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Competitive 3-Year CD Rate at Riverside Bank in New York - Local Only

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Riverside Bank (NY)

Riverside Bank is offering a special 3-year CD with a very competitive rate of 3.00% APY. Minimum deposit is $25,000. This rate is listed in the bank's CD rates page as of 5/26/2010. I confirmed with the CSR this morning that this rate is still valid, but she wasn't able to say how much longer it'll last.

A branch visit appears to be required to open an account. Remember to always call the bank to ensure you'll qualify for the rate before planning a long drive. Branches are located in the New York cities of Poughkeepsie, Newburgh and Fishkill.

The bank's ratings for safety and soundness are strong: 5 stars (superior) at BauerFinancial, 4 stars (sound) at Bankrate.com and an overall health score of 4 out of 5 at DepositAccounts.com (see our Riverside Bank rates and reviews page). The bank has been a FDIC member since 1988 (FDIC Certificate # 27181).

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To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.


  Tags: Riverside Bank (NY), New York, CD rates

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Comments
3 Comments.
Comment #1 by Anonymous posted on
Anonymous
POOF! -> Gone

1
Comment #2 by Anonymous posted on
Anonymous
Double poof

-1
Comment #3 by Anonymous posted on
Anonymous
Local means local, I leave 20 miles away and no good. I don't qualify. Riverside means right in their backyard.

1