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Habib American Bank's Top CD & IRA CD Rates In CA, NY & NJ

Tuesday, August 17, 2010 - 8:16 PMHAB Bank - Details
Habib American Bank has been offering very competitive CD and IRA CD rates since my first post on the bank in June. The best rates are in California (as of 8/17/2010):
  • 3.00% APY 36-month CD (3.25% for IRA)
  • 2.50% APY 24-month CD (2.75% for IRA)
Rates in New York and New Jersey are 0.25% lower.

Several readers were concerned about the bank's Pakistan connection (see my review and readers' comments). It's a subsidiary to a major Pakistani company. However, Habib American Bank is a FDIC member.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,611