Corporate Certificate of Deposit Account
Corporate Certificate of Deposit(CD)
Interest Rates (IR) and Annual Percentage Yield (APY).
Rates are effective from August 23,2024
| CORPORATE CERTIFICATE OF DEPOSIT | |||||
|---|---|---|---|---|---|
| Duration | Interest Rate (IR)/ Annual Percentage Rate (APR) in (%) |
Annual Percentage Yield (APY) in (%) |
|||
| 3 Months to less than 6 Months | 5.00 | 5.09 | |||
| 6 Months to less than 12 Months | 5.10 | 5.20 | |||
| 12 Months to less than 2 Years | 5.05 | 5.15 | |||
| 2 Years to less than 3 Years | 4.50 | 4.58 | |||
| 3 Years to less than 4 Years | 4.40 | 4.47 | |||
| 4 Years to less than 5 Years | 4.20 | 4.27 | |||
| 5 Years | 4.30 | 4.37 | |||
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