What are the current interest rates at The Berkshire Bank?

Current rates for The Berkshire Bank include: 12-Month CD: 2.38%, 18-Month CD: 1.26%, 24-Month CD: 1.26%, 36-Month CD: 1.01%, Savings: 0.50%, MMA: 0.50%

The Berkshire Bank Rates and Review January 2026

Q: How many branches does The Berkshire Bank operate?

The Berkshire Bank currently maintains approximately 8 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, The Berkshire Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, The Berkshire Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

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The Berkshire Bank Deposit Rates

The Berkshire Bank's 9-Month CD rates are at 2.38%, 12-Month CD rates are at 2.38%, 24-Month CD rates are at 1.26%, 18-Month CD rates are at 1.26%, 36-Month CD rates are at 1.01%. The Berkshire Bank's savings rates are at 0.50%. The Berkshire Bank's money market rates are at 0.50%.

The Berkshire Bank

To see how these rates compare to The Berkshire Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from The Berkshire Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with The Berkshire Bank CD rates. You can also compare The Berkshire Bank savings rates, MMA rates and mortgage rates using our other rate lists.

The Berkshire Bank money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at The Berkshire Bank? Share your experience about The Berkshire Bank by leaving a review below, or read customer reviews before you decide to use The Berkshire Bank.

Financial Stability and Texas Ratio

The Berkshire Bank's Texas Ratio is at 2.35%, which is considered excellent. The Texas Ratio for The Berkshire Bank is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, The Berkshire Bank is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Current Interest Rates

Rate

APY/APR

vs Avg

12-Month CD

2.38%

2.37%

18-Month CD

1.26%

2.15%

24-Month CD

1.26%

2.17%

36-Month CD

1.01%

2.12%

48-Month CD

N/A

2.11%

60-Month CD

N/A

2.23%

Savings

0.50%

0.60%

MMA

0.50%

0.76%

30-Year Fixed

N/A

6.09%

Credit Card

N/A

14.10%

Personal Loan

N/A

11.27%

"N/A" indicates the product is not offered or the rate is unavailable.

The Berkshire Bank

4 E 39th St
New York, NY 10016

https://www.berkbank.com

MonitorBankRates' Rating

5/5

★★★★★

Review The Berkshire Bank

The Berkshire Bank CD Rates and Interest Rates

The Berkshire Bank

12-Month CD

2.38%

$10,000

The Berkshire Bank

9-Month CD

2.38%

$10,000

The Berkshire Bank

24-Month CD

1.26%

$10,000

The Berkshire Bank

18-Month CD

1.26%

$10,000

The Berkshire Bank

36-Month CD

1.01%

$10,000

The Berkshire Bank

Statement Super Savings

0.50%

$15,000

The Berkshire Bank

Gold Money Market

0.50%

$2,500

Disclaimer

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Compare The Berkshire Bank Rates with Other Competitive Bank and Credit Union Rates

Communitywide Federal Credit Union

24-Month CD

3.75%

$1,000

University Federal Credit Union

48-Month CD

3.70%

$1,000

Riverland Bank

6-Month CD

3.53%

$1,000

Central State Bank State Center, IA

18-Month CD

3.43%

$1,500

First Southwest Bank

24-Month CD

3.40%

$1,000

The Citizens Bank of Weston

36-Month CD

3.40%

$500

State Bank Spirit Lake, IA

9-Month CD

3.31%

$1,000

The Seymour Bank

24-Month CD

3.29%

$1,000

1st Bergen Federal Credit Union

60-Month CD

3.29%

$250

TSB Bank

36-Month CD

3.25%

$500

Community Bank of Trenton

60-Month CD

3.00%

$500

MountainOne Bank

6-Month CD

3.00%

$1,000

Neffs National Bank

18-Month CD

3.00%

$1,000

F&M State Bank Winterset, IA

18-Month CD (Jumbo)

