Compare the Best Local Rates

Banks in Watertown with the Highest Interest Rates Today

Are you looking for the top bank rates near you? There are currently 41 banks in Watertown today that supply rates data to Watertown Banking Rates. Take a look at the average interest rates among these banks across a variety of deposit accounts, as well as a list of banks where you can find the highest rates in the city.

Current Average Deposit Rates at Watertown Banks

The following are the average rates for CD and savings accounts in Watertown so you have a benchmark to compare other offers against.
Average 6-Month CD Rate: 0.49% APY
Average 12-Month CD Rate: 0.75% APY
Average 2-Year CD Rate: 1.13% APY
Average Savings Interest Rate: 0.27% APY

Banks in Watertown with the Highest CD Rates

Below are the banks in and around Watertown with the highest interest rates. Are you currently earning the best possible rates?

6-Month CD

  • Pentucket Bank: 0.9%
  • Institution for Savings: 0.75%
  • Marlborough Savings Bank: 0.75%

12-Month CD

  • Bank of New England: 1.15%
  • Pentucket Bank: 1.05%
  • Marlborough Savings Bank: 1%

24-Month CD

  • Pentucket Bank: 1.61%
  • Dedham Savings Bank: 1.61%
  • Bank of New England: 1.5%

Banks in Watertown, MA with the Highest Savings Interest Rates

  • Institution for Savings: 0.5%
  • Eagle Bank: 0.5%
  • Pentucket Bank: 0.45%

Please note that the above rates are up-to-date as of 7/27/11, but are subject to change at any time in the future. Verify the accuracy of rates with the individual bank before opening an account.