bank rates

New York Deal On 12-, 24-Month CD Rates

Atlas Bank is offering these rates with a $2,500 minimum depositNew York’s Atlas Bank is celebrating the first anniversary of its Staten Island branch with special 12-month and 24-month CD rates.

With a $2,500 minimum deposit, it’s offering:

  • 1.51% APY for 12-month CDs.
  • 2.22% for 24-month CDs.

The 24-month CD rate beats the top nationally available rate for that term by nearly a half percentage point; the 12-month CD is one-tenth of a half percentage point better than its term leader. (Check out our latest CD Rates Leaderboard.)

You don’t need to be a New York resident to purchase these certificates of deposit, but you do have to visit Atlas Bank (www.atlasbank.com) in person. There are two branches: in Brooklyn, at 689 Fifth Ave., and in Staten Island, at 339 Sand Lane.

Both branches can be reached by calling 718-768-4800.

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

Don't miss out on the next bank deal. Get the newest deals delivered straight to your inbox!

Comments (1)
1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 5.00 out of 5)
Loading...
One Existing Comment
  1. Mike at Bankaholic said:
    on May 17th at 11:01 am

    The bank has lowered its 12- and 24-month CD rates. But as of May 17, it was offering 3-year CD rates of 2.33%. That’s 16 basis points better than the top nationally available deal on our CD Rates Leaderboard.