CDs

With a CD from Melrose Cooperative Bank, you can lock in a specific interest rate for a fixed period of time, no matter what the financial markets do. View Interest Rates.

You can leave your money on deposit for a few months or a few years*, and your initial investment can be as little as $500.

Calculate your return

You can use this website to calculate how much your CD will have earned by the end of its term. Go to Interest Rates and scroll down to Certificate of Deposit Calculator.

*There can be a substantial penalty for early withdrawal.

All deposits at Melrose Cooperative Bank are insured in full.

The Federal Deposit Insurance Corporation (FDIC) insures each depositor to at least $250,000. All deposits above this amount are insured by the Share Insurance Fund of Massachusetts (SIF).

Interest Rates
View the latest competitive interest rates from Melrose Cooperative Bank

Your Main Street Bank
For more information about our product & services, complete our information request form, visit our office, or give us a call toll free at (866) 665-2500.