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

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…

Top 12 month CD rates in New York smash national average!

We were forwarded a pretty sweet 12 month CD rate over the weekend by New York state resident Neil F. Currently if you are eligible to join American Airlines Federal Credit Union you can take advantage of a 12 month CD yielding a whopping 1.91% APY with a $10,000 minimum deposit (1.81% APY with a $1,000 deposit)! To put this offer in perspective the current national average for bank CDs (certificate Read more…

Highest yielding money market account rates in New York

Below are the best money market account rates we have found serving residents in the state of New York. After digging through a number of rate pages of local banks and credit unions we have found that national banks are able to provide more competitive interest rates the local New York banks.

We had a pretty substantial debate on BankVibe last month on whether or not local banks and credit unions offered better products than the large national banks and concluded Read more…

Best 6 month CD rate found at a New York credit union

Thanks to BankVibe reader Stephanie for submitting what seems to be the highest yielding 6 month CD rate around. Unfortunately only a lucky few can actually take advantage of this product.

SeaComm Federal Credit Union out of New York is the one offering the lucrative rate. And as of today, their six month CD yields an interest rate of 2.82% APY. This currently smashes the national average by more than twice the rate (national average hovers around 1.30% APY).

They also have Read more…

Best certificate of deposit rates in New York

Below are the top 3 CD rates available to residents in New York (including all of New York City). The highest yielding certificate of deposit rates come in the form of 24 month CD’s, 36 month CD’s, and 60 month CD’s. As you are probably already aware of, the highest rates generally come from the longer maturities (ie a 12 month CD is going to yield a lower rate than a 5 year CD). Therefor, the rates I listed are Read more…