Compare the Best Local Rates

Best Bank Rates in New York: Second Week of May 2011

When researching interest rates, remember that they can change at any time. Just because a rate is low one day doesn’t mean that bank won’t raise it the next. Consistently checking up on bank rates in New York will ensure you always earn as much as you can on your deposits.

Below is a list of the highest New York bank rates for both CD and savings accounts:

Best 24-Month CD Rates

  • Suma Yonkers Credit Union: 2.02%
  • Lomto Credit Union: 1.85%
  • Self Reliance (Nj) Credit Union: 1.76%

Highest 12-Month CD Rates

  • Suma Yonkers Credit Union: 1.77%
  • Lomto Credit Union: 1.41%
  • Progressive Credit Union: 1.41%

Top 6-Month CD Rates

  • Suma Yonkers Credit Union: 1.51%
  • Lomto Credit Union: 1.15%
  • Eastbank, National Association: 1.01%

Highest Savings Account Rates

  • Merck Employees Federal Credit Union: 1.64%
  • Maspeth Federal Savings: 1.05%
  • Suma Yonkers Credit Union: 1.01%

NOTE: These rates are accurate as of 5/13/11 but are subject to change at any time.