Investments

Money Market Account
If you want to earn more competitive interest and have direct access to your money our Money Market Account is a great fit for you. You'll have the convenience of writing six third party checks per month and making unlimited deposits and withdrawals in person at either of our branch offices.

The minimum balance requirement to earn our highest Money Market Account rate is $2500. Interest is compounded and credited monthly. Balances that fall below the $2500 minimum earn our current NOW Checking Account rate. Should your balance fall below $500, your account will be charged a $5.00 monthly service fee.

Certificates of Deposit
Certificates of Deposit earn our highest fixed interest rates over a specified period of time. Certificates are available for a variety of terms ranging from 3 months to 5 years. Interest is credited to your account monthly and is paid out at maturity. Rates will vary in response to a changing economy, but once the CD is purchased, you lock in the rate for the full term of the deposit. The minimum deposit will vary depending upon the CD term.

There is a substantial interest penalty if any funds are withdrawn prior to the maturity date. Please contact us for current rates and information.

Individual Retirement Account
Whatever your retirement goals or current financial picture, we can help you build a fund for your future (that is tax-deferred now).

Our IRA investment options are flexible and are available in terms tailored to your investment preferences. We currently offer three IRA investment vehicles – a 12 month variable rate CD, and 18 month fixed rate CD and a 4 to 6 year fixed rate CD – each requiring a minimum of $500 to open. And as with all our regular CDs, your IRA investment is fully insured by FDIC and SIF.

And if you already have funds at another institution or in a company retirement plan, we will be more than happy to assist you in transferring these funds to Bank of Easton.

Our Customer Service Representatives are happy to discuss the advantages and tax benefits of starting a Roth IRA or Education IRA with you.

All Deposits Insured in Full
At Bank of Easton, every deposit is insured in full. Federal Deposit Insurance Corporation (FDIC)deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013. All deposits above the FDIC limits are insured in full by the Share Insurance Fund (SIF) of Massachusetts.No one provides better deposit protection! 

Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a noninterest bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 to December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositor’s under the FDIC’s general deposit insurance rules.

The term "noninterest bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov