Highest CD Rates Info

Here at Highest CD Rates Info, we’re always looking for new and interesting venues for your certificate of deposit dollars. Today, we’re looking at a New York local bank.  First Niagara Bank is located in Buffalo, New York. The bank does not have any large footprint but offers many great financial services. Its savings accounts have become popular in recent years thanks to their encouraging interest rates.

*Editor’s Note: this is an older article, and we have recently updated our research about current First Niagara CD Rates.  For our latest article on First Niagara Certificate of Deposit Rates, please see the following page: First Niagara CD Rates

First Niagara Bank CD Rates for an 11-mont promotional relationship CD are currently estimated at 1.00%. Minimum deposit required for this investment is $25,000.

First Niagara CD Rates for a 25-month CD currently returns an APY of 1.75%. They also have a minimum deposit requirement of $25,000. First Niagara certificate of deposit rates for 30-month investment returns an APY of 1.30%. This investment is available under the eCD brand of the bank. Minimum deposit required for this account is $5,000.

The current CD rates for other terms and durations are available on the company website. Customers can use the search features to find any particular rate and the terms of investment.

Some of the best CD rates are available on relationship CDs. As for the highest CD rates, longer term durations generally have the highest APY. Special CDs also offer significantly high returns as compared to a CD of six months or a year. Standard terms of investment are applicable on these certificates. The bank imposes penalties in case the customers withdraw money from their accounts before the date of maturity. Each CD is automatically renewed upon its term of completion. Customers can stop this renewal by asking the bank to put a freeze on their accounts.