Certificate of Deposit Account
Certificate of Deposit(CD)
Interest Rates (IR) and Annual Percentage Yield (APY).
Rates are effective from October 23,2020
| RETAIL 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 | 0.55 | 0.55 | |||
| 2 Years | 0.60 | 0.60 | |||
| 3 Years | 0.70 | 0.70 | |||
| 4 Years | 0.80 | 0.80 | |||
| 5 Years | 0.85 | 0.85 | |||
For new large value deposits of USD 500,000 and above, please contact the branch:
Contact details: mgrmkt.nyb@statebank.com , Tel: 212-521-3390, 212-521-3318
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
