Best 18-Month CD Rates in New York, NY

You are viewing rates from banks across New York

Below are eighteen-month Certificates of Deposit (CD) rates from banks in New York . Eighteen Month CDs offer a bit more yield than 1-year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

NY - December 21, 2024

18 Month CD National Average : 0.58% ^?

Banks	APY	MIN	MILES ^?
TrustCo Bank	4.25%	$500	-	Learn More
Rate History: 0.10% → 4.25%
Mark Fitzpatrick \| Apr 4, 2016 I been with trustco for years and it is well run. They really are a home town bank. As a small business person i appreciate the business card stand they have in the branches for there customers. I was w... Read More Reviews (1)
Maspeth Federal Savings and Loan Association	4.25%	$1,500	-	Learn More Add Review
Rate History: 5.00% → 5.50% → 4.25%
New Millennium Bank	4.20%	$500	-	Learn More Add Review
Rate History: 4.25% → 4.85% → 4.50% → 4.00% → 4.20%
Sterling Bank and Trust, FSB	4.15%	$500	-	Learn More
samcasino \| Jan 30, 2021 Sterling hasn't offered a 1% rate for over a year. Best one can do now is .20%. The rates shown on this site are grossly outdated. Read More Reviews (1)
Empire State Bank	4.00%	$1,000	-	Learn More
Rate History: 4.50% → 3.00% → 4.50% → 4.00%
Papa \| Jul 31, 2020 Reduced savings rate from 1.88% to .75% a day after I deposited a substantial amount of money and no notice given or reduction in rate told to me Read More Reviews (1)
Spring Bank	4.00%	$250	-	Learn More Add Review
Rate History: 5.00% → 4.00%
Banesco USA	3.90%	$1,000	-	Learn More
Early Withdrawal Penalty is 180 days interest. Rate History: 0.50% → 4.50% → 4.30% → 4.20% → 3.90%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Citibank, National Association	3.85%	$0	-	Learn More
Rate History: 2.50% → 2.00% → 3.75% → 2.45% → 3.85%
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (11)
Capital One, National Association	3.80%	$0	-	Learn More
Rate History: 4.50% → 4.45% → 4.25% → 3.90% → 3.80%
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (14)
Bank of Hope	3.79% 0.30%	$250,000 $1,000	-	Learn More
Rate History: 4.35% → 3.95% → 4.10% → 3.80% → 3.79%
NORTY FLATZ \| Dec 3, 2019 Have done business with "Hope's" San Diego branch for a few years. Always courteous and helpful. Looking forward to doing business with them in the future. Read More Reviews (1)
Ballston Spa National Bank	3.62% 0.45%	$501 $500	-	Learn More Add Review
Rate History: 3.50% → 3.47% → 3.57% → 3.47% → 3.62%
Ponce Bank	3.60%	$1,000	-	Learn More Add Review
Rate History: 4.50% → 4.75% → 4.27% → 3.60%
Ridgewood Savings Bank	3.55%	$100	-	Learn More
Rate History: 5.00% → 5.05% → 4.15% → 4.10% → 3.55%
an \| Apr 25, 2022 We would not be having all this trouble with people sealing money out of other people's bank accounts if we were to just stop using fancy banking like onlinebanki Read More Reviews (5)
Solvay Bank	3.50%	$500	-	Learn More Add Review
Rate History: 1.50% → 1.75% → 4.25% → 4.00% → 3.50%
The First National Bank of Long Island	3.50%	$500	-	Learn More Add Review
Rate History: 3.00% → 4.75% → 4.50% → 4.25% → 3.50%
Cross County Savings Bank	3.45%	$500	-	Learn More Add Review
Rate History: 3.45% → 3.35% → 3.50% → 3.45%
Apple Bank for Savings	3.25%	$1,000	-	Learn More Add Review
Rate History: 3.50% → 3.25%
Hanover Community Bank	3.25%	$500	-	Learn More
Rate History: 4.00% → 3.00% → 4.00% → 3.50% → 3.25%
Douglas H \| Feb 5, 2020 The employees of this bank are helpful but the bank's systems and procedures for obtaining your account information STINK. If you want a bank that provides you quarterly (or even annual) statements by mai... Read More Reviews (2)
Habib American Bank	3.00%	$1,500	-	Learn More
Rate History: 2.65% → 3.00%
