bank rates

New York Deal: 2.015% On 2-Year CDs

In these days of slowly recovering CD rates, 2.00% APY is considered a top-tier return for 48-month certificates.

Yet some lucky savers can earn that rate with just half the time commitment.

Wallkill Valley Federal Savings and Loan is paying 2.015% APY on its 24-month CDs, available to residents of Orange and Ulster counties in New York’s mid-Hudson Valley.

That’s a full two-thirds of a point higher than the top nationally available return of 1.35% APY on our CD Rates Leaderboard.

In fact, we haven’t seen a national deal this good since November 2010.

This certificate of deposit requires a $2,500 minimum deposit and must be purchased in-person at one of Wallkill Valley’s four branches, located in Wallkill, Milton, Highland Falls and Maybrook.

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