Breadcrumb

Money Market Deposit Account inner page slide

NewYork trending product

What’s New

Senior Citizen Certificate Of Deposit

NewYork Quick Links

Money Market Deposit Account IR Content

Money Market Deposit Account

Current Interest Rate and Annual Percentage Yield (APY) on Money Market Deposit Accounts

Rates are effective from June 6,2022

  • Individual / Retail Segment
      Balance below $ 25,000 Balance of $ 25,000 & above but below $ 250,000 Balance of $ 250,000 and above but below $ 2,000,000 Balance of $ 2,000,000 and above
    Interest Rate(IR) / Annual Percentage Rate (APR) in (%) 0.40 0.50 0.60 0.70
    Annual Percentage Yield(APY) in (%) 0.40 0.50 0.60 0.70
  • Corporate Segment
      Balance below $ 25,000 Balance of $ 25,000 & above but below $ 250,000 Balance of $ 250,000 and above but below $ 2,000,000 Balance of $ 2,000,000 and above
    Interest Rate (IR) / Annual Percentage Rate (APR) in (%) 0.40 0.50 0.65 0.75
    Annual Percentage Yield(APY) in (%) 0.40 0.50 0.65 0.75

APY is applicable where interest is payable on cumulative basis. Please read the complete disclosure of account terms and fee schedule in the Customer Manual.

*Rates are subject to change without prior notice.