Long Island City Banking Rates > CD Rates

Long Island City CD Rates

As a recent transplant from NYC to Long Island City New York, you plan on investing the rent to save for a down purchase. Since you are already used to spending the extra hundreds of dollars a month on rent, take the spare cash and directly transfer it into an investment portfolio. By utilizing Long Island City Bank Rates to locate the best CD rates available in Long Island City, NY you will be able to grow a tidy nest egg.

With a high Long Island City CD Rate, not touching the principal and letting the money compound, you will grow a sizable portfolio. With your expanding investments you’ll be able to bank today for a great future in Long Island City tomorrow.

Current Long Island City CD Rates News

03/10/10

US banks' loan losses will drag into 2011 -Moody's

Moody's latest report on the US banking sector maintains the credit rating agency's forecast that the banks it rates are facing $536 billion of loan ...

03/10/10

State Unemployment Rate Ties Record High

She was laid off after 12 years in the banking industry. A year ago she was counting money and now, she's clicking through online job ads. ...

Best Long Island City CD Account Rates

Featured Rate		Bank / Credit Union	Account Type
2.05% As of February 8, 2010	View Rate Details	Discover Bank	CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)		Bank / Credit Union	Account 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

	Rate Change	Date
North Shore Lij Health System Credit Union - 6 Month CD Account	1.35% to 1.25%	Mar 5, 2010
Municipal Credit Union - 6 Month CD Account	1.00% to 0.75%	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

See All CD Account Rates

Best CD Rates, IRAs and Investments in Long Island City

Long Island City 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 Long Island City 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. Long Island City Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

CD Rates When Interest Rates are Falling in Long Island City, NY

A clear advantage of investing in CD’s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from Long Island City Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.

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Recent CD Rates Articles from Go Banking Rates

Check Rates in These Cities Near Long Island City:

Serving the Following Long Island City Zip Codes:

Mount Vernon	Long Island	White Plains
Rochester	Yonkers	Staten Island
Brooklyn	Syracuse	Bronx
Jamaica	Great Neck	Flushing
Buffalo	Albany	Manhattan

11101, 11102, 11103, 11104, 11105, 11106, 11109, 11120

Other Long Island City Specials: Long Island City Insurance Rates