Astoria Bank CD Rates and Financial Information

Astoria Federal Savings and Loan Association Main Address and Contact Information

37-16 30th Avenue
Long Island City, New York 11103

Astoria Federal Savings and Loan Association FDIC Certification Number

29805

Astoria Bank

Astoria Bank Logo
Website: https://www.snb.com/expect-great-rates
Rating: StarStarStar  (3 out of 5)100

Astoria Bank CD Rates

Product APY Rate Min. Deposit
3 Year CD from Astoria Bank
Astoria Bank
1.5
1.49
3
100
3 yr CD 1.500% 1.490% $500.00
Rates Updated: 08/14/2017

Articles Related to Astoria Bank

Astoria Bank CD Rates Increased on Intermediate and Long Term Accounts

Astoria Bank CD rates were increased on intermediate term and long term certificates of deposit. The largest CD rate increase was on Astoria Bank's 5 year certificate of deposit which was increased 25 basis points. 5 year CD rates were increased from 1.49 percent with a yield of 1.50 percent to 1.73 percent with a yield of 1.75 percent.

The 25 basis point increase puts Astoria Bank's 5 year rate at 9th place on our rate list, up from 17th. Right now the top 5 year CD rate on our list is from Popular Direct at 2.03 percent with a yield of 2.05 percent. You can see the complete list of 5 year CD rates by searching our rate database at MonitorBankRates.com.

Other Astoria Bank CD rate increases include the bank's 18 month CD rate which was increased from 0.75 percent to 0.80 percent.

The bank's 2 year and 30 month CD rates were both increased from 1.04 percent with a yield of 1.05 percent to 1.14 percent with a yield of 1.15 percent.

4 year CD rates were increase from 1.39 percent with a yield of 1.40 percent to 1.49 percent with a yield of 1.50 percent.

You can find the best CD rates at MonitorBankRates.com.

    Read more...
Astoria Bank Increases Intermediate and Long Term CD Rates

Astoria Bank CD rates were recently increased on the bank's intermediate and long term certificates of deposit. This change is counter to what most banks are doing these days. Many banks are increasing their short term CD rates because short term bond yields are moving higher while intermediate and long term yields remain flat.

CD rates at Astoria Bank were increased on two, three, and four year certificates of deposit. The largest increase was on three year certificates of deposit. Three year CD rates were increased from 1.04 percent with a yield of 1.05 percent to 1.24 percent with a yield of 1.25 percent.

The 20 basis point increase moved Astoria Bank from 20th place to 15th place on our 3 year rate list. The best three year CD rate in our database is 30 basis points higher at 1.54 percent with a yield of 1.55 percent. Live Oak Bank currently has the best three year rate.

Four year CD rates at Astoria Bank were increased 15 basis points from 1.24 percent with a yield of 1.25 percent to 1.39 percent with a yield of 1.40 percent. The new four year CD rate places Astoria Bank at 11th place on our four year rate list, up from 14th place.

Astoria Bank's five year CD rate was increased from 1.39 percent with a yield of 1.40 percent to 1.49 percent with a yield of 1.50 percent. The new five year CD rate moves Astoria Bank up from 18th place to 17th place on our 5 year rate list.

You can see how Astoria Bank's new CD rates compare with other bank CD rates by searching our rate database at CDRates.MonitorBankRates.com.

 

    Read more...
This Past Week's CD Rate Changes

Eight banks and one credit union in our database changed some of their CD rates this past week. Most of the CD rate changes were higher, which was nice to see. EverBank CD rates were changed more than once this past week, the most recent changes are at the top of the rate list below.

There is some good news regarding bank CD rates possibly moving higher in the near future. Despite September's employment numbers being slightly weaker than expected, CNBC reported the probability of a fed rate hike moved higher this morning. CNBC is basing their report on the CME Group's FedWatch Tool. The tool is used to track the market's expectation of a rate hike. Before the employment report, the probability of a December rate hike was at 63.9 percent. After Friday's report was released, it moved up to 70.2 percent.

If there is a December rate hike, it will most likely be 25 basis points. This hike might entice banks to increase their short term and intermediate term CD rates. If there is a rate hike, we won't see all banks and credit union increase their CD rates. It's likely that some online banks with the highest current CD rates will increase their rates.

The best CD rates on our 1 year certificates of deposit rate list are currently at 1.30 percent. A 0.25 percent fed fund rate hike might send the best 1 year rates towards 1.50 percent. It's been several years since we've seen 1 year rates as high as 1.50 percent.

