25-month, 2% “Sure Saver Certificate” at Justice Federal Credit Union
Justice Federal Credit Union has an interesting CD offer out there—a 25-month “Sure Saver Certificate” that’s yielding 2.00% APY. For this ”Sure Saver Certificate,” you make a initial deposit of $100, and then you set up a monthly direct debit into the certificate of $50 or more. It’s a good way to save, and it’s a way to open a CD if you don’t have a lot of money to make a large initial deposit.
Justice Federal Credit Union is open to Department of Justice employees, Department of Homeland Security employees, Courts Employees, and members of numerous law enforcement associations; see here for a complete list. Justice FCU has about 20 branches throughout the country, including two in Manhattan: 26 Federal Plaza, Room 5-105 and 290 Broadway, 10th Floor (FBI building; restricted access).
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.
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.
1.70% 2-year and 3-year CDs at Community Federal Savings Bank
Community Federal Savings Bank has a couple reasonable CDs in our current very low period for CD rates: their 2-year and 3-year CDs are yielding 1.70%. The CDs have a minimum deposit of $2500. They also have a 5-year CD that’s returning 2.50% APY with the same minimum, and a 16-month “senior CD” that’s yielding 1.30% APY.
Community Federal Savings Bank has two locations, both in Queens: 89-07 Jamaica Avenue in Woodhaven, and 216-24 Jamaica Avenue in Queens Village.
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.
Very high IRA CD rates at Massena Savings & Loan
Massena Savings & Loan has three very high IRA CDs available right now. The first is a 6-month IRA CD yielding 2.56% APY. This CD has a minimum deposit of $2500. The second is a 1-year IRA CD that’s returning 2.82% APY. The 18-month IRA CD only has a minimum deposit of $200. And the last is a 30-month CD that yields 3.08% APY — this CD with a minimum of $1000. Some of their regular CDs are competitive as well, going as high as 2.56% for a 3-year CD.
Massena Savings & Loan has two branches: 255 Main St. in Massena and 155 Lincoln Ave. in Waddington.
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.
2.50% 5-year CD at First National Bank of Long Island
First National Bank of Long Island has a competitive long-term CD available: Their 5-year CD is yielding 2.50% APY. This CD has a minimum deposit of $1000. First National Bank of Long Island is also offering the same CD as an IRA CD at 2.55% APY. The IRA CD has the same $1000 minimum but also a maximum deposit of $500,000.
FNBLI has 19 full-service branches, all on Long Island: two in Northport, and one each in Babylon, Bayville, Bellmore, Cold Spring Harbor, East Meadow, Garden City, Glen Head, Greenvale, Huntington, Locust Valley, Merrick, Old Brookville, Rockville Centre, Roslyn Heights, Sea Cliff ,Valley Stream and Woodbury.
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.
30-month, 2.00% and 60-month, 2.50% CDs at Eastbank
Eastbank has two competitive CDs that are currently available: a 30-month CD that’s yielding 2.00% APY, and a 60-month CD that’s yielding 2.50% APY. The CDs have a minimum deposit of $2500 and a maximum deposit of $100,000. Eastbank’s 1-year (1.18% APY) and 2-year (1.75% APY) CDs have decent rates as well.
Eastbank has two locations: 183 Centre St. in Manhattan and 136-81 Roosevelt Ave. in Flushing (Queens).