CD rates in New York City, N.Y.

Thursday, June 3, 2010

Posted: 3 pm ET

If you are looking to find the best CD rates in New York City, let Bankrate.com guide you in making the best investing choices with our CD rate survey. CD rates vary by city, state and, of course, by bank, so doing research when looking to buy a CD will assure that you find the best CD yield for you.

According to the Bankrate CD survey, CDs in New York are paying higher yields than liquid savings accounts, so if you have some money that you’d like to lock away while earning interest, a CD could be your best bet.

Here are the 2 p.m. CD rates for today in New York City according to Bankrate.com, the one-year CD rates vary from 0.1 percent to 1.5 percent with minimum deposits of up to $25,000.

Ally 1.5%

Metlife 0.6%

Hudson City Savings Bank 1.25%

Queens County Savings Bank 1%

Citibank 0.8%

Astoria Federal S&LA 0.75%

Sovereign Bank 0.65%

Bank of America 0.4%

Wachovia 0.4%

Chase Bank 0.2%

HSBC Bank USA, N.A. 0.1%

Stay tuned for daily CD rates or follow Lisa at Twitter.com/BankrateLisa.

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CD rates in New York City, N.Y.