New York Banking Rates

24-Month CD Rate Deal of the Day: Nassau Financial Federal Credit Union at 1.05% APY

Many people today are looking for a way to get a good return on their money, but are afraid of the risk that comes with many investments available today. Certificates of deposits with good CD interest rates offer a great option that provides a decent yield while removing the risk.

Financial institutions like Nassau Financial Federal Credit Union that have earned a reputation of providing some of the highest rates in their area are a good place to start in the search for competitive CD interest rates. Nassau Financial Federal Credit Union is currently offering a 24-month certificate of deposit with an interest rate of 1.05% APY.

24-Month CD Rate: Terms and Conditions

The minimum deposit to earn the stated interest with Nassau Financial Federal Credit Union’s CD is $1,000. Keep in mind that penalties may be charged in the even of early withdrawal. For the 24-month CD, the interest is compounded daily. As with any other account, the depositor is insured for up to $250,000 in deposits with Nassau Financial Federal Credit Union through the National Credit Union Administration.

About Nassau Financial Federal Credit Union

Nassau Financial Federal Credit Union has been open since 1936, however has operated under a community charter since 2004. This means that they can serve anyone who works, lives, worships, or attends school in Nassau County. They offer a full suite of personal finance products and services, including consumer lending products such as mortgages and credit cards.

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.