New York Banking Rates

National CD Rate Deal of the Day: Eastbank at .95% APY

Setting aside money in an investment account, like a certificate of deposit, accrues interest and builds good financial discipline. With rates a cut above other competing financial institutions, New York City’s prominent Eastbank now offers a 12-month CD rate of .95% APY for its customers.

12-Month CD Rate Terms and Conditions

Eastbank’s current .95% 12-month CD rate earns an annual percentage yield on all deposits from $2,500 to $100,000, backed up to $250,000 by the Federal Deposit Insurance Corporation. Early withdrawal penalties may apply, so depositors are advised to allow their CD accounts to reach full maturity.

About Eastbank

Organized in 1983, Eastbank is a full-service commercial bank serving the Asian American communities of New York City. The bank’s founders were a group of community businessmen who perceived the city’s Chinatown area required a responsive bank to fuel growth of local development and meet the needs of local residents. Since oepningnearly 30 years ago, Eastbank has grown to become one of the most highly respected financial institutions in the area.

Other Terms and Conditions may apply. Additionally, rates 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.