This past week's CD rate changes are listed below.

Bank or Credit Union

ProductRate (New / Old)Yield (New / Old)
EverBank3 month CD0.65 / 0.690.65 / 0.69
EverBank1 yr CD1.23 / 1.21.24 / 1.21
EverBank2 yr CD1.45 / 1.41.46 / 1.41
EverBank3 yr CD1.59 / 1.551.6 / 1.56
EverBank5 yr CD1.87 / 1.791.89 / 1.81
EverBank3 month jumbo CD0.65 / 0.690.65 / 0.69
EverBank1 yr jumbo CD1.23 / 1.21.24 / 1.21
EverBank5 yr jumbo CD1.87 / 1.791.89 / 1.81
EverBank2 yr jumbo CD1.45 / 1.41.46 / 1.41
EverBank3 yr jumbo CD1.59 / 1.551.6 / 1.56
EverBank4 yr CD1.7 / 1.651.71 / 1.66
EverBank4 yr jumbo CD1.7 / 1.651.71 / 1.66
California First National Bank1 yr CD1.17 / 1.191.18 / 1.2
California First National Bank1 yr jumbo CD1.17 / 1.191.18 / 1.2
State Farm Bank5 yr CD1.69 / 1.591.7 / 1.6
State Farm Bank5 yr jumbo CD1.69 / 1.591.7 / 1.6
Discover Bank5 yr jumbo IRA CD1.74 / 1.831.76 / 1.85
Luana Savings Bank4 yr jumbo CD1.35 / 1.41.36 / 1.41
Astoria Bank2 yr CD0.95 / 0.750.95 / 0.75
Astoria Bank5 yr CD1.39 / 1.241.4 / 1.25
Pentagon Federal Credit Union1 yr CD1.2 / 11.21 / 1.01
Pentagon Federal Credit Union2 yr CD1.3 / 1.151.31 / 1.16
Pentagon Federal Credit Union3 yr CD1.3 / 1.151.31 / 1.16
Pentagon Federal Credit Union5 yr CD1.3 / 1.21.31 / 1.21
Pentagon Federal Credit Union4 yr CD1.3 / 1.151.31 / 1.16
Capital One 360 Bank6 month CD0.4 / 0.90.4 / 0.9
Capital One 360 Bank1 yr CD0.75 / 0.90.75 / 0.9
Capital One 360 Bank6 month jumbo CD0.4 / 0.90.4 / 0.9
Capital One 360 Bank1 yr jumbo CD0.75 / 0.90.75 / 0.9
Capital One 360 Bank9 month CD0.4 / 0.90.4 / 0.9
Capital One 360 Bank9 month jumbo CD0.4 / 0.90.4 / 0.9
KS StateBank1 yr jumbo CD1.15 / 11.16 / 1
EverBank3 month CD0.69 / 0.70.69 / 0.7
EverBank2 yr CD1.4 / 1.451.41 / 1.46
EverBank3 yr CD1.55 / 1.591.56 / 1.6
EverBank5 yr CD1.79 / 1.891.81 / 1.91
EverBank3 month jumbo CD0.69 / 0.70.69 / 0.7
EverBank5 yr jumbo CD1.79 / 1.891.81 / 1.91
EverBank2 yr jumbo CD1.4 / 1.451.41 / 1.46
EverBank3 yr jumbo CD1.55 / 1.591.56 / 1.6
EverBank4 yr CD1.65 / 1.761.66 / 1.78
EverBank4 yr jumbo CD1.65 / 1.761.66 / 1.78
Home Savings Bank6 month CD0.5 / 0.30.5 / 0.3
Home Savings Bank1 yr CD1 / 0.91 / 0.9
Home Savings Bank2 yr CD1.24 / 1.091.25 / 1.1
Home Savings Bank3 yr CD1.49 / 1.191.5 / 1.2
Home Savings Bank5 yr CD1.88 / 1.831.9 / 1.85
Home Savings Bank6 month jumbo CD0.5 / 0.30.5 / 0.3
Home Savings Bank1 yr jumbo CD1 / 0.91 / 0.9
Home Savings Bank5 yr jumbo CD1.88 / 1.831.9 / 1.85
Home Savings Bank18 month CD1.04 / 0.951.05 / 0.95
Home Savings Bank2 yr jumbo CD1.24 / 1.091.25 / 1.1
Home Savings Bank18 month jumbo CD1.04 / 0.951.05 / 0.95
Home Savings Bank3 yr jumbo CD1.49 / 1.191.5 / 1.2
Home Savings Bank4 yr CD1.69 / 1.491.7 / 1.5
Home Savings Bank4 yr jumbo CD1.69 / 1.491.7 / 1.5
    Read more...
Astoria Bank Money Market Account Rates now at 0.20%
Astoria Bank Money Market Account rates are now at 0.20 percent with a yield of 0.20 percent. View current Money Market Account rates at Astoria Bank below.     Read more...
Astoria Bank Money Market Account 25K Rates now at 0.20%
Astoria Bank Money Market Account 25K rates are now at 0.20 percent with a yield of 0.20 percent. View current Money Market Account 25K rates at Astoria Bank below.     Read more...
Recent CD Rate Changes Are Mostly Lower

