City Savings Bank with best interest rates at 2.50% APY for a 24-month Certificate of Deposit
Hudson City Savings Bank offers nationwide their highest cd rates of 2.50% APY for a 24-month money in the bank deal. There are also shorter term certificates with current interest rates of 1.85% APY for 12-month term and 2.00% APY for an 18-month CD. These top cd rates can be enjoyed when you open an account for at least $5000.
Aside from the CD interest rates mentioned, the bank also has interesting long-term CD rates being offered in Connecticut, New York, and New Jersey.
Some of the attractive CD rates for these three states are for the 2-year CD with 2.50% APY; 3-year 3.00% APY; 4-year 3.25% APY; and 5-year 3.50% APY
The rates that we have here are listed on the main page and on the state-specific pages on the bank’s website as of September 29. This can be changed any time.
Interested consumers can open an account online. You can fund the certificate of deposit via electronic ACH. It will be wise if you ask for charges which may affect your savings before you sign up. These are not detailed on their website.
Hudson City Savings Bank has a commendable performance. BauerFinancial gave it 5 stars for safety and performance. Bankrate.com issued 4 stars.
The declared assets of the bank are at $57 billion plus about $22 billion in deposits. The bank is insured with the FDIC with certificate number 13074.
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