Best Brooklyn CD Rates in January 2012
Since we’ve begun a brand new year, it’s a great opportunity to closely examine your finances and look for opportunities to improve them. When was the last time you checked out your bank accounts? An improvement you can make today is transferring your money to a higher earning investment. CD rates in Brooklyn are competitive if you know where to look, so find out if there’s a bank or credit union in the neighborhood offering a great rate.
Why Brooklyn CD Rates?
One of the greatest pros of choosing Brooklyn CD rates over traditional savings accounts and rates is that they’re often quite a bit higher. This is especially true when it comes to CDs with longer terms. For those who don’t need access to savings for a while, a CD is the higher-earning option.
Highest CD Rates in Brooklyn
6-Month CD Rates
- Suma Yonkers Credit Union: 1.31%
- Lomto Credit Union: 1%
- Island Federal Credit Union: 0.85%
1-Year CD Rates
- Progressive Credit Union: 1.41%
- Suma Yonkers Credit Union: 1.41%
- Maspeth Federal Savings: 1.25%
24-Month CD Rates
- Suma Yonkers Credit Union: 1.67%
- Progressive Credit Union: 1.66%
- Island Federal Credit Union: 1.55%
Please note that the featured Brooklyn CD rates are accurate as of January 23, 2012, but may change in the future at the discretion of the bank or credit union. There may also be additional requirements in order to qualify for an account. Please confirm interest rates before opening an account. You can find the most current interest rates on our Brooklyn CD Rates page.
