Certificate of Deposit Rates at AIG Bank

Current certificate of deposit rates at AIG Bank are lower then they were a year ago but that isn't a surprise considering CD rates and other deposit rates keep making all-time record lows. To give you can example current CD rates on 6 month certificates of deposit are being offered at 0.50 percent.Back in July 2012 6 month AIG Bank CD rates were higher at 1.05 percent with an APY of 1.06 percent. These days the best CD rates on 1 year certificates of deposit are just above this rate. CIT Bank is offering 1 year CD rates at 1.09 percent with an APY of 1.10 percent for account balances of $25,000 or more. Current 12 month bank CD rates at AIG Bank are being offered at 0.88 percent with an APY of 0.88 percent. The current national average 12 month CD rate is less an AIG's rate at 0.68 percent. Back in July 2010 CD rates at banks were averaging 1.39 percent or a 12 month CD and AIG Bank had rates at 1.48 percent with an APY of 1.49 percent.


Moving onto longer certificate of deposit rates at AIG, current 18 month rates are also offered at 0.88 percent which is lower than last July's rate of 1.59 percent with an APY of 1.60 percent. Current 2 year rates are averaging 1.04 percent with an APY of 1.05 percent which is still lower than CIT Bank's current 1 year rate for account balances of $25k or more. 3 year bank CD rates at AIG are currently at 1.14 percent with an APY of 1.15 percent. 60 month rates which are the highest CD rates offered at AIG are going for 1.59 percent with an APY of 1.60 percent.