Local Certificate of Deposit Deal for New York with Island Federal Credit Union gives 2.65% APY for 18-, 2.40% APY for 11-month term
The Island Federal Credit . Union offers their best certificate of deposit rates for New York. The top cd rates they are pushing for are very competitive at 2.40% APY for an 11-month term, 2.55% APY for a 24-month program, and 2.65% APY for an 18-month deal. They are also available as Education, Roth, or Traditional certificate of deposit.
Interested members can take advantage of these current cd rates for an initial funding of $1000. According to their customer service line, these rates may change any time.
Individuals who work, study, or reside in Suffolk or Nassau Counties are eligible to join the union. Shelter, Southampton, and East Hampton are not included in this offer. The FCU requires a $5 deposit to a regular savings account.
Island FCU has offices in Hicksville, Sayville, and Hauppauge in New York.
The credit union has a very history of solid performance. Using their March 2009 data, Bankrate.com and BauerFinancial issued 4 stars and 5 stars, respectively.
Island FCU is covered by the NCUA through charter number 10023.
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