bank rates

New York Deal Pays 1.5% On 17-Month CD

Summit Federal Credit Union is treating its more than 80,000 members to 1.50% APY on a 17-month CD through the end of the year.

That’s a quarter of a percentage point more than the top nationally available 12-month CD rate on our CD Rates Leaderboard.

Summit serves western New York and requires a minimum deposit of $500 in new money, or funds not already on deposit at the credit union, to buy one of these CDs.

Members can make the purchase over the phone, by mail or at one of the credit union’s 18 branches in Buffalo, Cortland, Rochester, Seneca Falls and Syracuse.

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