Eagle Bank Branch	0.20%	$500	-	Learn More Add Review
Rate History: 1.00% → 0.20%
The Bank of Canton Randolph Branch	0.20%	$2,500	-	Learn More Add Review
Rate History: 1.00% → 0.20%
Lee Bank Stockbridge Branch	0.15%	$500	-	Learn More Add Review
Rate History: 1.00% → 0.15%
Athol Savings Bank Barre Branch	0.15%	$500	-	Learn More Add Review
Rate History: 1.00% → 0.15%
OneUnited Bank Grove Hall Branch	0.10%	$1,000	-	Learn More Add Review
Westfield Bank Agawam Branch	0.10%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 0.10%
Country Bank for Savings Brimfield Branch	0.10%	$500	-	Learn More Add Review
Rate History: 1.00% → 0.10%
Clinton Savings Bank Sterling Branch	0.10%	$10	-	Learn More Add Review
Rate History: 1.00% → 0.10%
Haverhill Bank West Main Street Branch	0.10%	$500	-	Learn More Add Review
Rate History: 1.00% → 0.10%
The Cape Cod Five Cents Savings Bank Falmouth Branch	0.08%	$1,000	-	Learn More
Rate History: 1.00% → 0.08%
John Darretta \| Nov 13, 2019 My favorite bank in South Dennis MA. There are always sufficient enough staff so that there is never a long waiting line. And the staff is always pleasant and efficient. Read More Reviews (2)
PeoplesBank Hampden Street Branch	0.05%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 0.05%
Monson Savings Bank Hampden Branch	0.05%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 0.05%
Easthampton Savings Bank Westfield Branch	0.05%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 0.05%
Bank Hometown Athol Branch	0.05%	$1,000	-	Learn More Add Review
Rate History: 1.00% → 0.05%
Washington Savings Bank Washington Savings Bank Branch	0.05%	$500	-	Learn More Add Review
Rate History: 1.00% → 0.15% → 0.05%
Everett Co-operative Bank Everett Co-Operative Bank Branch	0.05%	$500	-	Learn More Add Review
Rate History: 1.00% → 0.05%
North Easton Savings Bank Mansfield Branch	0.05%	$500	-	Learn More
CS \| Sep 3, 2020 Went in to open accounts in Middleboro foy my husband and myself as well as one for my grandson. Without being invited into an office I was asked from across the room if I was opening accounts for the chi... Read More Reviews (2)
Citibank, National Association Harvard Square Financial Center Branch	0.05%	$0	-	Learn More
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (11)
U.S. Bank National Association	0.05%	$500	-	Learn More
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (2)
PNC Bank, National Association	0.03%	$25,000	-	Learn More
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around zip 10116

