Best New York CD Rates
New York is the financial capital of the world and often decides the future course of financial institutions. The best New York CD rates are often later adopted by other states and even other countries. So we here at Best CD Rates Today wanted to look at what is happening with certificates of deposit in New York right now.
Ally Bank is currently offering the best CD rates in New York in the 1-year investment category. There are no requirements of any minimum balance and the APY is currently estimated at 1.79%. Hudson City Savings Bank currently offers the second highest APY of 1.55% for a minimum deposit of $500. Astoria Federal S&LA offers an APY of 1.50% with a minimum deposit of $500.
Hudson City Savings Bank currently offers the best CD rates in New York for 3-year investment option. The bank is currently offering an APY of 2.80%. Astoria Federal S&LA trails at an APY of 2.50%. Both banks have a minimum deposit requirement of $500. Ally Bank is only one decimal lower than Astoria with an APY of 2.49%. It does not have any requirement of minimum deposit.
Hudson City again leads the rates when it comes to the major investment of five years. In the 5-year CD investment, Hudson City offers an APY of 3.40%. It asks for a minimum deposit of $500 for this investment. Astoria Federal offers the second highest APY at 3.25% and it also asks for a minimum deposit of $500. Ally Bank offers the third best APY rates at 3.10&. They do not have any requirement of minimum balance at any type of investment.
Related posts:
- New York CD Rates
- Highest CD Rates in New York, NY
- Hudson City CD Rates
- Business CD Rates
- Baltimore CD Rates
Tags: best CD rates in New York, best New York CD rates
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