CD Interest Rates Competitive at Ponce De Leon Federal Bank in NY, 60-month CD earns 3.50% APY

The certificate of deposit offerings of Ponce De Leon Federal Bank is still very competitive despite the drop of the figures. A 60-month CD has the highest rate of 3.55% APY. A 48-month special gains 3.25% APY while the 36-month promo pays 3% APY. The minimum deposit for these CD is $500.

The rates for this bank are updated every Wednesday. To check you can visit their website or call their customer service line.

For applications, consumers must drop by to a branch. They have offices in Manhattan, Bronx, Brooklyn, New York, Astoria, Union City, and New Jersey.

The review for the Ponce De Leon Federal Bank remains very positive. Bankrate.com gave 4 stars while BauerFinancial issued 3.5 stars when they looked into the bank’s financial soundness using their September 2008 data.

The bank is insured with the FDIC through certificate # 31189.

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Posted on 21st February 2009 by admin in Best CD (Certificate of Deposit) Rates

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