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Certificate of Deposit Account
Certificate of Deposit(CD)

Interest Rates (IR) and Annual Percentage Yield (APY).
Rates are effective from August 3,2022

Festive Promotional Offer

Earn 0.05% additional interest rate on new / additional CDs of USD 500,000 & above for tenors of 1 year to 3 years

RETAIL CERTIFICATE OF DEPOSIT
Duration Interest Rates (IR)
(in %)
Annual Percentage Yield (APY)
(in %)
3 Months 1.00 1.00
6 Months 1.50 1.50
12 Months 2.50 2.52
2 Years 2.90 2.93
3 Years 3.05 3.09
4 Years 3.10 3.14
5 Years 3.20 3.24

For further information, 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