Best CD Rates Brooklyn, New York

We have put together a list of the best CD rates in Brooklyn, New York with certificate of deposit terms of 6 months, 12 months, 18 months and 24 months. One of the highest CD rates for a 6 month CD and possibly the best deal is First Century Bank's 6 month certificate of deposit. Their current bank CD rate is 1.74 percent with an annual percentage yield (APY) of 1.75 percent. The minimum opening deposit is $10,000.

The best 12 month CD rates at banks is from Maspeth Federal S&L and Tennessee Commerce Bank. Both banks currently have a 12 month CD rate 0f 1.69% with an APY of 1.70%.  The minimum opening deposit at Maspeth Federal S&L is $1,500 and at Tennessee Commerce Bank the minimum is $2,500.

Tennessee Commerce Bank also tops our list of the best 18 month CD rates and 24 month CD rates. The bank’s current 18 month CD rate is 1.78% with an APY of 1.80%. 24 month CD interest rates are currently at 2.08% with an APY of 2.10%.

Here is a list of the best CD rates at banks and credit unions in Brooklyn, New York.

Best 6 month Certificates of Deposit:

• First Century Bank 1.75% APY Min $10,000
• Eastbank 1.30% APY Min $2500 not available for IRA.
• First Central Savings Bank 1.29% APY Min $500
• Bay Ridge Federal Credit Union 1.25% APY Min $2500
• Marathon National Bank 1.25% APY Min $1000
• Discover Bank 1.25% APY Min $2500
• Ally Bank 1.20% APY Min $1
• Bank of Smithtown 1.18% APY Min $2500
• BankDirect 1.11% APY Min $10,000
• Giantbank.com 1.11% APY Min $2500

Best 12 month Certificates of Deposit:

• Maspeth Federal S&L 1.70% APY Min $1,500
• Tennessee Commerce Bank 1.70% APY Min $2500
• Eastbank 1.68% APY Min $2,500
• First Central Savings Bank 1.56% $500
• Broadway National Bank 1.55% APY Min $500
• Ally Bank  1.54% APY Min $1
• Bay Ridge Federal Credit Union 1.50% APY Min $500
• American Express Bank FSB 1.50% APY Min $0
• Marathon National Bank 1.50% APY Min $1000
• Discover Bank 1.50% APY Min $2500

Best 18 month Certificates of Deposit:

• Tennessee Commerce Bank 1.80% APY Min $2500
• First Central Savings Bank 1.77% APY Min $500
• Marathon National Bank 1.75% APY Min $1000
• Discover Bank 1.70% APY Min $2500
• Bank of Smithtown 1.68% APY Min $2500
• Intervest National Bank 1.65% APY Min $2500
• Ally Bank 1.65% APY Min $1
• American Express Bank 1.65% APY Min $0
• Maspeth Federal S&L 1.65% APY Min $1500 Not available for IRA.
• AIG Bank 1.60% APY Min $2500
• Nationwide Bank 1.60% APY Min $10,000

Best 24 month Certificates of Deposit:

• Tennessee Commerce Bank 2.15% APY Min $2500
• Eastbank 2.10% APY Min $2500
• Suffolk County National Bank 2.02% APY Min $2500
• First Central Savings Bank 2.01% APY Min $500
• Bridgehampton National Bank 2.01% APY Min $1000
• American Express Bank FSB 2.00% APY Min $ 0
• Bay Ridge Federal Credit Union 2.00% APY Min $500
• Ponce de Leon FSB 2.00% APY Min $1000
• Broadway National Bank 2.00% APY Min $500
• American Community Bank 2.00% APY Min $1000
• State Bank Long Island 2.00% APY Min $2500
• Carver Federal Savings Bank 2.00% APY Min $1000
• Discover Bank 2.00% APY Min $2500