New York Banking Rates

12-Month CD Rate Deal of the Day: Habib American Bank at 0.75% APY

Habib American Bank has been taking care of the financial needs of its customers for nearly three decades. The financial institution offers a number of products and services, including savings accounts, IRA’s and loans.

One product customers can take advantage of from the bank is its certificate of deposit (CD). Currently, Habib is offering a fantastic 12-month CD rate of 0.75% APY. This is a deal interested depositors do not want to pass up.

12-Month CD Rate: Terms and Conditions

Opening a CD account with Habib American Bank is as simple as opening any other deposit account with the bank. To get started, a customer must deposit a minimum of $1,500.

After the account is funded, the deposit amount must be maintained over the duration of the term. If principal funds are withdrawn prematurely, the bank may impose an early withdrawal penalty.

About Habib American Bank

Habib American Bank was incorporated in 1983 as a New York State Chartered Bank. Headquartered in New York, the bank has expanded over the years, now with branches in Queens, New Jersey and Los Angeles, Calif.

The bank’s mission is and always has been the same: to provide a broad range of commercial and personal banking products and services to a diverse community of globally-oriented customers.

Habib American Bank ensures members’ funds are protected through federal insurance of up to $250,000 per depositor through the FDIC.

Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.