bank rates

Los Angeles Deal On 2-Year CD Rates

Habib American Bank is paying 2.60% APY with a $1,500 minimum depositYou can find 24-month CD rates that are better than the best nationally available deal at Habib American Bank’s two Los Angeles branches.

The institution, owned by Pakistan’s largest bank – Habib Bank Limited – is paying 1.60% APY with a $1,500 minimum deposit.

That’s a tenth of a percentage point better than the best 2-year CDs on our CD Rates Leaderboard.

You must buy these certificates of deposit in person at one of the bank’s two California branches in L.A. or Artesia.

Habib American Bank (www.habibamericanbank.com) also has two New York City branches – in Manhattan and Queens – a branch in Hicksville, N.Y. and a branch in Edison, N.J.

Those branches pay a tenth of a point less on 2-year CDs, matching the top nationally available deal, which you can find at four different banks.

It’s not unusual for Habib American to offer different rates at its different branches, and each time we’ve written about this bank, its California rates have been better than what it offers at its East Coast branches.

See how these returns compare with the best CD rates from scores of banks in our extensive database.

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Comments (2)
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  1. Kathy at Bankaholic said:
    on August 8th at 08:50 am

    These rates are still being offered.

  2. Kathy at Bankaholic said:
    on August 14th at 10:41 am

    You can still get these rates as of today.