Rates Current as of Tuesday February 09, 2010
| Today's Current New York CD Rates The best New York CD rates currently offered. Compare the best New York CD rates from the highest CD rates currently being offered. |
| Today's Current New York 6 Month CD Rates. The best New York 6 month CD rates. Compare the best New York 6 month CD rates. | |||
| Bank | APY | Term | Min $ Open |
| United Orient Bank www.uobusa.com 212-349-1100 |
1.50% | 6 MONTH | $500.00 |
| EastBank, N.A. www.eastbank-na.com 212-219-9000 |
1.50% | 6 MONTH | $2,500.00 |
| Hamptons State Bank www.hamptonsbank.com 631-287-9500 |
1.41% | 6 MONTH | $2,500.00 |
| State Bank of India www.statebank.com 800-724-5780 |
1.41% | 6 MONTH | $5,000.00 |
| Geddes Federal Savings & Loan www.geddesfederal.com 315-468-6281 |
1.40% | 6 MONTH | $500.00 |
| Hudson City Savings Bank www.hcsbonline.com 718-720-1007 |
1.35% | 6 MONTH | $500.00 |
| Today's Current New York 1 Year CD Rates. The best New York 1 Year CD rates. Compare the best New York 1 Year CD rates. | |||
| Bank | APY | Term | Min $ Open |
| Quontic Bank www.myqountinbank.com 516-686-0707 |
2.02% | 1 YEAR | $1,000.00 |
| Atlas Savings and Loan www.atlasbank.com 718-768-4800 |
1.92% | 15 Month | $2,500.00 |
| United Orient Bank www.uobusa.com 212-349-1100 |
1.85% | 1 YEAR | $500.00 |
| National Bank of Delaware www.natbkdelco.com 607-326-4100 |
1.85% | 16 Month | $5,000.00 |
| State Bank of India www.statebank.com 800-724-5780 |
1.81% | 1 YEAR | $5,000.00 |
| Asia Bank, N.A. www.asiabank-na.com 718-961-9700 |
1.75% | 1 YEAR | $1,000.00 |
| Today's Current New York 2 Year CD Rates. The best New York 2 Year CD rates. Compare the best New York 2 Year CD rates. | |||
| Bank | APY | Term | Min $ Open |
| Park Ave Bank www.parkavenuebank.com 718-252-3130 |
2.50% | 2 YEAR | $1,000.00 |
| Atlas Savings and Loan www.atlasbank.com 718-768-4800 |
2.38% | 2 YEAR | $2,500.00 |
| Quontic Bank www.myqountinbank.com 516-686-0707 |
2.33% | 2 YEAR | $1,000.00 |
| Hudson City Savings Bank www.hcsbonline.com 718-720-1007 |
2.30% | 2 YEAR | $500.00 |
| Hamptons State Bank www.hamptonsbank.com 631-287-9500 |
2.28% | 2 YEAR | $2,500.00 |
| Geddes Federal Savings & Loan www.geddesfederal.com 315-468-6281 |
2.25% | 25 Month | $500.00 |
| Today's Current New York 5 Year CD Rates. The best New York 5 Year CD rates. Compare the best New York 5 Year CD rates. | |||
| Bank | APY | Term | Min $ Open |
| Hanover Community Bank www.hanovercommunitybank.com 516-248-4868 |
3.50% | 5 YEAR | $500.00 |
| Hudson City Savings Bank www.hcsbonline.com 718-720-1007 |
3.40% | 5 YEAR | $500.00 |
| Quontic Bank www.myqountinbank.com 516-686-0707 |
3.40% | 5 YEAR | $1,000.00 |
| Hamptons State Bank www.hamptonsbank.com 631-287-9500 |
3.35% | 5 YEAR | $2,500.00 |
| Astoria Federal Savings www.astoriafederal.com 800-278-6742 |
3.25% | 5 YEAR | $500.00 |
| Dime Savings Bank www.dimewill.com 800-321-3463 |
3.25% | 5 YEAR | $500.00 |
A certificate of deposit or CD is a time deposit, an investment of a specific amount of money over a specific time period for a specific rate of interest. Some variations on these basics are now offered but the standard investment remains available. Banks, savings and loans, and credit unions offer CDs in
Bank certificate of deposit rates were lower for the third consecutive week in 2010. The average yield for the top ten best bank CD rates available nationally fell across all maturities. For the week ending January 22, 2010 the short term bank CD rates incurred the most damage while the mid term and longer term CDs
A money market account is a savings account offered by banks that normally earns a higher rate of interest than a normal savings account. These accounts go by the acronym MMA, but also are referred to as Money Market Demand Accounts (MMDA) or Money Market Deposit Accounts (also MMDA.)
It pays a higher rate in
Bank & CD Tips
There is no better time than the present to begin saving money. Setting a goal for saving will help you focus on more effective money management and prevent you from making unnecessary purchases. Use your bank accounts to analyze your present spending patterns and help increase your savings yields. Unfortunately, most people are not saving
Always compare bank checking account charges to make sure you are not paying too much. It is not unheard of to have someone save more than $200 a year in fees by switching to a free checking account or a checking account that has no minimum balance requirement. It’s easy to review a complete list
