CDs up to 2.99% at SeaComm Federal Credit Union
SeaComm Federal Credit Union has a number of CDs that are extremely competitive across deposit lengths:
- 6-month CD: 1.32% APY
- 1-year CD: 1.35% APY
- 2-year CD: 2.28% APY
- 30-month CD: 2.58% APY
- 4-year CD: 2.75% APY
- 5-year CD: 2.99% APY
With the exception of the 6-month CD, the CDs all have a minimum deposit of $1000. The 6-month CD has a minimum deposit of $2500. IRA and Roth IRA CDs are also available on all terms except 6 months. For “young savers” (no definition offered), the 6-, 12-, 18-, and 24-month CDs have a minimum of $500. SeaComm FCU’s money market is also yielding 1.50% for amounts over $50,000.
SeaComm Federal Credit Union is open to anyone who lives in St. Lawrence County or northern Franklin County. SeaComm FCU has six locations: two in Massena, and one each in Canton, Malone, Ogdensburg, and Potsdam.
[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.]
4-year, 3.05%/5-year, 3.30% CDs at Greater Metro Credit Union
Greater Metro Credit Union has two of the higher-rate CDs that we’ve seen lately: Their 4-year CDs are yielding 3.05% APY, and their 5-year CDs are yielding 3.30% APY. These CDs have a minimum deposit of $500. Greater Metro CU also has a competitive rate on their money market — 0.75% APY from $500-$500, 1.00% APY from $5000-$50,000, and 1.25% APY for amounts $50,000 and above.
Membership in the Greater Metro Credit Union is available to a number of New York employers, including IBM, The Veteran’s Administration Hospital, The Interchurch Center, Visiting Nurse Service, The Population Council, and General Theological Seminary. Greater Metro CU has two branches: 31-10 37th Ave. in Long Island City, and 423 E. 23rd St. in Manhattan.
CDs up to 3.10% at Self Reliance NY Federal Credit Union
Self Reliance New York Federal Credit Union has a number of comparatively high rates available on their CDs across the board — close to the highest we’ve seen recently at numerous terms:
- 3-month CD: 1.46% APY
- 6-month CD: 1.66% APY
- 9-month CD: 1.71% APY
- 1-year CD: 2.02% APY
- 18-month CD: 2.12% APY
- 2-year CD: 2.38% APY
- 3-year CD: 2.48% APY
- 5-year CD: 3.15% APY
There’s no listed minimum on these CDs. Self Reliance seems to update their rates approximately quarterly, so these rates will probably change again in late December or early January. Self Reliance NY FCU also has a money market that yields 1.51% APY with a $2500 minimum deposit, and an amazingly high IRA account that returns 3.15% APY.
Membership in the Self Reliance New York Federal Credit Union is open to members of the Selfreliance Association of American Ukrainians, which is apparently open to those born in the Ukraine and those whose parents were born in the Ukraine. Self Reliance NY FCU has five branches, one each in Astoria, Kerhonkson, Lindenhurst, Manhattan, and Uniondale.
2.25%/2.75% long-term CDs at Ponce De Leon Bank
Ponce De Leon Bank has two respectable longer-term CDs available: Their 4-year CD is yielding 2.25% APY, and their 5-year CD is yielding 2.75% APY. The website doesn’t list the minimum deposit required on these CDs, unfortunately. Ponce De Leon Bank is also offering a relatively high-yield savings account — their Super Savers High Interest account is yielding 1.00% with a $10,000 minimum deposit. With a $500 deposit, that APY goes down to 0.55%.
Ponce De Leon has 11 branches in the New York City area, including five in the Bronx, two in Brooklyn, and one each in Astoria, East Harlem, Jackson Heights, and Union City, NJ.