EmigrantDirect Certificate of Deposit Rates

EmigrantDirect.com, the online banking division of Emigrant Bank based in New York is offering some competitive certificate of deposit rates. The bank's "My Way" certificates of deposit include 5 year to 10 year certificates of deposit that currently have an annual percentage yield (APY) of 2.50%.

Certificates of deposit between 41 months to 59 months earn an APY of 2.00%. Certificates of deposit between 16 months and 40 months earn an APY of 1.50%. The minimum opening CD account deposit for all CDs is $1,000.

The CD accounts have Federal Deposit Insurance protection up to $250,000 per account. If you have a larger sum to invest than $250,000, you can get FDIC protection for up to $1,250,000 by opening up to five certificate of deposit accounts at their Regional Banks.

For more information on EmigrantDirect.com CD accounts and savings accounts visit: EmigrantDirect.com.

Author: Robert Till
March 8th, 2010

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