Compare the Best Local Rates

Top Bank Rates in New York: First Week of May 2011

Whether you’re interested in a savings account or certificate of deposit, you won’t really see the fully potential of your money unless you’re earning the best interest rate possible. Bank rates in New York vary from low to high depending on the financial institution and type of account, so it’s important to research current offers on a regular basis.

Below, you can see a list of the very best New York bank rates across several types of deposit accounts:

Best Savings Account Rates

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

Highest 2-Year CD Rates

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

Top 12-Month CD Rates

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

Best 6-Month CD Rates

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

NOTE: These rates are accurate as of 5/4/11 but are subject to change at any time.