CD rates are low throughout the country. The Federal Reserve has promised to keep rates low until there's sustainable improvement in the economy. But you can still find some decent deals.
For instance, two banks in this survey are offering 0.2 percent on 6-month CDs, which is better than the national average for this term. Make sure to shop thoroughly for CD rates in New York City, NY, to find the best deals.
CDs are insured up to $250,000 per depositor, making them a safe place to stash your cash in New York. Yet, they aren't very liquid. That makes it important to find a great rate. Use our tools to shop for CD rates in New York City, NY.
CD rates in New York City, New York
Here are the 6-month CD rates in New York City, NY, as of 10 a.m. on Friday.
|Banking Institution||APY||Min. Deposit|
|Queens County Svgs Bk||0.2%||$2,500|
|Capital One, NA||0.1%||$500|
|Apple Bank for Savings||0.05%||$1,000|
|Astoria Federal S&LA||0.05%||$500|
|Bank of America||0.01%||$1,000|
|HSBC Bank USA, N.A.||0.01%||$1,000|
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