Branch	Street	City	State
Leader Bank, National Association Central Square Branch	675 Massachusetts Avenue	Cambridge	MA
Middlesex Federal Savings, F.A. Middlesex Federal Savings, F.A. - Teele Square Branch	1196 Broadway	Somerville	MA
Needham Bank Medfield Branch	520 Main Street	Medfield	MA
Beal Bank USA Boston Branch	161 Linden Street, Ssuite 105	Wellesley	MA
Winchester Co-operative Bank Winchester Co-Operative Bank Branch	19 Church Street	Winchester	MA
Bristol County Savings Bank East Freetown Branch	One Chace Road	East Freetown	MA
Greenfield Savings Bank Conway Branch	Parsons Road And Route 116	Conway	MA
The Village Bank Waban Branch	89 Wyman Street	Waban	MA
The National Grand Bank of Marblehead The National Grand Bank Of Marblehea Branch	91 Pleasant Street	Marblehead	MA
Avidia Bank Willows Branch	One Lyman Street	Westborough	MA
Newburyport Five Cents Savings Bank Salisbury Branch	Merrill Street And Route 110	Salisbury	MA
Santander Bank, N.A. Braintree Branch	30 Forbes Road	Braintree	MA
Marblehead Bank Marblehead Bank Branch	21 Atlantic Avenue	Marblehead	MA
HarborOne Bank Sensata Business Center Branch	529 Pleasant Street	Attleboro	MA
JPMorgan Chase Bank, National Association Boston Branch	50 Rowes Wharf, Floor 4	Boston	MA
Charles River Bank Medway High School Branch	88 Summer Street	Medway	MA
Wells Fargo Bank, National Association Boston Abbot Downing Trust Office Branch	200 Berkeley Street	Boston	MA
Millbury National Bank Grafton Branch	43 Main Street	South Grafton	MA
Florence Bank Florence Bank Branch	85 Main Street	Florence	MA
Walpole Co-operative Bank Walpole Co-Operative Bank Branch	982 Main Street	Walpole	MA
Fidelity Co-operative Bank Paxton Branch	713 Pleasant Street	Paxton	MA
Bay State Savings Bank Grafton Street Branch	799 Grafton Streeet	Worcester	MA
Dedham Institution for Savings Westwood Branch	673 High Street	Westwood	MA
Mechanics Cooperative Bank Taunton Branch	75 County Street	Taunton	MA
Seamen's Bank A & P Plaza Branch	56 Shank Painter Road	Provincetown	MA
Institution for Savings in Newburyport and Its Vicinity Newburyport Storey Avenue Office And Branch	Storey Avenue And Woodmen Way	Newburyport	MA
Bank of Easton South Easton Branch	12 Robert Drive	South Easton	MA
Eagle Bank Eagle Bank Branch	471 Salem Street	Medford	MA
The Bank of Canton Randolph Branch	67 North Main Street	Randolph	MA
Lee Bank Stockbridge Branch	Elm Street	Stockbridge	MA
Athol Savings Bank Barre Branch	560 Summer Street	Barre	MA
OneUnited Bank Grove Hall Branch	648 Warren Street	Dorchester	MA
Westfield Bank Agawam Branch	655 Main Street	Agawam	MA
Country Bank for Savings Brimfield Branch	9 Main Street (South Side)	Brimfield	MA
Clinton Savings Bank Sterling Branch	One Main Street	Sterling	MA
Haverhill Bank West Main Street Branch	6 Main Street	Merrimac	MA
The Cape Cod Five Cents Savings Bank Falmouth Branch	668 Main Street	Falmouth	MA
PeoplesBank Hampden Street Branch	825 Hampden Street	Holyoke	MA
Monson Savings Bank Hampden Branch	15 Somers Road	Hampden	MA
Bankesb Westfield Branch	85 Broad Street	Westfield	MA
Bankhometown Athol Branch	90 Exchange St	Athol	MA
Washington Savings Bank Washington Savings Bank Branch	30 Middlesex Street	Lowell	MA
Everett Co-operative Bank Everett Co-Operative Bank Branch	419 Broadway	Everett	MA
North Easton Savings Bank Mansfield Branch	71 Copeland Drive	Mansfield	MA
Citibank, National Association Harvard Square Financial Center Branch	One Brattle Street	Cambridge	MA

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PRODUCT INFORMATION

3 Month Branch Certificates of Deposit 2025

3 Month Certificates of Deposit offered by local banks are often the shortest term offered. Three month certificates of deposit rates underperform the returns on savings and money market accounts and have for some time. As a result, savers may find savings and money market accounts to offer a higher yield and more flexibility than a three year CD.

Any certificate of deposit will bear substantial penalties for early withdrawal, if it is even allowed. As a result of the penalty, depositors who might need to withdraw from short term CDs early will ordinary lose some of their principal. Under no circumstances should depositors open a 3 month CD if they think that there is any chance that they will need to access the money in less than 3 months.

While online banks often offer better rates on short term CDs, local banks are provide the convenience of walking into a branch to open a CD, deposit funds, or withdraw the CD when it matures. In addition, a CD is often an entree into a broader relationship with a financial institution which may become important if the depositor wishes to borrow money.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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Massachusetts CD Rates – 3-Month

Branches Info around zip 10116

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3 Month Branch Certificates of Deposit 2025

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