Lily Jean Fund
BankGloucester is proud to be a trusted partner to collect funds for the FV Lily Jean Fund. Working with Cape Ann Savings Bank and the Gloucester Fishing Community Preservation Fund, all BankGloucester locations are accepting contributions benefiting the families of the F/V Lily Jean.
Click here to donate online. | Watch our video message.
Certificates of Deposit (CDs) offer a higher rate of interest than regular savings accounts. BankGloucester offers competitive rates. If you are seeking a safe and secure way to earn interest on your money, a CD may be the right choice for you.
Rates Effective: February 23, 2026
| Term | Minimum Deposit to Open Account | Minimum Balance to Earn APY* | Interest Rate | APY* | Compounding Frequency |
|---|---|---|---|---|---|
| 6 Months | $2,500.00 | ||||
| $2,500 – $49,999.99 | 3.60% | 3.60% | Simple | ||
| $50,000.00 and over | 3.60% | 3.60% | Simple | ||
| 9 Months | $500.00 | ||||
| $500.00 – $99,999.99 | 3.40% | 3.50% | Monthly | ||
| $100,000.00 and over | 3.40% | 3.50% | Monthly | ||
| 12 Months | $500.00 | ||||
| $500.00 – $99,999.99 | 3.40% | 3.50% | Monthly | ||
| $100,000.00 and over | 3.40% | 3.50% | Monthly | ||
| 24 Months | $500.00 | ||||
| $500.00 – $99,999.99 | 3.16% | 3.25% | Monthly | ||
| $100,000.00 and over | 3.16% | 3.25% | Monthly | ||
| 36 Months | $500.00 | ||||
| $500.00 – $99,999.99 | 2.68% | 2.75% | Monthly | ||
| $100,000.00 and over | 2.68% | 2.75% | Monthly | ||
Fees could reduce earnings. On Certificate Accounts, a fee may be imposed for early withdrawal. Penalty calculation formula: [withdrawal amount x (annual interest rate/12) x number of months interest] |
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