Highest CD Rates in New York
Turning back to the coast, we look to the best CD rates in New York. We here at Highest CD Rates Info are going to show you the most current CD rates and how well they’re doing in NY.
As usual, we’ll sort them by term and then rank the highest CD rates by annual percentage yield (APY) and include any information needed like minimum deposit requirements.
1 Year Term Highest CD Rates in New York
For this term, Ally Bank offers a 2.00% APY with no minimum deposit requirement. Hudson City Savings Bank offers a 1.85% APY with a $500 minimum deposit required and Queens County Savings offers a 1.64% APY with a $500 minimum deposit requirement.
3 Year Term New York CD Rates
Ally Bank is still on top with highest CD rates in this term at 2.70% APY with no minimum deposit. Citibank offers a 2.50% APY with a $500 minimum deposit as does Hudson City Savings Bank. Bank of America offers a 2.05% APY with a $1,000 minimum deposit requirement.
5 Year Term Best CD Rates in New York
For this popular long term, Citibank offers a 3.50% APY with a $500 minimum deposit required and Ally Bank offers a 3.30% APY with no minimum deposit required. Bank of America offers 2.75% APY with a $1,000 minimum deposit requirement and Astoria Federal and Hudson City Savings both have a 2.50% APY with a $500 minimum.
All banks listed are FDIC insured. These highest CD rates won’t last long and will change soon, as most current CD rates change frequently. So lock in your highest CD rates in New York today if any of these appeal to you.