CD Rates at Bay Bank Federal Savings Bank

CD rates at Bay Bank Federal Savings Bank are very competitive right now. Bay Bank is located in Lutherville, Maryland, is offering several different types of certificates of deposit including the bank's regular CDs, Premier CDs and Advantage 1 Premier CDs. 



Bay Bank's regular CD accounts has a minimum opening deposit of $1,000. Premier CD accounts and Advantage 1 Premier CD accounts have a minimum opening deposit of $10,000.

The bank’s best CD rates are on their regular 60 month CDs. 5 year bank CD rates are currently at 2.00% with bank CD yields at 2.02%. Advantage 1 Premier 5 year CD rates are slightly lower at 1.85% with a yield of 1.86%.

Bay Bank Regular CD Rates

3 Month 0.60% 0.60%
6 Month 0.80% 0.80%
12 Month 1.00% 1.00%
18 Month 1.20% 1.21%
24 Month 1.40% 1.40%
36 Month 1.65% 1.66%
48 Month 1.80% 1.82%
60 Month 2.00% 2.02%

Bay Bank Premier CD Rates

3 Month 0.30% 0.30%
6 Month 0.60% 0.60%
9 Month 0.80% 0.80%
12 Month 1.05% 1.05%

Bay Bank Advantage 1 Premier CD Rates

9 Month 0.70% 0.70%
18 Month 1.00% 1.00%
24 Month 1.15% 1.16%
36 Month 1.40% 1.41%
48 Month 1.65% 1.66%
60 Month 1.85% 1.86%

Bay Bank advertises several other financial products including savings account rates and money market account rates. Current savings rates have a 0% rate and yield. Money market account rates are slightly higher at 0.25% for account balances of $50,000 or more.

Bay Bank, FSB, was chartered as a federal savings bank in July 2010 and is a wholly owned subsidiary of Jefferson Bancorp, Inc. The bank has locations in Lutherville and Salisbury, MD. Certificates of deposit accounts are insured by the FDIC. The bank’s FDIC Cert number is 59004.

You can also compare CD rates, savings rates and current mortgage rates by using rate tables on MonitorBankRates.com