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