Bond yields across the globe have tumbled since U.K. voters voted yes to leave the European Union. Yields on German and Japanese bonds are negative, so investors are paying to hold those bonds instead of receiving interest. This week, long term U.S. bonds hit new record lows. 30 year yields have fallen to 2.09 percent and 10 year yields fell to 1.34 percent.

While there isn't a direct link between bond yields and CD rates, banks are taking a cue from lower bond yields to lower CD rates and other deposit rates. The majority of recent CD rate changes have been lower. Another factor that will keep downward pressure on deposit rates is the Fed deciding to not increase the fed funds rate.

The U.K. vote to leave the European Union has created so much uncertainty, it's very unlikely the Fed will increase the fed funds rate anytime in 2016. This is bad news for savers because there is a direct correlation between the fed funds rate and deposit rates.

On a positive note, lower long term bond yields will mean lower mortgage rates. 30 year mortgage rates today are averaging 3.39 percent, only 8 basis points from an all-time low set in 2012.

Recent CD Rate Changes

BankProductRate (New / Old)Yield (New / Old)
Astoria Bank2.5 yr CD0.65 / 0.750.65 / 0.75
Nationwide Bank4 yr CD1.74 / 1.781.76 / 1.8
Silvergate Bank1 yr jumbo CD0.1 / 1.070.1 / 1.08

Pentagon Federal Credit Union

1 yr CD

1 / 1.1

1.01 / 1.11
Pentagon Federal Credit Union2 yr CD1.15 / 1.31.16 / 1.31
Pentagon Federal Credit Union3 yr CD1.15 / 1.31.16 / 1.31
Pentagon Federal Credit Union5 yr CD1.2 / 1.41.21 / 1.41
Pentagon Federal Credit Union4 yr CD1.15 / 1.31.16 / 1.31

E-Loan

3 yr CD1.54 / 1.641.55 / 1.65
E-Loan5 yr CD1.98 / 2.032 / 2.05
E-Loan5 yr jumbo CD1.98 / 2.032 / 2.05
E-Loan3 yr jumbo CD1.54 / 1.641.55 / 1.65
E-Loan4 yr CD1.74 / 1.781.75 / 1.8
E-Loan4 yr jumbo CD1.74 / 1.781.75 / 1.8
EverBank1 yr CD0.95 / 0.90.95 / 0.9
EverBank1 yr jumbo CD0.95 / 0.90.95 / 0.9
TriState Capital Bank6 month jumbo CD0.65 / 0.750.65 / 0.75
TriState Capital Bank1 yr jumbo CD0.9 / 10.9 / 1
TriState Capital Bank2.5 yr jumbo CD1.15 / 1.241.15 / 1.25
TriState Capital Bank2 yr jumbo CD1.1 / 1.191.1 / 1.2
TriState Capital Bank18 month jumbo CD1 / 1.11 / 1.1
TriState Capital Bank3 yr jumbo CD1.29 / 1.391.3 / 1.4

 

    Read more...
Astoria Bank and Luana Savings Bank Lower CD Rates

Listed below are today's CD rate changes by Astoria Bank and Luana Savings Bank. You can see how these rates compare with other bank CD rates in our database.

