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Corporate Certificate of Deposit Account IR content

Corporate Certificate of Deposit Account
Corporate Certificate of Deposit(CD)

Interest Rates (IR) and Annual Percentage Yield (APY).
Rates are effective from October 23,2020

CORPORATE CERTIFICATE OF DEPOSIT
Duration Interest Rates (IR)
(in %)
Annual Percentage Yield (APY)
(in %)
3 Months 0.10 0.10
6 Months 0.20 0.20
12 Months 0.25 0.25
2 Years 0.30 0.30
3 Years 0.35 0.35
4 Years 0.40 0.40
5 Years 0.50 0.50

For new large value deposits of USD 1,000,000 and above, please contact the branch:

Contact details: mgrmkt.nyb@statebank.com , Tel: 212-521-3390, 212-521-3283

APY is applicable where interest is payable on maturity for cumulative CD’s

Please read the complete disclosure of account terms and fee schedule in the Customer Manual

* Rates are subject to change without prior notice

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