Dedicated to Deposits: Deals, Data, and Discussion
Amalgamated Bank0.65%$500-7 Month Promotional CD
Accounts mentioned in this post. Rates as of August 22, 2014

Competitive 13-Month CD Rate at Amalgamated Bank in CA, NV, NY, NJ & DC


Amalgamated Bank

Amalgamated Bank is offering a fairly competitive CD special. It's a 1.35% APY 13-month CD. Minimum deposit is $500, and the maximum deposit is $250,000. New money is required, and it's only for personal accounts. This special is listed in the bank's promotions page as of May 4, 2011.

According to the promotions page, a branch visit is required to open the CD. Amalgamated Bank branches are located in New York; New Jersey; Washington DC; Las Vegas, Nevada and Pasadena, California.

The bank has an overall health score at of 2 stars (out of 5) with a Texas Ratio of 43.73% (below average) based on December 2010 data. Please refer to our financial overview of Amalgamated Bank for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 622).

How It Compares

There are two nationally available 12-month CDs with rates a little higher. These include Melrose Credit Union with a 1.41% APY 1-year CD and Doral Bank Direct with a 1.40% APY 1-year CD.

To search for the best CD rates nationwide and in your state, please refer to our CD rates table.

  Tags: Amalgamated Bank, CD rates, New York, New Jersey, Nevada, California

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