Today's CD Rate Changes

BankProductRate (New / Old)Yield (New / Old)
Astoria Bank3 yr CD0.75 / 0.850.75 / 0.85
Luana Savings Bank6 month jumbo CD0.45 / 0.50.45 / 0.5
Luana Savings Bank1 yr jumbo CD0.6 / 0.650.6 / 0.65
Luana Savings Bank2.5 yr jumbo CD1 / 1.051 / 1.05
Luana Savings Bank5 yr jumbo CD1.45 / 1.51.46 / 1.51
Luana Savings Bank6 month $50K CD0.4 / 0.450.4 / 0.45
Luana Savings Bank18 month IRA CD0.75 / 0.80.75 / 0.8
Luana Savings Bank18 month jumbo CD0.75 / 0.80.75 / 0.8
Luana Savings Bank3 yr jumbo CD1.1 / 1.151.1 / 1.15
Luana Savings Bank18 month jumbo IRA CD0.75 / 0.80.75 / 0.8
Luana Savings Bank4 yr jumbo CD1.3 / 1.351.31 / 1.36
    Read more...
Seven Banks Changed CD Rates in the Past Day

Seven different Banks changed CD rates the past day. The CD rate changes were to both short term and long term certificates of deposit. You can see how these new CD rates compare with other bank's rates for similar CD terms at MonitorBankRates.com.

BankProductRate (New / Old)Yield (New / Old)
Astoria Bank5 yr CD1.39 / 1.491.40 / 1.50
Astoria Bank18 month CD0.55 / 0.650.55 / 0.65
Astoria Bank4 yr CD1.14 / 1.291.15 / 1.30
MyCBB6 month CD0.86 / 0.850.86 / 0.85
Synchrony Bank5 yr CD2.22 / 2.232.25 / 2.25
Synchrony Bank5 yr jumbo CD2.22 / 2.232.25 / 2.25
5 Star Bank6 month CD0.45 / 0.500.45 / 0.50
5 Star Bank6 month $25K CD0.45 / 0.500.45 / 0.50
5 Star Bank6 month $50K CD0.45 / 0.500.45 / 0.50
Astoria Bank2 yr CD0.75 / 0.850.75 / 0.85
Astoria Bank3 yr CD0.95 / 1.040.95 / 1.05
Luana Savings Bank6 month jumbo CD0.50 / 0.550.50 / 0.55
Luana Savings Bank1 yr jumbo CD0.65 / 0.700.65 / 0.70
Luana Savings Bank2.5 yr jumbo CD1.15 / 1.21.15 / 1.2
Luana Savings Bank5 yr jumbo CD1.6 / 1.651.61 / 1.66
Luana Savings Bank6 month $50K CD0.45 / 0.500.45 / 0.50
Luana Savings Bank18 month IRA CD1.00 / 1.051.00/ 1.05
Luana Savings Bank18 month jumbo CD0.90 / 0.950.90 / 0.95
Luana Savings Bank3 yr jumbo CD1.25 / 1.301.25 / 1.31
Luana Savings Bank18 month jumbo IRA CD1.00 / 1.051.00 / 1.05
Luana Savings Bank4 yr jumbo CD1.5 / 1.551.51 / 1.56
Salem Five1 yr CD0.7 / 0.80.7 / 0.8
    Read more...
Slew of CD Rate Changes from Banks Prior to the Fed Funds Rate Increase

There has been a slew of CD rate changes from many different banks in our database this past week. A total of six banks changed some, if not all, of their CD rates. Only one bank, EverBank, changed a couple of their rates since the Federal Open Market Committee voted to increase the fed funds rate by 25 basis points.

It still stands to reason that several online banks that are offering the top online CD rates will increase their rates in the coming weeks. Major banks were quick to increase the prime rate they offer on loans but announced they wouldn't increase deposit rates.

The prime rate was increased at these banks:

Deutsche Bank, Citibank, U.S. Bancorp, JPMorgan Chase, HSBC, KeyCorp, M&T, BMO Harris Bank, SunTrust, Huntington Bancshares, PNC, Bank of America and BB&T.

It's no surprise these bigger banks are not going to increase deposit rates. They were offering very low rates because they have no interest in attracting deposits. A fed funds rate increase of 0.25 percent isn't going to change their rates. Listed below are all the certificate of deposit rate changes this past week.

