You are viewing rates across New York
Below are the best one year CD Rates from banks in New York. One year CDs are usually the most popular term and offer a decent yield without having to lock-up money for an extended period of time. One year CD Rates are generally comparable to or a little higher than their savings and money market counterparts.
NY - August 22, 2017
1 Year CD National Average : 0.48% ?
| Bank | APY | MIN | MILES ? | |
|---|---|---|---|---|
| 1.53% | $100,000 | - | ||
| 1.50% | $1,000 | - | ||
| 1.50% | $2,500 | - | ||
| 1.41% | $1,000 | - | ||
| 1.35% | $500 | - | ||
| 1.31% | $500 | - | ||
| 1.30% | $500 | - | ||
| 1.25% | $100,000 | - | ||
| 1.25% | $1,000 | - | ||
| 1.25% | $500 | - | ||
| 1.25% | $500 | - | ||
| 1.25% | $2,000 | - | ||
| 1.25% | $5,000 | - | ||
| 1.25% | $2,500 | - | ||
| 1.25% | $500 | - | ||
| 1.16% | $5,000 | - | ||
| 1.15% | $1,000 | - | ||
| 1.15% | $10,000 | - | ||
| 1.15% | $1,000 | - | ||
| 1.15% | $500 | - | ||
| 1.11% | $500 | - | ||
| 1.10% | $1,000 | - | ||
| 1.10% | $1,000 | - | ||
| 1.06% | $100,000 | - | ||
| 1.02% | $1,000 | - | ||
| 1.01% | $1,000 | - | ||
| 1.01% | $1,000 | - | ||
| 1.01% | $2,500 | - | ||
| 1.01% | $1 | - | ||
| 1.00% | $2,500 | - | ||
| 1.00% | $500 | - | ||
| 1.00% | $2,000 | - | ||
| 1.00% | $500 | - | ||
| 1.00% | $500 | - | ||
| 0.95% | $500 | - | ||
| 0.95% | $2,500 | - | ||
| 0.90% | $1,000 | - | ||
| 0.88% | $500 | - | ||
| 0.87% | $1,000 | - | ||
| 0.85% | $1,000 | - | ||
| 0.85% | $500 | - | ||
| 0.85% | $500 | - | ||
| 0.80% | $500 | - | ||
| 0.80% | $100,000 | - | ||
| 0.80% | $500 | - | ||
| 0.80% | $500 | - | ||
| 0.75% | $1,000 | - | ||
| 0.75% | $500 | - | ||
| 0.75% | $500 | - | ||
| 0.75% | $500 | - | ||
| 0.70% | $1,000 | - | ||
| 0.70% | $1,000 | - | ||
| 0.61% | $500 | - | ||
| 0.60% | $10,000 | - | ||
| 0.60% | $100,000 | - | ||
| 0.60% | $500 | - | ||
| 0.60% | $500 | - | ||
| 0.60% | $500 | - | ||
| 0.60% | $500 | - | ||
| 0.56% | $2,500 | - | ||
| 0.55% | $500 | - | ||
| 0.55% | $100,000 | - | ||
| 0.50% | $500 | - | ||
| 0.50% | $2,500 | - | ||
| 0.50% | $10,000 | - | ||
| 0.50% | $500 | - | ||
| 0.50% | $500 | - | ||
| 0.50% | $10,000 | - | ||
| 0.50% | $2,500 | - | ||
| 0.50% | $500 | - | ||
| 0.50% | $1,000 | - | ||
| 0.50% | $2,500 | - | ||
| 0.50% | $500 | - | ||
| 0.50% | $2,500 | - | ||
| 0.50% | $100,000 | - | ||
| 0.50% | $1,000 | - | ||
| 0.50% | $500 | - | ||
| 0.46% | $100 | - | ||
| 0.45% | $1,000 | - | ||
| 0.45% | $500 | - | ||
| 0.45% | $1,000 | - | ||
