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New York Bank Adding Fees to their Deposits

August 7th, 2011 1 Comment   Posted in Banking News

Care for a little salt on that wound?

One bank in New York is now adding fees to their deposit products (which already come with record low interest rates). The Bank of New York Melon Corp. said late last week that they will begin adding fees to customers who hold over $50 million in deposits with them.

So ok – at least they aren’t nickel and diming regular consumers looking to snag bank Read more…

Best 6-month CD Rates in New York (Top 3)

April 30th, 2011 No Comments   Posted in Best CD Rates

Anyone living in New York that happens to be in the market for a short term bank CD may want to stop by one of these 3 local institutions mentioned below. We were forwarded these attractive 6 month CD rates this week and they feature APY’s that significantly thump the current national average for six month terms.

Top 3 6-Month CD Rates in New York:

(Like all bank rates, the APY’s we’ve mentioned Read more…

Best CD Rates in 2011 – Top 10

April 23rd, 2011 1 Comment   Posted in Best CD Rates

Update: Review our list of the top CD rates in 2012.

CD rates in 2011 have undoubtedly left FDIC-insured investment seekers cranky. And just to make savers a little more frustrated we’ve seen CD rates throughout the country show tiny glimmers of hope as they bounce off of their all-time lows only to return to those levels the following week.

The current national averages for 6 month CDs, 12 month CDs and 3 Read more…

Capital One Bank CD Rates in NY (New York)

April 7th, 2011 No Comments   Posted in bank CD rates

In keeping with our coverage of CD rates offered by the largest banking institutions in the US, we uncovered some pretty horrendous deposit rates offered by Capital One in their NY branches. Whether you live in NY or not, you’ll likely find similar rates from Capital One across the country as their rates are consistently low. Despite the fact that they are offering CD rates significantly under today’s national average(s), they Read more…

Metropolitan National Bank CD Rates and Review(s)

February 22nd, 2011 No Comments   Posted in bank CD rates, Bank Reviews

If you’re looking to take advantage of a solid CD rate (“solid” being a relative term) you may want to check out Metropolitan National Bank’s 1 year CD rates. Currently they offer the highest yielding certificate of deposit for 12 month terms from online banks. You can open a personal CD account online or if you happen to live in New York City you can open a deposit account by stopping Read more…