Quaint Oak Bank has lowered its rate on 36 month CDs. It is now paying just 2.00% APY on its 36 month CDs.
The same rate is being offered by two other banks – NOVA Bank and Danversbank.
Another rate that Quaint Oak Bank has reduced is on its 60 month CDs. It is now offering 2.75% APY on certificates of deposit for this term.