3 YEAR STEP-UP CD - 1.10% APY**
Open a 3 Year Step-Up CD*** with the option to increase your rate once during the term.
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**Annual Percentage Yield (APY) is effective as of 1/1/20 and subject to change. APY is available for balances not already on deposit at Wakefield Co-operative Bank only. Minimum deposit to open and obtain APY is $10,000. Fees or interest withdrawals could reduce earnings and penalty may be assessed for early withdrawal. Certain restrictions may apply. Offer may be withdrawn at any time. This special may not be combined with any other offers.
***One time rate increase allowed anytime during the three year CD term, at customer's request. The new step-up rate will be equal to the current 3 Year (36 month) CD rate being offered at the time of customer's request. The new rate will apply only for the remaining term of the CD until maturity.