2.76%

$100,000

Bank of Zachary

36-Month CD

2.30%

$2,500

Institution for Savings

60-Month CD

2.25%

$500

Union Federal S&L

60-Month CD

2.25%

$200

First Federal Bank Littlefield, Texas

24-Month CD

2.07%

$1,000

Timberland Bank

48-Month CD

2.02%

$500

Geddes Federal S&L

36-Month CD

1.86%

$500

Kentucky Farmers Bank

24-Month CD

1.75%

$1,000

Perryton National Bank

Money Market

1.51%

$2,500

FourLeaf Federal Credit Union

6-Month CD

1.50%

$50

Enterprise Bank Omaha, NE

36-Month CD

1.50%

$500

Highland Bank

36-Month CD

1.25%

$1,000

The Fountain Trust Company

Fountain Fund Money Market

1.25%

$2,500

Chelsea State Bank (CSB)

Combined Money Market

1.11%

$25,000

Eureka Savings Bank

12-Month CD

1.11%

$1,000

FirstOak Bank

60-Month CD

1.06%

$500

Continental Bank

12-Month CD

0.75%

$25,000

Rondout Savings Bank

48-Month CD

0.65%

$500

Community Bank Topeka, KS

48-Month CD

0.60%

$1,000

Falcon National Bank

Kasasa Checking

0.50%

$25,000

Farmers State Bank Waterloo, IA

60-Month CD

0.50%

$5,000

ESB Bank

Money Market

0.50%

C&SB of Millersburg, Ohio

Business Platinum Savings

0.45%

5Star Bank

Money Market

0.40%

$1,000

Bank of Elgin

Pass Book Savings

0.40%

Investment Savings Bank

24-Month CD

0.40%

$500

Farmers State Bank Wathena, KS

12-Month CD

0.35%

$500

Clinton Bank

Money Market

0.20%

$2,500

Community Bank of Elmhurst

60-Month CD

0.20%

$500

Warren-Boynton State Bank

Passbook Savings

0.20%

$100

Eastern Bank

18-Month CD (Business Select)

0.20%

$500

Stock Exchange Bank, Caldwell, KS

Regular Passbook Savings

0.13%

$100

Milford Bank

12-Month CD

0.10%

$1,000

Pennsville National Bank

9-Month CD

0.10%

$500

Huntington FSB

Paymaster Checking

0.05%

$100

Haverhill Bank

Savings

0.05%

$10

Citizens Savings Bank Bogalusa, LA

Checking

0.01%

$500

Disclaimer

Mortgage Rate Comparison

Lender

Product

Rate

APR

Points

Old National Bank

30-Year Fixed FHA

5.875%

7.902%

0.000

Smart Financial Credit Union

3/1 ARM

4.240%

7.689%

0.000

Smart Financial Credit Union

3/1 ARM (Jumbo)

4.240%

7.689%

0.000

Grow Financial Federal Credit Union

5/1 ARM

5.750%

7.634%

0.000

Smart Financial Credit Union

5/1 ARM

4.740%

7.533%

0.000

Smart Financial Credit Union

5/1 ARM (Jumbo)

4.740%

7.533%

0.000

Great Lakes Credit Union

20 Year Fixed

7.125%

7.527%

0.000

Lake Shore Savings Bank

30-Year Fixed

7.250%

7.402%

0.000

Grow Financial Federal Credit Union

10/1 ARM

6.250%

7.325%

0.000

Kohler Credit Union

10/1 ARM

6.250%

7.325%

0.000

Laredo Federal Credit Union

20 Year Fixed

6.999%

7.235%

0.000

State Employees Credit Union

15 Year Fixed

7.000%

7.168%

0.000

FirstBank of Nebraska

30-Year Fixed

7.125%

7.126%

0.000

Marathon Bank

7/1 ARM

7.000%

7.111%

0.000

Lake Shore Savings Bank

20-Year Fixed

6.800%

6.993%

0.000

Hoosier Hills Credit Union

30 Year Fixed

6.750%

6.880%

0.000

Marathon Bank

5/1 ARM

6.750%

6.859%

0.000

American Bank

30-Year Fixed Jumbo

6.750%

6.825%

0.000

Fidelity Co-operative Bank

30-Year Fixed Jumbo

6.625%

6.809%

0.000

Kennebec Savings Bank

30-Year Fixed

6.750%

0.000

Alpena-Alcona Area Credit Union

30-Year Fixed

6.500%

6.748%

0.000

People First Federal Credit Union

10/1 ARM (Jumbo)

