Bronx CD Rates

The stock market is down, the dollar is weak and a recession could be coming. Despite that, it is important to bank and save. Now is the time to investigate secure and insured certificate of deposit rates in the Bronx which will provide a safe haven for making your money grow. Bronx Banking Rates is an excellent resource for comparing interest rates so your money can live up to its fullest earning potential.

Get Best Rates

With a great Bronx CD rate and your efforts, pennies will grow into dollars and eventually amass into a mound of money. Keep fighting the good financial fight and let Bronx Banking Rates provide you with information regarding your investment options.

Current Bronx CD Rates News

03/09/10

Fed tells Florida bank to raise capital or find buyer

Within 30 days, Horizon Bank also must submit an acceptable plan and timetable to the Federal Reserve Bank of Atlanta for conforming interest rates paid on ...

03/09/10

OTS lifts order on First Marblehead's bank unit

Private student loans aren't guaranteed by the government and carry higher interest rates. As the recession worsened, more customers have fallen behind ...

 

Best Bronx CD Account Rates

Featured RateBank / Credit UnionAccount Type
2.05%
As of February 8, 2010

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CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)Bank / Credit UnionAccount Type
2.75%
As of October 22, 2009
View Rate Details Montauk Credit Union CD Account
2.32%
As of February 8, 2010
View Rate Details Mizuho Corporate Bank (USA) CD Account
2.15%
As of January 12, 2010
View Rate Details Nassau Educators Credit Union CD Account
2.15%
As of October 22, 2009
View Rate Details Westchester Credit Union CD Account
2.01%
As of January 12, 2010
View Rate Details Long Island State Employees Credit Union CD Account
Bank / Account TypeRate ChangeDate
  Municipal Credit Union - 6 Month CD Account 1.00% to 0.75% Mar 5, 2010
  North Shore Lij Health System Credit Union - 6 Month CD Account 1.35% to 1.25% Mar 5, 2010
  Provident Municipal Bank - 6 Month CD Account 0.90% to 0.50% Mar 5, 2010
  Lij Employees Credit Union - 6 Month CD Account 1.35% to 1.25% Mar 4, 2010
  Ibm Metro Employees Credit Union - 6 Month CD Account 1.51% to 1.51% Mar 3, 2010
 

Types of Investment Income

The most difficult, and important, decision to make when investing your hard-earned money is which type of investment account should you choose. Certificate of deposits mature at a fixed rate on a fixed length of time, so you know what you’re getting up front. Mutual Funds may give a higher return, but are risky because they rely on the success of the stock market and the choices of the firm doing the investing on your behalf. Be sure to do your research on Bronx Banking Rates before you decide.

Common types of investment income accounts:

  • Certificate of Deposits (CDs)

  • IRAs
  • Savings Bonds
  • Stock and Mutual Funds
  • Money Market Accounts (MMAs)

No matter what type of investment you decide to make, or even if you’re just seeking more information to help you make the right decision, Bronx Banking Rates can help make that decision easier.

Submit your information today to learn more and see available rates for CD rates and investments.

Best CD Rates, IRAs and Investments in Bronx

Bronx Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

Many local Bronx credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Bronx Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

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Check Rates in These Cities Near Bronx:

Serving the Following Bronx Zip Codes:

AlbanyManhattanStaten Island
White PlainsFlushingLong Island
BuffaloSyracuseLong Island City
JamaicaRochesterBrooklyn
Great NeckYonkersMount Vernon
10451, 10452, 10453, 10454, 10455, 10456, 10457, 10458, 10459, 10460, 10461, 10462, 10463, 10464, 10465, 10466, 10467, 10468, 10469, 10470, 10471, 10472, 10473, 10474, 10475, 10499

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