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Spring Valley, New York CD Rates – 2-Year

You are viewing rates from banks across Spring Valley





Below are two-year Certificates of Deposit (CD) rates from banks in Spring Valley, New York. Two year CDs generally offer a higher rate than 1 year CDs but require a longer commitment. Depending on the economy, longer term CDs may or may not offer more premium as the term increases. If you expect rates on bank products to drop, can afford to lock the money away, and feel you are receiving enough premium for the time commitment, then longer-term CDs may be appropriate.

Spring Valley, NY - August 2, 2025

2 Year CD National Average : 0.66% ?

Banks APY MIN MILES ?

Early Withdrawal Penalty is 270 days interest.
Rate History: 4.10% → 4.20% → 4.15% → 4.05% → 4.15%

| 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: 3.00% → 4.60%

| Jul 1, 2022

Very easy opening process and wonderful staff. Read More

Rate History: 4.50% → 4.20% → 4.05% → 3.75% → 4.00%

| 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: 4.34% → 4.00% → 4.00% → 4.21% → 4.00%

| Mar 21, 2023

Parent seems to be owned by a large Chilean bank. Not saying this is good or bad, but it is complication, especially in the current environment. Read More

Rate History: 4.99% → 4.58% → 4.47% → 4.06% → 3.85%

Rate History: 4.35% → 4.15% → 4.00% → 3.75%

| Mar 25, 2020

I was told on the phone by a bank rep that my present money market acct interest rate would continue at 2.25% until June 30, 2020 and would be FDIC covered up to $250,000. Please verify if this is true???... Read More

Rate History: 4.50% → 4.50% → 3.50% → 3.70%

Rate History: 4.00% → 4.10% → 3.50% → 3.25% → 3.50%

| Apr 14, 2020

I call HSBC they told me they don't have 1.85 1 year CD. current CD is 0.8 / year Read More

| Nov 18, 2023

bad bank hold your deposit over months without credit in your account, no interest, they don’t want pay you interest , they want your money with 0% interest. Read More

Rate History: 3.50% → 3.50% → 3.75% → 3.50%

| Dec 21, 2023

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

Rate History: 4.20% → 4.00% → 3.70% → 3.60% → 3.50%

| 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

Rate History: 4.27% → 4.30% → 4.40% → 3.50%

Rate History: 4.00% → 4.10% → 3.70% → 3.60% → 3.45%

Rate History: 3.35% → 3.30% → 3.82% → 3.05% → 3.00%

Rate History: 3.50% → 3.00%

Early Withdrawal Penalty is 180 days interest.
Rate History: 4.00% → 3.90% → 3.80% → 3.50% → 2.75%

| Jun 10, 2024

I guess customer service is in the US (not sure). I'd rather that someone in the Philippines answered though. These people are so poorly trained and ill informed that I do not trust them with my personal... Read More

Rate History: 4.00% → 3.00%

| Jul 1, 2022

Very easy opening process and wonderful staff. Read More

Rate History: 4.05% → 4.25% → 4.05% → 4.00% → 2.50%

| Apr 25, 2022

We would not be having all this trouble with people sealing money out of other people's bank accounts if we were to just stop using fancy banking like onlinebanki 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

0.81%

$2,500

15.36

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0.70%

$10,000

24.98

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0.65%

$10,000

22.38

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0.65%

$10,000

24.67

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0.60%

$1,000

24.40

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0.55%

$10,000

3.77

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Rate History: 2.00% → 0.50%

| 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

0.50%

$10,000

22.28

Learn More

| 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

0.35%

$10,000

24.63

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

Rate History: 2.00% → 0.25%

| May 11, 2023

They made mistakes twice and would not correct them Read More

| Mar 28, 2022

Vaporware. Was approved to open an account. I logged in on several different browsers with differing rendering codes--each time got nothing but 3 circles running left to right for up to a half hour when I ... Read More

0.20%

$10,000

17.04

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0.15%

$100,000

24.88

Learn 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 Spring Valley, NY - August 2, 2025


