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Certificates of Deposit

The Berkshire Bank has many ways to help your business get ahead—with the security of guaranteed earnings and FDIC insured accounts. Earn competitive interest rates by selecting from a choice of maturities with terms tailored from one month to five years. Certificates of Deposit are one of the highest-yielding investments that The Berkshire Bank offers with a guaranteed return.  They are ideal for businesses that are looking for highly competitive rates and don't require liquidity.

• Get the security of Federal Deposit Insurance Corporation insurance
• Choose flexible terms.
• Earn stable, secure returns on your investment.
• Generally the more you invest, the higher the interest rate.
• CDs automatically renew

For full details on all our products and services, please consult our Account Agreement and Disclosures and our Schedule of Fees and Service Charges



Earn More with our 

3.25% APY*
 on a 12 month CD

(3.20% Interest Rate)

                       
                       Click here to view our Terms and Conditions

 Certificates of Deposit

 $1,000 - $9,999.99

 

 $10,000 - $1,499,999

 TERM RATEAPY*   TERM RATE APY*
 1 month 1.73%    1.75%               1 month 1.98%    2.00%  
 2 months 1.73% 1.75%  2 months 1.98%   2.00%
 3 months 1.98% 2.00%  3 months 2.23% 2.25%
 4 months 2.76% 2.80%  4 months 3.00% 3.05%
 6 months 2.23% 2.25%  6 months  2.47% 2.50%
 7 months 2.23% 2.25%  7 months 2.47% 2.50%
 8 months 2.23% 2.25%  8 months 2.47% 2.50%
 9 months 2.23% 2.25%  9 months 2.47% 2.50%
 10 months 2.23% 2.25%  10 months  2.47% 2.50%
 11 months 2.23% 2.25%  11 months    2.47% 2.50%
 12 months 2.96% 2.95%  12 months 3.20% 3.25%
 18 months 1.73% 1.75%  18 months 1.98% 2.00%
 24 months    1.73% 1.75%  24 months 1.98% 2.00%
 36-60 months  1.49% 1.50%  30 months 1.73% 1.75%

              Click here to view our Terms and Conditions


Terms and Conditions

Rates as of April 28th, 2008
All rates are subject to change without prior notice
APY refers to Annual Percentage Yield*
CD's require a $1,000 minimum opening deposit. Interest on CD's is compounded daily and calculated on an actual/365 day basis and paid at maturity.
Early withdrawal, if permitted, will be subject to a substantial penalty.
These offers may be modified or withdrawn at any time.
Fees may reduce earnings on accounts.

For full details on all our products and services, please consult our Account Agreement and Disclosures and our Schedule of Fees and Service Charges

FDIC Insured
FDIC Insured
 
Equal Housing Lender