6.740%

6.723%

0.000

Pittsfield Co-operative Bank

7/1 ARM

6.750%

6.697%

0.000

Great Lakes Credit Union

30 Year Fixed

6.375%

6.670%

0.000

Laredo Federal Credit Union

15 Year Fixed

6.375%

6.662%

0.000

Port Washington State Bank

3/1 ARM

6.500%

6.648%

0.000

Port Washington State Bank

5/1 ARM

6.500%

6.630%

0.000

Missouri Credit Union

20 Year Fixed

6.500%

6.628%

0.000

FirstBank of Nebraska

15-Year Fixed

6.625%

6.627%

0.000

FirstBank of Nebraska

20-Year Fixed

6.625%

6.626%

0.000

Missouri Credit Union

30 Year Fixed

6.500%

6.597%

0.000

Penn East Federal Credit Union

10/6 ARM

6.525%

6.595%

0.000

Seaboard Federal Credit Union

30-Year Fixed

6.500%

6.595%

0.000

Pittsfield Co-operative Bank

10/1 ARM

6.500%

6.582%

0.000

Achieva Credit Union

5/1 ARM

5.250%

6.580%

0.000

Auburn Savings Bank

30-Year Fixed

6.500%

6.559%

0.000

Fidelity Co-operative Bank

30-Year Fixed

6.375%

6.556%

0.000

Truliant Federal Credit Union

30-Year Fixed Jumbo

6.500%

6.553%

0.000

Penn Community Bank

5/1 ARM (Jumbo)

6.500%

6.546%

0.000

Penn Community Bank

30-Year Fixed (Jumbo)

6.500%

6.546%

0.000

Mid American Credit Union

30 Year Fixed

6.375%

6.544%

0.000

Laredo Federal Credit Union

10 Year Fixed

6.125%

6.526%

0.000

GreenLeaf Bank

30-Year Fixed

6.500%

6.512%

0.000

Fox Valley Savings Bank

30-Year Fixed

6.375%

6.504%

0.000

Kennebec Savings Bank

15-Year Fixed

6.500%

0.000

Pittsfield Co-operative Bank

30-Year Fixed

6.375%

6.498%

0.000

Penn East Federal Credit Union

5/6 ARM

6.300%

6.498%

0.000

NASA Federal Credit Union

15-Year Fixed Jumbo

6.250%

6.481%

0.000

Northfield Savings Bank

5/1 ARM

5.625%

6.461%

0.000

FirstBank of Nebraska

10/1 ARM

6.375%

6.460%

0.000

View 50 More

Bank Profile & Overview

The Berkshire Bank

4 E 39th St
New York, NY 10016
New York
Established Date: 05/08/1989
FDIC Certificate #: 27503
Date of FDIC Deposit Insurance: 05/08/1989

Bank Holding Company: BERKSHIRE BCORP INC

How Many Domestic U.S. Offices? 8

How Many Branches are There? 8

Website: https://www.berkbank.com

Is The Berkshire Bank FDIC Insured? Yes

What is The Berkshire Bank's Cert number? 27503

What is the maximum amount for insured deposits? $250,000 per holder, per account

Financial Health & Assets

Total Assets:

$603,178,000

Total Deposits:

$472,033,000

Equity Capital:

$125,233,000

Net Income:

$982,000

Return on Assets (ROA):

0.4742%

Return on Equity (ROE):

2.3900%

Headquarters:

New York

Regulator:

FDIC

# of Offices:

Source: FDIC | Last Updated 03/31/2024

Customer Reviews

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Total Reviews

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Frequently Asked Questions About The Berkshire Bank

Is The Berkshire Bank a safe place to deposit money?

Yes, The Berkshire Bank is considered a safe financial institution. With a Texas Ratio of 2.35%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does The Berkshire Bank operate?

The Berkshire Bank currently maintains approximately 8 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, The Berkshire Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, The Berkshire Bank provides members with tools to manage their accounts and build a solid financial history.

Does The Berkshire Bank offer online and mobile banking?

Most modern institutions like The Berkshire Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.berkbank.com.