| 0.45% | $1,000 | - | ||
| 0.45% | $500 | - | ||
| 0.45% | $2,500 | - | ||
| 0.45% | $500 | - | ||
| 0.45% | $99,000 | - | ||
| 0.45% | $100,000 | - | ||
| 0.40% | $100,000 | - | ||
| 0.40% | $1,000 | - | ||
| 0.40% | $1,000 | - | ||
| 0.40% | $1,000 | - | ||
| 0.40% | $100,000 | - | ||
| 0.40% | $100,000 | - | ||
| 0.40% | $100,000 | - | ||
| 0.40% | $500 | - | ||
| 0.40% | $100,000 | - | ||
| 0.40% | $5,000 | - | ||
| 0.40% | $100,000 | - | ||
| 0.40% | $100,000 | - | ||
| 0.40% | $1,000 | - | ||
| 0.36% | $500 | - | ||
| 0.35% | $500 | - | ||
| 0.35% | $1,500 | - | ||
| 0.35% | $500 | - | ||
| 0.35% | $500 | - | ||
| 0.35% | $1,000 | - | ||
| 0.35% | $2,500 | - | ||
| 0.30% | $10,000 | - | ||
| 0.30% | $1,000 | - | ||
| 0.30% | $2,500 | - | ||
| 0.30% | $100,000 | - | ||
| 0.30% | $1,000 | - | ||
| 0.30% | $500 | - | ||
| 0.30% | $1,000 | - | ||
| 0.30% | $10,000 | - | ||
| 0.30% | $1,000 | - | ||
| 0.30% | $500 | - | ||
| 0.25% | $1,000 | - | ||
| 0.25% | $1,000 | - | ||
| 0.25% | $500 | - | ||
| 0.25% | $10,000 | - | ||
| 0.25% | $500 | - | ||
| 0.25% | $10,000 | - | ||
| 0.25% | $500 | - | ||
| 0.25% | $500 | - | ||
| 0.25% | $2,500 | - | ||
| 0.25% | $500 | - | ||
| 0.25% | $10,000 | - | ||
| 0.25% | $1,000 | - | ||
| 0.25% | $500 | - | ||
| 0.25% | $500 | - | ||
| 0.25% | $1,000 | - | ||
| 0.24% | $10,000 | - | ||
| 0.20% | $500 | - | ||
| 0.20% | $500 | - | ||
| 0.20% | $1,000 | - | ||
| 0.20% | $10,000 | - | ||
| 0.20% | $10,000 | - | ||
| 0.20% | $500 | - | ||
| 0.20% | $1,000 | - | ||
| 0.20% | $1,000 | - | ||
| 0.20% | $1,000 | - | ||
| 0.20% | $1,000 | - | ||
| 0.20% | $500 | - | ||
| 0.18% | $1,000 | - | ||
| 0.15% | $100,000 | - | ||
| 0.15% | $1,000 | - | ||
| 0.15% | $10,000 | - | ||
| 0.15% | $100,000 | - | ||
| 0.15% | $5,000 | - | ||
| 0.15% | $1,000 | - | ||
| 0.15% | $10,000 | - | ||
| 0.15% | $500 | - | ||
| 0.12% | $1,000 | - | ||
| 0.10% | $500 | - | ||
| 0.10% | $1,000 | - | ||
| 0.10% | $1,000 | - | ||
| 0.10% | $10,000 | - | ||
| 0.10% | $500 | - | ||
| 0.10% | $1,000 | - | ||
| 0.10% | $2,500 | - | ||
| 0.10% | $2,500 | - | ||
| 0.10% | $500 | - | ||
| 0.07% | $10,000 | - | ||
| 0.05% | $10,000 | - | ||
| 0.05% | $10,000 | - | ||
| 0.05% | $1,000 | - | ||
| 0.05% | $1,000 | - | ||
| 0.03% | $1,000 | - | ||
| 0.01% | $10,000 | - | ||
| 0.01% | $1,000 | - |
BestCashCow strives to maintain the most accurate rates. If you find a rate that is not accurate, please let us know by commenting below so that we can update it. Thank you for your help.
