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Peekskill, New York CD Rates – 18-Month

You are viewing rates from banks across Peekskill





Below are eighteen-month Certificates of Deposit (CD) rates from banks in Peekskill, New York . Eighteen Month CDs offer a bit more yield than 1 year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

Peekskill, NY - August 2, 2025

18 Month CD National Average : 0.58% ?

Banks APY MIN MILES ?

Warning: Early Withdrawal Penalty is 2% of the account balance.
Rate History: 4.35% → 4.20% → 4.15% → 4.05% → 4.20%

| Jul 3, 2023

A 2% early withdrawal fee on a 1-year CD is almost equally insane as a 270 day one. Read More

| Sep 18, 2023

I agree with another user, this bank is very poorly put together, and may very well be an operation in large part used to extract and sell people's personal information. I called customer service and had ... Read More

Early Withdrawal Penalty is 270 days interest.
Rate History: 4.10% → 4.15% → 4.10% → 4.00% → 4.10%

| Dec 18, 2023

I submitted a CD application 18 months 5.50 APY over a week ago and my application was declined no reason was given, I have the funds in another bank for transfer, credit score over 800. I think the reason... Read More

Early Withdrawal Penalty is 90 days interest.
Rate History: 4.50% → 4.25% → 4.15% → 4.05% → 4.00%

| Jun 26, 2020

Rate not current Read More

Earty Withdrawal Penalty is 180 days interest.
Rate History: 4.75% → 4.50% → 4.35% → 3.85% → 3.80%

| Aug 2, 2023

Sallie mae is just a horrible institution. We've done business with them before and swore on the holy bible not to go near there again, but a 18 mos cd at 5.55% brought us back. Read More

Rate History: 4.00% → 3.95% → 4.00% → 3.95% → 3.80%

| Dec 21, 2023

Very easy to setup 6 month 5.35% CD from cornerstone account Read More

Rate History: 3.75% → 2.45% → 3.85% → 4.00% → 3.75%

| Feb 25, 2022

I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More

Rate History: 4.50% → 3.00% → 4.50% → 4.00% → 3.75%

| Jul 31, 2020

Reduced savings rate from 1.88% to .75% a day after I deposited a substantial amount of money and no notice given or reduction in rate told to me Read More

Rate History: 4.45% → 4.25% → 3.90% → 3.80% → 3.70%

| Jan 2, 2024

Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More

| Feb 6, 2023

after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More

Rate History: 3.50% → 3.25%

| Jun 2, 2022

I've been a customer since CIT emerged from the financial crisis as a real competitor in this space (14 years or so). Zero complaints about anything over this time ... until today. Now they are offering a... Read More

Rate History: 3.00% → 2.50% → 2.00%

| Jan 2, 2023

Terrible customer service by investment side. Fees too high , too full of themselves Read More

1.03%

$10,000

16.78

Learn More

Rate History: 4.50% → 1.00% → 4.00% → 1.00%

| May 19, 2018

Experience Read More

Rate History: 0.10% → 4.25% → 1.50% → 0.92%

| Apr 4, 2016

I been with trustco for years and it is well run. They really are a home town bank. As a small business person i appreciate the business card stand they have in the branches for there customers. I was w... Read More

| Nov 26, 2018

This is a terrible bank. The employees are rude and do not care. The auto lender ratio is very high, which could affect their bottom number. Don’t use this bank, there are other stable banks in the area ... Read More

0.76%

$500

23.26

Learn More

0.60%

$10,000

23.59

Learn More

0.50%

$10,000

10.24

Learn More

0.48%

$10,000

15.92

Learn More

0.35%

$10,000

12.42

Learn More

| Jun 10, 2022

This bank hasn't raised their rates! Maybe I was sleeping but I need to get out of here fast. Read More

0.20%

$10,000

22.31

Learn More

| May 21, 2018

I wish I had never heard of or seen BBVA. It has been a disaster. Came to this site to find something else. Read More

Rate History: 4.75% → 0.01% → 0.05%

| Mar 28, 2023

On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More

| Jul 24, 2023

BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around Peekskill, NY - August 2, 2025


Branch Street City State
Citibank, National Association
Tallman Branch
250 Route 59 Suffern NY
Empire State Bank
Empire State Bank Branch
68 North Plank Road Newburgh NY
Capital One, National Association
Capital One, National Association Branch
50 Lafayette Avenue Suffern NY
Wells Fargo Bank, National Association
Pomona Mount Ivy Branch
7 Thiells Mount Ivy Road Pomona NY
Apple Bank
Mohegan Lake Branch
1753 East Main Street Mohegan Lake NY
JPMorgan Chase Bank, National Association
Tuxedo Branch
241 New York Route 17 Tuxedo Park NY
Ulster Savings Bank
Newburgh Office Branch
1208 Route 300 Newburgh NY
TD Bank, National Association
Monroe, Ny Branch
515 Route State Road 17m Monroe NY
TrustCo Bank
Monroe Branch
791 Rt 17m Monroe NY
Rhinebeck Bank
Beacon Branch
1476 Route 9d Wappingers Falls NY
Wallkill Valley Federal Savings and Loan Association
Montgomery Branch
201 Ward Street Montgomery NY
Walden Savings Bank
Montgomery Branch
21 Union Street Montgomery NY
PCSB Bank
New City Branch
76 Main Street New City NY
The Putnam County National Bank of Carmel
The Putnam County National Bank Of C Branch
43 Gleneida Avenue Carmel NY
The Berkshire Bank
Harriman Branch
80 Route 17m Harriman NY
Webster Bank, National Association
Yonkers Branch
2143 Central Park Avenue Yonkers NY
KeyBank National Association
Scotts Corners Branch
1031 State Route 17 K Montgomery NY
Bank of America, National Association
Washingtonville Branch
23 East Main Street Washingtonville NY


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PRODUCT INFORMATION

18 Month CDs - Branch Banks 2025

Banks offer a range of Certificates of Deposit (CD) with 18 month CDs being a popular term. An eighteen month CD obligates the holder to keep their money in the bank for eighteen months in return for a fixed rate of interest during that time period. All eighteen month bank CDs shown on BestCashCow are FDIC insured.

Eighteen month CDs can be opened in almost any bank branch as the are a mainstay of bank deposit products.

The advantages of an eighteen month CD are:

  • A slightly higher rate than 12 month CDs in return for leaving the money in the bank longer.
  • A fixed rate during the 18 month period.
  • FDIC insurance.
  • Convenience of opening and managing the CD at a local branch.

The disadvantages of an eighteen month branch CDs are:

  • Rates are generally lower than on the top online savings and CD accounts.
  • Money is tied up for 18 months. Removing it early results in significant penalties.
  • Opening in a branch requires a personal visit.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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