Competitive 5-Year CD Rate at Northfield Bank in NY & NJ - Local Only

Northfield Bank is offering a 3.25% APY 60-month certificate of deposit. Minimum deposit is $2,500. This rate is listed in the bank's rates page as of 4/25/2010.

It appears that a branch visit is required to open an account. Branches are located in Staten Island and Brooklyn, New York and in New Jersey.

Northfield Bank's ratings for safety and soundness are above average: 5 stars (superior) at BauerFinancial (based on 12/31/09 data) and 3 stars (performing) at Bankrate.com (based on 9/30/09 data). The bank has been a FDIC member since 1983 (FDIC Certificate # 28710).

Searching for the Best CD Rates

It's getting hard to find 5-year CD yields above 3.25%. There are a few listed in the 5-Year CD rates section of DepositAccounts.com.