3.25% 4-Year CD at Bogota Savings Bank in New Jersey - Local Only

Bogota Savings Bank is offering some competitive CD and IRA CD rates. The most competitive is the 4-year CD which has a 3.25% APY. Other decent deals include a 2.25% APY 2-year CD and a 1.90% APY 18-month CD. Minimum deposit is $1,000. These rates are listed in the bank's rates page as of 2/26/2010.

In addition to CD rates, there's also a good deal on a money market account. The top rate is 1.50% APY as of 2/26/2010 for a minimum balance of $50K.

It appears that a branch visit is required to open an account. Branches are located in Bogota and Teaneck, New Jersey.

The bank's ratings for safety and soundness are strong: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 9/30/09 financial data. The bank has been a FDIC member since 1937 (FDIC Certificate # 29941).

Hat tip to Wil who mentioned this 4-year CD in the comments.