Certificates of Deposit

• A variety of terms available ranging from 3 Months to 60 Months
  
• Minimum balance to open is $500
  
• No monthly service charge
  
• Guaranteed interest rate for the term of the certificate
  
• Interest is posted monthly
  
• Posted interest can be withdrawn at any time
  
• Funds may be added at maturity
  
• Fully insured by the FDIC and the SIF
  
• There is a penalty for early withdrawal of principal
  
• Click here to review rates
  
• Click here to request additional information to open a Certificate of Deposit

Individual Retirement Accounts (IRA)
To help you prepare for retirement CHELSEA BANK offers a variety of IRA plans such as Traditional IRAs, Roth IRAs and Educational IRAs. Please contact a Customer Service Representative or your tax advisor to determine which plan best suits your financial needs. To support your investment strategy we accept IRA rollovers and transfers.

Our IRA plans feature:

• A variety of CD terms ranging from 3 months to 60 months
  o Funds may be added at maturity
  o Guaranteed interest rate for the term
• For scheduled payments a Money Market IRA or Savings Account IRA are available
  
• All IRAs are fully insured by the FDIC and SIF
  
• Click here to review rates
  
• Click here to request information to open an IRA.

To best serve our customers, CHELSEA BANK will only accept deposits from those residing or working in the market area contiguous to our office location.

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CHELSEA BANK
360 Broadway, PO Box 505687, Chelsea, MA 02150-5687
Phone: 617-884-5600 Fax: 617-884-2590
eMail: info@cpcbank.com