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New York CD Rates: Best 5 Year CD Yields at 2.75%

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Right now on our list of 5 year New York CD rates two banks have the best CD rates. Bay Ridge Federal Credit Union and Ponce de Leon Federal Savings Bank are both offering 5 year CD rates at 2.71% with a CD yield of 2.75%. That rate is considerably higher than the current national average 5 year rate of 1.74% as reported by Monitor Bank Rates.

You can find the highest CD rates in your state by searching our rate tables at Both national rates and local rates are listed.

The second highest CD rates on our list in New York are from Brooklyn Federal Savings Bank, Ridgewood Savings Bank Federal Savings Bank and Dime Savings Bank are all offering 60 month CD rates at 2.47% with a yield of 2.50%. Dime requires that new money be deposited at the bank to earn the rate and yield.

The third best 60 month rate on our New York list of rate is from Bank of Internet USA. The bank's current 60 month rate is 2.46% with a yield of 2.49%.

Coming in with the fourth best rate is American Community Bank with a 5 year rate of 2.42% with an APY of 2.45%.

Rounding out top 5 CD rates in New York are First Central Savings Bank, First Internet Bank of IN and Broadway National Bank. All three banks are offering rates at 2.37% with an APY of 2.40%.

Use our free CD rate widgets to display average CD rates on your website. The widgets are a great addition to any website or blog. You can get the code here: CD Rate Widgets.
Author: Jason P. Jones
June 22nd, 2011