Certificate of Deposit Account
Certificate of Deposit(CD)
Interest Rates (IR) and Annual Percentage Yield (APY).
Rates are effective from May 18,2022
| RETAIL CERTIFICATE OF DEPOSIT | |||||
|---|---|---|---|---|---|
| Duration | Interest Rates (IR) (in %) |
Annual Percentage Yield (APY) (in %) |
|||
| 3 Months | 0.50 | 0.50 | |||
| 6 Months | 0.75 | 0.75 | |||
| 12 Months | 1.30 | 1.31 | |||
| 2 Years | 1.70 | 1.71 | |||
| 3 Years | 1.80 | 1.81 | |||
| 4 Years | 1.90 | 1.92 | |||
| 5 Years | 2.05 | 2.07 | |||
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
