Best CD Rates in New York, New York

We have put together a list of the best CD rates in New York, New York with certificate of deposit terms of 6 months, 12 months, 18 months and 24 months. The highest 6 month CD rate and yield is from First Century Bank. The current 6 month certificate of deposit rate is 1.74% with an APY of 1.75%. The minimum opening deposit is $10,000.

The best 12 month certificate of deposit rate is from Tennessee Commerce Bank. The current 12 month CD rate is 1.69% with an APY of 1.70%.  The minimum opening deposit is $2,500.




The best 18 month bank CD rate and 24 month CD rate is also from Tennessee Commerce Bank. The bank's current 18 month CD rate is 1.78% with an APY of 1.80%. 24 month CD rates are currently at 2.08% with an APY of 2.10%. Both CD accounts have a minimum opening deposit of $2,500.

Here is a list of the best CD rates from banks and credit unions in New York, New York.

Best 6 month Certificate of Deposit:

• First Century Bank 1.75% APY Min $10,000


• Eastbank 1.30% APY Min $2500


• First Central Savings Bank 1.29% APY Min $500


• Ally Bank 1.25% APY Min $1


• Bay Ridge Federal Credit Union 1.25% APY Min $2500


• Marathon National Bank 1.25% APY Min $1000


• Bank of Smithtown 1.19% APY Min $2500


• BankDirect 1.11% APY Min $10,000


• Giantbank.com 1.11% APY Min $2500


• Flatbush Federal S&L 1.07% APY Min $500

Best 12 month Certificates of Deposit:

• Tennessee Commerce Bank 1.70% APY Min $2500


• Discover Bank 1.60% APY Min $2500


• Ally Bank 1.55% APY Min $1


• American Express Bank FSB 1.50% APY Min $0


• AIG Bank  1.50% APY Min $2500


• Bay Ridge Federal Credit Union 1.50% APY Min $500


• Bogota Savings Bank 1.50% APY Min $1000


• Boiling Springs Savings Bank 1.50% APY Min $1000


• Manasquan Saving Bank 1.50% APY Min $500


• Giantbank.com 1.46% APY Min $2500

Best 18 month Certificate of Deposit:

• Tennessee Commerce Bank 1.80% APY Min $2500


• Discover Bank 1.80% APY Min $2500


• First Central Savings Bank 1.77% APY Min $500


• Intervest National Bank 1.75% APY Min $2500


• Marathon National Bank 1.75% APY Min $1000


• Bank of Smithtown 1.69% APY Min $2500


• Ally Bank 1.68% APY Min $1


• American Express Bank FSB 1.65% APY Min $0


• Maspeth Federal S&L 1.65% APY Min $1500


• AIG Bank 1.60% APY Min $2500


• Nationwide Bank 1.60% APY Min $10,000

Best 24 month Certificate of Deposit:

• Tennessee Commerce Bank 2.10% APY Min $2500


• Eastbank 2.10% APY Min $2500


• Nationwide Bank 2.05% APY Min $10,000


• Discover Bank 2.05% APY Min $2500


• Suffolk County National Bank 2.02% APY Min $2500


• Ally Bank 2.01% APY Min $1 Option to bump up the rate once during the term.


• AIG Bank 2.01% APY Min $2500


• First Central Savings Bank 2.01% APY Min $500


• Broadway National Bank 2.01% APY Min $500


• Bridgehampton National Bank 2.01% APY Min $1000