Compare the Best Local Rates

Current Interest Rates for Brooklyn, NY Bank Accounts: May 2011

When you opened your Brooklyn bank account, you probably shopped around for the best interest rate you could find first. Have you checked out rates since? In order to ensure you’re always earning all you can, it is important to continually stay up-to-date on current rates in your city. Interest rates change on a daily basis, so it’s your job to keep up with the latest rate adjustments. Brooklyn Banking Rates can help you out this month with a list of the highest bank account rates in Brooklyn today.

Best Brooklyn Certificate of Deposit Rates

Below is a list of the best CD rates in Brooklyn by term length. If you’re not currently earning a similar rate on your certificate of deposit, it might be time to look for a new bank account.

6-Month CD

  • Suma Yonkers Credit Union: 1.51%
  • Lomto Credit Union: 1.15%
  • Eastbank, National Association: 1.01%

12-Month CD

  • Suma Yonkers Credit Union: 1.77%
  • Lomto Credit Union: 1.41%
  • Progressive Credit Union: 1.41%

24-Month CD

  • Suma Yonkers Credit Union: 2.02%
  • Lomto Credit Union: 1.85%
  • Self Reliance (Nj) Credit Union: 1.76%

Current Highest Savings Account Rates in Brooklyn

  • Merck Employees Federal Credit Union: 1.64%
  • Maspeth Federal Savings: 1.05%
  • Suma Yonkers Credit Union: 1.01%

The above rates are accurate as of May 17, 2011 but are subject to change at any time without notice. For fully up-to-date interest rate information visit the Brooklyn Banking Rates CD and Savings Rates pages.