1.25% 7-Month CD At Northfield Bank In NY & NJ

This may seem like a low rate, but unfortunately, it's very competitive compared to what other banks are offering for terms around 6 months.

Northfield Bank is listing a 1.25% APY 7-month CD in its rate table as of 12/12/2010.

It appears to require a branch visit. Branches are located in Staten Island and Brooklyn, New York and in New Jersey.

Yesterday I posted on the bank's $150 checking account promotion in the checking account forum.