Branch Street City State
M.Y. Safra Bank
M.Y. Safra Bank, Fsb Branch
499 Park Avenue New York NY
State Bank of India
State Bank Of India Branch
460 Park Avenue New York NY
Customers Bank
Osborn Branch
101 Theall Road Rye NY
Spring Bank
Harlem Branch - Frederick Douglas Blvd
301 W. 111th Street New York NY
HSBC Bank USA, National Association
West 57th Street Branch
829 10th Avenue New York NY
Capital One, National Association
Capital One, National Association Branch
50 Lafayette Avenue Suffern NY
Ponce Bank
Manhattan Branch
1925 Third Avenue New York NY
Cross County Savings Bank
Van Nest Branch
791 Morris Park Ave Bronx NY
Amalgamated Bank
Broadway Branch
1710 Broadway New York NY
Apple Bank
73rd Street Branch
2100 Broadway At 73rd Street New York NY
M.Y. Safra Bank
M.Y. Safra Bank, Fsb Branch
499 Park Avenue New York NY
Ridgewood Savings Bank
73rd Street Branch
1404 2nd Avenue New York NY
Sunnyside Federal Savings and Loan Association of Irvington
Sunnyside Federal Savings And Loan A Branch
56 Main St Irvington NY
JPMorgan Chase Bank, National Association
Warwick Fairgrounds Banking Center B Branch
146 New York Route 94 South Warwick NY
Wallkill Valley Federal Savings and Loan Association
Rt 17m & James Rd Branch
412 State Highway 17m Monroe NY
Dime Community Bank
52nd Street Manhattan Branch
12 East 52nd Street New York NY
Walden Savings Bank
Florida Branch
95 N Main St Florida NY
Alma Bank
Alma Bank Branch
28-31 31st Street Astoria NY
NorthEast Community Bank
1470 First Avenue Branch
1470 First Avenue New York NY
PCSB Bank
New City Branch
76 Main Street New City NY
Citibank, National Association
Tallman Branch
250 Route 59 Suffern NY
Carver Federal Savings Bank
Malcolm X Boulevard Branch
142 Malcolm X Boulevard New York NY
The Berkshire Bank
Goshen Savings Bank Branch
2 South Church Street Goshen NY
Santander Bank, N.A.
Santander Bank, N.A. Branch
864 8th Ave New York NY
Webster Bank, National Association
Yonkers Branch
760 Mclean Ave Yonkers NY
Alpine Capital Bank
Alpine Capital Bank Branch
680 Fifth Avenue, 7th Floor New York NY


BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

Two Year CDs - Branch Banks 2025

Two year CDs, also know as 24 month CDs are an intermediate term product that commits a depositor to keeping their money in the bank for 24 months in return for a fixed rate of return during that period. All two year CDs shown on BestCashCow are FDIC insured.

While two year CDs commit a person to locking their money in for double the time of a 12 month CD, the rate is not double. As a result, a depositor should think about whether the extra rate is worth the extra time commitment.

In general, if rates are rising, it makes sense not to lock up money for an extended period of time.

If rates are falling, then it makes sense to put money into a longer-term instrument to lock-in a higher rate.

Many find opening CDs at local bank is often easier than online. In a branch, a depositor can sign CD documents and initiate a CD in person, and can often get it done faster than mailing a check or initiating a wire transfer in order to get their money to an online bank. Many also appreciate the opportunity to interact face to face with a real human being as opposed to by phone or instant messaging.

The advantages of a two year branch CD are:

  • A higher rate than 12 month CDs in return for leaving the money in the bank longer.
  • A fixed rate during the 24 month period.
  • A generally higher rate for the same term than what can be found in a branch-based bank.
  • FDIC insurance.
  • Convenience of opening and managing the CD online.

The disadvantages of a two year branch CDs are:

  • Rates are generally lower than on the top online savings and CD accounts.
  • Money is tied up for two years. Removing it early results in significant penalties.
  • Opening online can often take several days. Problems must be handled online or via the phone as there is no branch.

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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