CD rates in Albany, NY, are pretty low. If fact, rates are pretty dismal across the nation. The average one-year CD rate is currently at 0.29 percent. Fortunately, several credit unions and online banks are offering better-than-average rates.

CDs are safe investments, but they aren’t very liquid. Most institutions have stiff penalties for withdrawing your money before the maturity date. Those penalties can eat up all of your interest and some of your principal. So, make sure to create a budget before shopping or a certificate of deposit. Use our research to find CD rates in Albany, NY, and in other areas of New York.

CD rates in Albany, New York

Here are the CD rates in Albany, NY, as of 1:00 p.m.

Institution APY Min Deposit
Ally 1.04% $0
HSBC Bank USA, N.A. 0.05% $1,000
KeyBank 0.1% $2,500
ableBanking 1.12% $1,000
TrustCo Bank 0.3% $500
Citizens Bank 0.05% $1,000
First Niagara Bank, NA 0.05% $500

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