Dedicated to Deposits: Deals, Data, and Discussion

2.45% 9-Month CD at Eastbank in New York - Local Only


Eastbank is offering a competitive 9-month CD with a rate of 2.45% APY. Minimum deposit is $2,500. The rate is listed at the bank's rate table as of 5/13/09.

It appears a branch visit is required to open an account. Branches are located in New York City and in Flushing.

Based on the look of their website, they appear to do a good job at keeping expenses low. Perhaps that's why they have such strong financial ratings for safety and soundness: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Both ratings are based on 12/31/08 financial data. The bank has been FDIC insured since 1984 (FDIC Certificate # 25749).

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, CD rates, Eastbank

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