Walden Savings Bank of Montgomery, New York is offering a number of bank CDs with competitive interest rates in the Hudson Valley area.  Walden Savings Bank is a community bank that works on meeting the borrowing and deposit needs of consumers and businesses in Montgomery and the surrounding region in NY.  Along with certificates of deposits, Walden Savings Bank offers a number of saving options for consumers from simple statements savings accounts to money market accounts and IRAs.

The bank CDs available at Walden Savings Bank are available with maturities ranging from 3 months to 5 years.  The CDs for NY residents are all fixed interest rate products.  The bank has a $1,000.00 minimum opening deposit requirement to obtain the certificates.  There is an automatic renewal at maturity feature that is triggered uncles the bank is informed not to renew the CD account.  As with most bank CDs, there may be penalty for early withdrawals from a CD account.

Current CD rates in New York from Walden Savings Bank include the following terms for May 4, 2012.

The 91 day ( three month CD ) CD rate is 0.25 percent.
182 day CD interest rate goes to 0.40 percent.
The 7 month and 9 month term certificates have current rates at 0.45 percent.
The one year CD rate is 0.65 percent.
The 18 month bank CD rate rises to 0.85 percent.
A two year CD rate in NY is at 1.00 percent.
Three year CDs have an interest rate of 1.45 percent.
A four year CD has an interest rate of 1.65 percent.
The long term, five year NY CD rate from Walden is 1.75 percent.

All of the bank certificates of deposit are available as Individual Retirement Accounts as well.  All CD rates in NY from Walden Savings Bank are current as of May 4, 2012 but are subject to change at any time.  The earned CD interest is compounded and credited monthly for all accounts.  For additional information on bank CD rates and terms offered by Walden Savings Bank, a bank representative can be reached at (845) 457-7700.  Walden Savings Bank operates 11 bank branch locations in the region.

No user commented in " NY CD Rates at Walden Savings Bank "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)