Certificates of Deposit (CDs)

Safe, secure savings with fixed rates.

Our Certificate of Deposit options deliver competitive rates and terms to help meet your longer-term savings goals, and plan for and manage your retirement finances. Ranging from 3 months to 5 years, they provide a safe, low cost vehicle to help your money grow.

We also offer a selection of CD Specials with higher interest rates in a variety of terms that can be opened online.1

CD Special Rates & Terms

The following CD Special rates are in effect as of April 11, 2024. Rates are subject to change without notice. For all of our current CD rates, visit your nearest Brookline Bank location or call 877-668-2265.

ACCOUNT TYPEANNUAL PERCENTAGE YIELD (APY)1RATEMINIMUM DEPOSIT TO OPEN OR EARN APY
6 Month CD/IRA CD Special4.750%4.650%$5,000
9 Month CD/IRA CD Special5.000%4.889%$5,000
13 Month CD/IRA CD Special5.000%4.889%$5,000
24 Month CD/IRA CD Special4.250%4.169%$5,000

1IRA CDs and business CDs cannot be opened online and must be opened in-branch. CD Special rates must be requested when a CD is opened or renewed in-branch.  There is a substantial penalty for early withdrawal from a certificate account. Fees could reduce earnings on accounts. Refer to account Disclosures for more information about these accounts. Please note that CDs cannot be renewed online, however they can be renewed by calling our Customer Service Center at 877-668-2265, through secure conversations in Online & Mobile Banking, or by visiting your nearest Brookline Bank location.

Building a CD Ladder for Return and Liquidity

Spreading deposits over multiple CDs with short-, medium-, and long-term maturities provides greater liquidity than a single long-term CD, while still earning a competitive rate of return. Once established, “laddering” has your CDs maturing regularly for immediate use or for re-investing into potentially higher-yielding, longer-term CDs. For more information, speak to a Brookline Bank representative.

Benefits of a Brookline Bank CD

You can use your CD balances to help offset your PREMIERACCESS or ACCESSPLUS Checking monthly maintenance fee, and add your CDs to your checking statement for easier management.  Plus enjoy the peace of mind that comes from knowing your deposits are insured by the FDIC.