BankProductRate (New / Old)Yield (New / Old)
AloStar Bank of Commerce1 yr CD1.25 / 1.201.26 / 1.21
AloStar Bank of Commerce2 yr CD1.45 / 1.391.46 / 1.40
AloStar Bank of Commerce1 yr jumbo CD1.25 / 1.201.26 / 1.21
AloStar Bank of Commerce18 month CD1.30/ 1.201.31 / 1.21
AloStar Bank of Commerce2 yr jumbo CD1.45 / 1.391.46 / 1.40
AloStar Bank of Commerce18 month jumbo CD1.30 / 1.201.31 / 1.21
EverBank6 month CD0.90/ 0.640.90 / 0.64
EverBank2 yr CD1.22 / 1.231.23/ 1.24
EverBank2.5 yr CD1.44 / 1.331.45 / 1.34
EverBank3 yr CD1.65 / 1.511.66 / 1.52
EverBank5 yr CD2.23 / 1.972.25 / 1.99
EverBank6 month jumbo CD0.90 / 0.640.90/ 0.64
EverBank2.5 yr jumbo CD1.44 / 1.331.45 / 1.34
EverBank5 yr jumbo CD2.23 / 1.972.25 / 1.99
EverBank18 month CD1.06 / 0.981.07 / 0.98
EverBank2 yr jumbo CD1.23 / 1.161.24 / 1.17
EverBank18 month jumbo CD1.06 / 0.981.07 / 0.98
EverBank3 yr jumbo CD1.65 / 1.511.66 / 1.52
EverBank4 yr CD1.90 / 1.981.92 / 2.00
EverBank4 yr jumbo CD1.90 / 1.981.92 / 2.00
Astoria Bank2 yr CD0.75 / 0.650.75 / 0.65
Astoria Bank2.5 yr CD1.04 / 0.951.05 / 0.95
Astoria Bank3 yr CD1.04 / 0.951.05 / 0.95
Astoria Bank18 month CD0.75 / 0.650.75 / 0.65
American Bank5 yr CD1.78 / 1.781.8 / 1.78
American Bank5 yr IRA CD1.78 / 1.781.8 / 1.78
American Bank4 yr CD1.34 / 1.341.35 / 1.34
American Bank4 yr IRA CD1.34 / 1.341.35 / 1.34
Congressional Bank1 yr CD0.60 / 0.950.60 / 0.95
Congressional Bank2 yr CD0.90 / 1.10.90 / 1.1
Luana Savings Bank6 month jumbo CD0.50 / 0.450.50 / 0.45
Luana Savings Bank1 yr jumbo CD0.70 / 0.650.7 0/ 0.65
Luana Savings Bank2.5 yr jumbo CD1.25 / 1.201.25 / 1.20
Luana Savings Bank5 yr jumbo CD1.75 / 1.701.76 / 1.71
Luana Savings Bank6 month $50K CD0.45 / 0.400.45 / 0.4
Luana Savings Bank18 month IRA CD1.05 / 1.001.05 / 1.00
Luana Savings Bank18 month jumbo CD0.90 / 0.850.90/ 0.85
Luana Savings Bank3 yr jumbo CD1.40 / 1.351.41 / 1.36
Luana Savings Bank18 month jumbo IRA CD1.05 / 1.001.05 / 1.00
Luana Savings Bank4 yr jumbo CD1.65 / 1.601.66 / 1.61
    Read more...
Astoria Bank Increases CD Rates Again

Astoria Bank has increased their certificate of deposit rates for the second time in less than a week. On November 11th, Astoria Bank increased CD rates on 6 different CD accounts. Today's rate increases are on the bank's 18 month, 2 year, and 5 year CDs. 

Listed below are the most current CD rate changes at Astoria Bank.

BankProductRate (New / Old)Yield (New / Old)
Astoria Bank2 Year CD0.65 / 0.550.65 / 0.55
Astoria Bank5 Year CD1.64 / 1.491.65 / 1.50
Astoria Bank18 month CD0.65 / 0.550.65 / 0.55
    Read more...

Compare Astoria Bank's CD Rates With Other Bank Rates Below

Astoria Federal Savings and Loan Association Financials

Total Assets: $17,073,186,000
Total Deposits: $11,315,022,000
Equity Capital: $1,608,870,000
Domestic Deposits: $11,315,022,000
Net Income: $15,070,000
Net Income (Quarterly): $15,070,000
Headquarters:
FDIC Field Office: New York City
Regulator: OCC
County: Queens
# of Offices: 86
Metropolitan Statistical Area (MSA): New York, NY
Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA
OTS Region: Northeast
FDIC Region: New York
Last Updated: 2011-07-21
Source: FDIC