Dedicated to Deposits: Deals, Data, and Discussion

5.67% 12-Month / 5.56% 36-Month CD at Statebank of India - New York ($95K+)

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Yields are up again at Statebank of India with the top yield of 5.67% APY on terms of 6 and 12 months. This top yield requires a minimum deposit of $95,000. The yield is 5.56% APY for a $50k minimum and 5.46% APY for a $5k minimum. The 2 and 3 year CD rates are also competitive at 5.56% APY. The rate table has a date range of 9/5/07 to 9/18/07. These CDs are offered through the bank's New York branch and can be opened by mail.

I first reported on this bank in November 2005. They have often had competitive CD rates and have advertised on Bankrate.com. My last report on this bank was in July. Their rates have fluctuated since then. The bank is FDIC insured (FDIC Certificate # 33682).

Related Pages: New York, CD rates

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