Dedicated to Deposits: Deals, Data, and Discussion

3.04% 24-Month CD & Other Top CD/IRA Rates at Atlas Savings in New York

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Atlas Bank
Atlas Savings and Loan Association has some competitive CD and IRA CD rates. The two most competitive CDs are the 15-month term with a 2.53% APY and the 2-year term with a 3.04% APY. For an IRA CD, there's a 36-month term with a 4.08% APY. This is available as a Traditional IRA, Roth IRA and an ESA. Minimum deposit is $2,500 for both the regular and IRA CDs. These rates are listed in the bank's rate table as of 4/15/09.

It's a small bank with one office in located in Brooklyn, New York. It appears a branch visit may be required to open accounts.

I last reported on this bank in January. As you would expect, the rates have fallen, but they remain very competitive.

The bank has strong ratings for soundness: 4 stars (excellent) at BauerFinancial (based on 12/31/08 data) and 4 stars (sound) at Bankrate.com (based on 9/30/08 data). The bank has been FDIC insured since 1955 (FDIC Certificate # 30783).

Other High Certificate of Deposit Rates

For top CD rates nationally available, refer to my weekly rate summary. Many of the best CD deals are only locally available. To find the best deals in your state, refer to the index of state CD and bank deals.

  Tags: New York, Atlas Bank, CD rates, IRA rates

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