Top New York CD Rates: January 5, 2011
Why is finding the best CD rate in New York so important? If you don’t need to access your money for a while, depositing in a CD could yield you higher interest rates.
New York Banking Rates is a comprehensive free resource for people like you who are searching for the best CD rates in New York. We do the comparison shopping among financial institutions so you don’t have to.
Top New York CD Rates
The average CD rates in New York are as follows; compare local banks and credit unions in your area with the average to find out who’s offering the best rates:
- 24-month CD: 0.72%
- 12-month CD: 0.94%
- 6-month CD: 1.28%
Banks and Credit Unions with the Best CD Rates in New York
Hunting down the best CD rates can be a time-consuming process, so to help you get started, you can begin with our list of the financial institutions in New York with the highest CD rates.
Currently, Lomto Credit Union is offering a 24-month CD rate at 1.81% APY. The best 12-month CD can be found at Neighborhood Trust Credit Union with a rate of 1.50% APY, while you can earn a six-month rate of 1.25% APY at Lomto Credit Union.
As you can see, you have many options when it comes to choosing a CD account. If you want to be sure you’ve made the right decision, open a CD with a bank that’s offering a truly competitive rate. View a list of all the New York banks for contact information.