6.00% 12-Month / 5.75% 9-Month CD at a New York Bank (LibertyPointe)

Jul 21, 2006 - 6:47 PM by Ken Tumin

LibertyPointe Bank is having a CD promotion with four high yield certificates which include a 6.00% APY 12-month CD, a 5.75% APY 9-month CD, a 5.50% APY 6-month CD and a 5.25% APY 3-month CD. All have a minimum required deposit of $5K. This is a limited time offer.

LibertyPointe is a small, one-office branch located in New York city. The bank is FDIC insured. It was establised less than a year ago on October 3, 2005. Consequently, Bankrate does not have a rating for it. From the FDIC data, the bank currently has total assets of $71 million and has 15 employees.

Credit for this find goes to this FW thread.

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Banking Guy

Banking Guy (anonymous) - #1, Friday, July 21, 2006 - 6:52 PM

Forgot to mention: For those in New York City, you may still be able to get a 6.50% APY 1-year CD at HSBC. See post for details.


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