Dedicated to Deposits: Deals, Data, and Discussion

5.50% 16-Month / 5.35% 8-Month CD at a New York CU (Bethpage)


Bethpage FCU is offering a 5.50% APY 16-month certificate. The interest rate is 5.35% and the minimum deposit is $1,000. Dividends are paid monthly. There's also a special 8-month CD with a yield of 5.35% APY.

Bethpage had a very similar CD special this time last year with rates about 0.50% less.

The credit union's field of membership includes residents of Nassau county or Suffolk county with the exception of the townships of East Hampton, Southampton and Shelter Island. This includes most of Long Island, New York.

The credit union is federally insured by the NCUA. It's a large credit union with $2.4 billion in assets and 140,715 members.

Thanks goes to the reader who mentioned this CD special in the finding deals post.