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Best 12 month CD Rates in New York, New York

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The national average 12 month bank CD rate decreased again this week. The current national 12 month CD is averaging 0.90 percent. You can find bank CD rates higher than the national average rate. We have put together a list of the best 12 month bank CD rates in New York, New York.

Looking for the best bank CD rates? Use our CD rate tables to find the best rates:

The best 12 month bank CD rate is from Maspeth Federal Savings and Loan, their current 12 month bank CD rate is 1.69 percent with an annual percentage yield of 1.70 percent. The minimum opening account balance is $1,500.

Sallie Mae Bank and Tennessee Commerce Bank are tied for second on the best 12 month CD rate list. Both banks are currently offering a 12 month CD rate of 1.54 percent with an APY of 1.55 percent. TCB's minimum opening deposit is $2,500. Sallie Mae's minimum opening deposit is only $1.

Here is a list of the top 10 bank CD rates in New York, New York:

  • Maspeth Federal S&L Bank CD Rates 1.70% APY Min $1500

  • Tennessee Commerce Bank 1.55% APY Min $2500

  • Sallie Mae Bank CD Rates 1.55% APY Min $ 1

  • Bank of Internet USA 1.54% APY Min $1000

  • First Central Savings Bank CD Rates 1.53% APY Min $500

  • Broadway National Bank 1.53% APY Min $500

  • Discover Bank 1.50% APY Min $2500

  • American Express Bank 1.50% APY Min $ 0

  • Marathon National Bank 1.50% APY Min $1000

  • Eastbank Bank CD Rates 1.50% APY Min $2500

Author: Brian McKay
May 6th, 2010