Danversbank
Danversbank is a mid-sized bank headquartered in Danvers, MA. The bank operates 18 branches in 1 state (Massachusetts). Danversbank has deposits of $1.4 billion, and was established in March 1850.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: Danversbank CD, Danversbank IRA CD, CD Special, IRA MMA, Index MMA, Standard MMA and Free Rewards Checking.
Current Danversbank Rates
| Name | Term | APY | Min Deposit | |
| Danversbank CD | 3 months | 0.50 % | $1 | |
| 6 months | 0.75 % | $1 | ||
| 1 year | 1.00 % | $1 | ||
| 18 months | 1.50 % | $1 | ||
| 30 months | 2.00 % | $1 | ||
| 3 years | 2.50 % | $1 | ||
| 5 years | 2.75 % | $1 | ||
| Danversbank IRA CD | 3 months | 0.50 % | $1 | |
| 6 months | 0.75 % | $1 | ||
| 1 year | 1.00 % | $1 | ||
| 18 months | 1.50 % | $1 | ||
| 30 months | 2.00 % | $1 | ||
| 3 years | 2.50 % | $1 | ||
| 5 years | 2.75 % | $1 | ||
| CD Special | 9 months | 1.25 % | $1 | |
| 1 year | 1.25 % | $1 | ||
| Online CD | 4 months | 1.25 % | $1 |
Bank Information
Danversbank was founded in 1850 with a mission of providing banking services including savings accounts and home mortgage loans to residents in the Town of Danvers.
More than 155 years later, we remain committed to the financial needs of individuals and families, and have expanded that promise to include businesses both large and small in and around the Greater Boston area.
We will continue to provide a safe and positive work environment for our employees, effective financial solutions for our customers, and unparalleled support of the communities in which we do business.
Bank Locations
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Current Top Bank Rates
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| 3 months | TotalBank | 1.40 % |
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| 9 months | Cardinal Bank | 1.51 % |
| 1 year | Doral Bank Direct | 1.90 % |
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| 4 years | Acacia Federal Savings Bank | 3.00 % |
| 5 years | Acacia Federal Savings Bank | 3.30 % |