Ryan \| Feb 13, 2018 Is it legal to bring someone into the branch and shake them down and threaten them when they want to redeem their CD upon maturity (as opposed to allowing it to automatically renew)? If not, these guys an... Read More Reviews (2)
M.Y. Safra Bank	2.75%	$0	-	Learn More
Richard \| Jul 1, 2022 Very easy opening process and wonderful staff. Read More Reviews (6)
Genesee Regional Bank	2.25%	$500	-	Learn More Add Review
Rate History: 1.00% → 2.25%
International Bank of Chicago	2.00%	$1,000	-	Learn More
Mandy \| May 8, 2021 Location: 5069 N. Broadway Chicago IL 60640 Read More Reviews (5)
JPMorgan Chase Bank, National Association	2.00%	$10,000	-	Learn More
Rate History: 3.00% → 2.50% → 2.00%
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (18)
USAA Federal Savings Bank	1.80%	$1,000	-	Learn More
Rate History: 4.65% → 4.20% → 4.05% → 2.80% → 1.80%
RYAN S \| Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More Reviews (2)
Hingham Institution for Savings	1.75%	$1,000	-	Learn More Add Review
PCB Bank	1.51%	$1,000	-	Learn More Add Review
Champlain National Bank	1.51%	$500	-	Learn More Add Review
Rate History: 1.50% → 1.51%
United Orient Bank	1.25%	$500	-	Learn More Add Review
Ulster Savings Bank	1.03%	$10,000	-	Learn More Add Review
TD Bank, National Association	1.00%	$10,000	-	Learn More
Rate History: 4.50% → 1.00% → 4.00% → 1.00%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
Rhinebeck Bank	0.85%	$10,000	-	Learn More
Customer 12603 \| Nov 26, 2018 This is a terrible bank. The employees are rude and do not care. The auto lender ratio is very high, which could affect their bottom number. Don’t use this bank, there are other stable banks in the area ... Read More Reviews (1)
Wallkill Valley Federal Savings and Loan Association	0.76%	$500	-	Learn More Add Review
Geddes Federal Savings and Loan Association	0.70%	$10,000	-	Learn More Add Review
Hamlin Bank and Trust Company	0.70%	$10,000	-	Learn More Add Review
Amerasia Bank	0.66%	$10,000	-	Learn More
Chang \| Aug 19, 2021 Best Service! Read More Reviews (3)
BNB Bank	0.65%	$10,000	-	Learn More Add Review
The Delaware National Bank of Delhi	0.65%	$10,000	-	Learn More Add Review
Hanmi Bank	0.65%	$100,000	-	Learn More Add Review
Global Bank	0.65%	$10,000	-	Learn More Add Review
Provident Bank	0.60%	$10,000	-	Learn More
Abraham Farber \| May 14, 2015 looking to refinance into a fixed equity 15 yr loan, I have now a 1st Mortg & equity line total of about 218000. looking to get about 360 & pay off the old ones & have extra, I have a 4 unit house were we ... Read More Reviews (1)
Pioneer Bank	0.60%	$10,000	-	Learn More Add Review
Rondout Savings Bank	0.60%	$10,000	-	Learn More
pessy \| May 22, 2023 The Bank Rondout Savings Bank is SCAM and bad company This is horrible bank , the loans insisted that I must come in the office before they will review my application for loan. But Everything is done onli... Read More Reviews (2)
Walden Savings Bank	0.60%	$10,000	-	Learn More Add Review
Metropolitan Commercial Bank	0.60%	$10,000	-	Learn More Add Review
Alma Bank	0.60%	$10,000	-	Learn More Add Review
First Citizens Community Bank	0.55%	$100,000	-	Learn More Add Review
Carthage Federal Savings and Loan Association	0.50%	$10,000	-	Learn More Add Review
Berkshire Bank	0.50%	$10,000	-	Learn More
Run \| Jan 12, 2021 They put paychecks on hold for a day so don’t expect your paycheck right away and they don’t answer their phones Read More Reviews (2)
PCSB Bank	0.50%	$10,000	-	Learn More Add Review
Catskill Hudson Bank	0.50%	$10,000	-	Learn More Add Review
Citizens & Northern Bank	0.50%	$100,000	-	Learn More Add Review
Peoples Security Bank and Trust Company	0.50%	$1,000	-	Learn More Add Review
Rate History: 0.25% → 0.50%
