New York Banking Rates > CD Rates

New York CD Rates

There is a lot of money that flies around Wall Street and the rest of New York. With fluctuating stock values, finding security and value is a top priority for New York investors. Find high interest New York CD rates and put your money into a sound system. By devoting dollars and cents toward a certificate of deposit and not touching the money, you’ll bank some extra bucks for weekends in the Hamptons and nights in the Big Apple.

CompetitiveNew York money market rates make planning for financial freedom enticing. Use New York Bank Rates to find options for depositing your hard-earned cash and living your Manhattan dream

Current New York CD Rates News

03/09/10

LA wants to quit or alter two bank deals

Many municipalities have used swap deals in recent years to protect themselves from rising interest rates on floating-rate bonds. ...

03/09/10

Baltic Trading's IPO Raises $228 Million in Pricing at Low End

The ships will compete for cargoes in the spot market rather than seeking longer-term deals at fixed- charter rates, according to its filing. ...

Best New York CD Account Rates

Featured Rate		Bank / Credit Union	Account Type
2.05% As of February 8, 2010	View Rate Details	Discover Bank	CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)		Bank / Credit Union	Account Type
3.03% As of January 12, 2010	View Rate Details	Sea Comm Credit Union	CD Account
2.85% As of January 12, 2010	View Rate Details	Sea Comm Credit Union	CD Account
2.82% As of January 12, 2010	View Rate Details	Sea Comm Credit Union	CD Account
2.75% As of October 22, 2009	View Rate Details	Montauk Credit Union	CD Account
2.69% As of February 8, 2010	View Rate Details	Suma Yonkers Credit Union	CD Account

	Rate Change	Date
Municipal Credit Union - 6 Month CD Account	1.00% to 0.75%	Mar 5, 2010
Niagara Falls A F Credit Union - 6 Month CD Account	1.15% to 1.15%	Mar 5, 2010
Olean Teachers' And Postal Credit Union - 12 Month CD Account	1.75% to 1.75%	Mar 5, 2010
Niagara-Wheatfield Credit Union - 12 Month CD Account	1.00% to 0.75%	Mar 5, 2010
Municipal Credit Union - 12 Month CD Account	1.60% to 1.40%	Mar 5, 2010

See All CD Account Rates

Best CD Rates, IRAs and Investments in New York

New York Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

Many local New York credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. New York Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

CD Rates When Interest Rates are Falling in New York, NY

A clear advantage of investing in CD’s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from New York Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.