Dedicated to Deposits: Deals, Data, and Discussion

3.00% 12-Month IRA CD & Other High IRA CD Rates at First National Bank of Long Island in New York


The First National Bank of Long Island
First National Bank of Long Island is offering several competitive rates on its IRA CDs. Below are their best IRA CD rates as listed at the bank's rate table as of 4/05/09:
  • 3.00% APY 1 year
  • 3.25% APY 2 years
  • 3.50% APY 3 years
  • 4.00% APY 4 years
  • 4.25% APY 5 years
  • 4.50% APY 6 years
Minimum deposit is $1,000, and the maximum deposit is $500,000. Promotion ends on 4/15/09. More details are provided at the bank's IRA CD promotions page (pdf). Note, their regular CD rates are much lower.

Branches are located across Long Island, New York.

The bank has strong ratings for safety and soundness: 5 stars (superior) at BauerFinancial (based on 12/31/08 data) and 4 stars (sound) at (based on 9/30/08 data). The bank has beem FDIC insured since 1934 (FDIC Certificate # 7072).

Thanks to the reader who emailed me info on this promotion.

Related Pages: New York, The First National Bank of Long Island, CD rates, IRA rates

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