CDs up to 3.14% APY at LOMTO Federal Credit Union
LOMTO Federal Credit Union has a number of competitive CDs available:
- 6-month CD: 1.25% APY
- 1-year CD: 1.60% APY
- 2-year CD: 1.81% APY
- 3-year CD: 2.32% APY
- 4-year CD: 2.63% APY
- 5-year CD: 3.14% APY
Except for the 6-month CD, all these CDs are also available as IRA CDs. Unfortunately, the credit union’s website doesn’t list the minimum deposit for these CDs.
LOMTO FCU is open to members of LOMTO (a taxi-drivers organization) as well as people who live, work, attend school, or worship in certain areas of the west side of Manhattan — a map is available here. LOMOTO Federal Credit Union has two locations: 50-24 Queens Boulevard in Woodside and 180 Riverside Boulevard (at West 69th Street) in Manhattan.
[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.]