A certificate of deposit (CD) is a savings product offered by a bank in which a depositor (someone who has money to put into the bank) agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.
The time period in which money is held in a certificate of deposit is called the term. Terms can run for any period of time but in general, banks use the following terms: 3 months, 6 months, 12 months, 18 months, 24 months, 36 months, 48 months, and 60 months. Terms can either be described in months or years. The term that is right for each individual depends on their goals, the rate they which to earn, and their future plans for the money. In general, if rates are going up, savers should avoid putting the money into a long-term CD. If rates are going down, then the opposite is true, and savers should try and lock into a good rate for an extended period of time. In stable rate environments, CDs that are over 12 months in length can enable depositors to pick up a slight premium over savings accounts.
Almost all banks provide CDs to their consumers and they have been a mainstay of savers and retirement accounts for years. If FDIC insured, the CD represents a safe place to put money that will generate a predictable return.
Inflation is the main risk of a CD. Inflation can often run higher than the inflation adjusted return on a CD, thus eroding the value of the money stored in the CD over time. This is especially true for longer-term CDs opened in low interest rate environments.
The method of distributing the interest earned on a CD varies by bank. Some banks pay interest monthly, other semi-annually, and others at the maturity of the CD. One advantage of a branch-based bank is that a depositor can walk into the bank and receive their interest that day in the form of a check. Online banks tend to use electronic funds transfer or check via mail.
Since the financial crisis in 2008, CDs have become less popular because the yields they offer have dropped precipitously, making it difficult for retirees and savers to generate sufficient income. But investors looking for a place to stash some cash might still find CDs an attractive place for some of their savings. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.
When interest rates are falling, it is often preferable to lock in high rates for an extended period of time with a longer-term CD. When interest rates are rising, depositors should avoid committing their money for long periods of time. To see interest rate trends, visit the BestCashCow rate analysis page.
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.
Find out how much extra money you can earn by moving your bank money into an account that pays more.
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Max
June 07, 2016
The Chase rates are not correct, in fact Chase never heard of these rates, if they are correct please inform Abilene and Dallas, I could use the rate as small as it may be, but better than most, if they exist. Thanks
Is this review helpful? Yes:99 / No:12
joan
June 06, 2016
florida community bank 1.40% -9 months good all of june 2016
Is this review helpful? Yes:99 / No:15
Tammie H.
April 19, 2016
Hello,
I was just wondering if the rates posted on this site were current?
I noticed at the top it does have todays date.
Thank you.
Is this review helpful? Yes:94 / No:16
boo
April 13, 2016
rates suck
Is this review helpful? Yes:49 / No:11
Dan
March 14, 2016
The local offerings are there. Just put in your zip code. Click the link that says: Change zip.
Is this review helpful? Yes:45 / No:12
F Jamees
March 14, 2016
Where are the local offerings of 71913. They use to be for local banks, we miss them. F James
Is this review helpful? Yes:46 / No:9
Larry Triemer (ltriemer@yahoo.com)
March 02, 2016
I stopped receiving my weekly bank rates and wanted you to resume sending them. I registered today, again, using my work e-mail and would like for you to send them to the abovementioned e=mail address.
Thank you,
Larry Triemer+
Is this review helpful? Yes:44 / No:12
jim
February 12, 2016
bank of Ontario (Ontario wi) offering 1 year ira cd for 1.9%
Is this review helpful? Yes:52 / No:9
mike
February 07, 2016
Why can banks 100 miles away offer rates 5 to 6 time higher on a one year CD , seems banks and or there management in this area simply refuse to be competitive and show no respect for the people , neighbors and area they live and work in.
Is this review helpful? Yes:60 / No:15
Braun
December 30, 2015
@Brian. Click the tabs at the top. You can choose the rate term you want.
Is this review helpful? Yes:50 / No:10
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