7-month, 1.25% CD/16-month, 1.50% IRA CD at Northfield Bank
Northfield Bank has two CDs that may be looking into for short-term investors and those with retirement accounts. First, Northfield’s 7-month CD is yielding 1.25% APY. This CD has a minimum deposit of $2500. Second, Northfield Bank’s 16-month IRA CD is yielding 1.50% APY. This IRA CD has a minimum deposit of only $250.
Northfield Bank also has a $150 bonus if you open up their Really Free Checking Plus account. To get the bonus, within 90 days you need to set up a recurring direct deposit of at least $400, pay 3 bills online with the account, and perform 5 signature based transactions with your debit card.
Northfield Bank has 20 locations: 12 in Staten Island, 2 in Brooklyn, and 6 in New Jersey.
[Please note: This page is part of the New York CD Rates archive. Most of these deals on this page are not current and no longer available. Please check the date of the post before getting too excited and driving to a bank an hour away. If you have any doubts whether the deal is available, contact the bank or credit union. For a list of more current rates, visit our homepage.]