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Talk directly with a branch manager to answer any questions you may have regarding our CD rates and programs.
Current CD Rates
| Product | Interest Rate | Annual Percentage Yield* | Minimum to Open Account | Minimum Daily Balance to Earn APY |
| 6-Month Offer | 3.93% | 4.00% | $500.00 | Bal. $500.00 & More |
| 8-Month** | 4.00% | 4.00% | $500.00 | Bal. $500.00 & More |
| 9-Month*** | 2.75% | 2.75% | $500.00 | Bal. $500.00 & More |
| 1 Year | 2.72% | 2.75% | $500.00 | Bal. $500.00 & More |
| 15 Month | 0.15% | 0.15% | $500.00 | Bal. $500.00 & More |
| 2 Year | 2.72% | 2.75% | $500.00 | Bal. $500.00 & More |
| 3 Year | 2.96% | 3.00% | $500.00 | Bal. $500.00 & More |
| 4 Year | 2.96% | 3.00% | $500.00 | Bal. $500.00 & More |
| 5 Year | 2.96% | 3.00% | $500.00 | Bal. $500.00 & More |
*Annual Percentage Yield (APY) is accurate as of October 1, 2025. All Certificate of Deposits listed are fixed-rate unless otherwise noted. You must maintain a minimum daily balance of $500.00 to earn the advertised APY. Fees or early withdrawal may reduce earnings. Early withdrawal penalties may be imposed. Interest compounds daily and is calculated on a 365-day basis. All deposits are FDIC insured up to $250,000. Additional coverage is provided by DIF for deposits exceeding that amount.
**The 8-Month CD excludes IRAs and can only be opened as a CD product. Maximum deposit of $500,000.00 when opened online. Renews to a standard 9-month term at maturity.
***9-Month CD excludes IRAs and can only be opened as a CD product. Maximum deposit of $500,000.00 when opened online. Renews to a standard 6-month term at maturity.
Rates are current as of 10/01/2025.
The RCB DIFference
Reading Cooperative Bank offers 100% deposit insurance to all customers through both FDIC and DIF. That means we don't take chances with your hard-earned money.
At RCB, you have a voice—and you matter. Our bank isn't owned by stockholders. It's owned by customers who have their money here. So you, our employees, and the community always have a say in how things are run. We don't have to answer to outsiders who don't understand what the people and business owners of Massachusetts need. We only answer to you.
The bank's focus on inclusivity is evident in its support for underbanked and unbanked individuals, small businesses, and entrepreneurs, offering low-cost checking and savings accounts and financial education programs.
Still have questions? We have answers.
A Certificate of Deposit (CD) is a type of savings account with a fixed term and a higher interest rate.
CDs offer the advantage of a higher, more predictable interest rate compared to regular savings accounts.
CD interest rates are determined by factors such as market interest rates and the length of the CD term. Typically, longer terms and higher deposit amounts may offer higher interest rates.
At RCB, your deposit is 100% insured with a combination of FDIC and DIF insurance.