The Bank of Greene County	0.50%	$10,000	-	Learn More Add Review
Carver Federal Savings Bank	0.50%	$10,000	-	Learn More Add Review
Hanmi Bank	0.50%	$10,000	-	Learn More Add Review
Industrial and Commercial Bank of China USA, National Association	0.50%	$100,000	-	Learn More Add Review
The Putnam County National Bank of Carmel	0.48%	$10,000	-	Learn More Add Review
The First National Bank of Groton	0.45%	$100,000	-	Learn More Add Review
Royal Business Bank	0.45%	$10,000	-	Learn More Add Review
CNB Bank	0.43%	$10,000	-	Learn More Add Review
NBT Bank, National Association	0.40%	$10,000	-	Learn More Add Review
Tioga State Bank	0.40%	$10,000	-	Learn More Add Review
Jeff Bank	0.40%	$100,000	-	Learn More Add Review
Bank of Millbrook	0.40%	$10,000	-	Learn More Add Review
Industrial and Commercial Bank of China USA, National Association	0.40%	$10,000	-	Learn More Add Review
Watertown Savings Bank	0.36%	$10,000	-	Learn More Add Review
The First National Bank of Groton	0.35%	$1,000	-	Learn More Add Review
The Upstate National Bank	0.35%	$100,000	-	Learn More Add Review
Five Star Bank	0.35%	$500	-	Learn More
Delores Thompson, FD Investments - Rochester, NY \| Aug 1, 2016 Currently looking for a list of non- performing loans on properties in the Western, New York area. Not sure where to obtain this information from Five Star, but if you would forward this request to the cor... Read More Reviews (1)
Alden State Bank	0.35%	$500	-	Learn More Add Review
Savannah Bank National Association	0.35%	$10,000	-	Learn More Add Review
The Berkshire Bank	0.35%	$10,000	-	Learn More Add Review
Metro City Bank	0.33%	$1,000	-	Learn More
thedon \| Mar 29, 2020 have been waiting 8 weeks - yes 8 weeks for a closing date from this bank ..... they keep giving flimsy excuses requesting insignificant and unnecessary paperwork from us ( the seller ) the buyers who know... Read More Reviews (1)
Cathay Bank	0.30%	$50,000	-	Learn More Add Review
Pathfinder Bank	0.30%	$10,000	-	Learn More Add Review
The Lyons National Bank	0.30%	$10,000	-	Learn More
william bridson \| Apr 5, 2024 need to deposit loose change Read More Reviews (1)
First Citizens Community Bank	0.30%	$10,000	-	Learn More Add Review
Citizens & Northern Bank	0.30%	$10,000	-	Learn More Add Review
Wayne Bank	0.30%	$10,000	-	Learn More
MoonShadows Farm \| Jan 26, 2024 I have been with Wayne Bank for almost 3 years after moving all of my accounts from Hells Fargo. Since then, I have had so many problems with depositing checks with my iPhone. (phone upgraded twice sinc... Read More Reviews (1)
Jeff Bank	0.30%	$1,000	-	Learn More Add Review
Kearny Bank	0.30%	$500	-	Learn More Add Review
Cayuga Lake National Bank	0.25%	$100,000	-	Learn More Add Review
The First National Bank of Dryden	0.25%	$10,000	-	Learn More
Robert Wilson \| Sep 13, 2018 I was going to open an account, but turned around and walked out when they told me it will take 90 Days to get my Debit Card? Really? 90 Days?? NO THANKS. I went to their Competitor!!! Read More Reviews (1)
Seneca Savings	0.25%	$10,000	-	Learn More Add Review
Shinhan Bank America	0.25%	$10,000	-	Learn More
Lori Kroko \| Mar 10, 2021 I think that it is absolutely despicable that I have been a customer of the Bank for more than 8 years and I bring in rolled coins with my account number on each wrapper and I am charged 5% fee. Cost me $3... Read More Reviews (1)
KEB Hana Bank USA, National Association	0.25%	$10,000	-	Learn More Add Review
Lake Shore Savings Bank	0.20%	$500	-	Learn More Add Review
Adirondack Bank	0.20%	$1,000	-	Learn More
Rate History: 3.25% → 0.20%
Ed \| Jan 5, 2018 BEWARE of their Home Equity Loan practices. Towards the end of the process, after you've complied with all their requests and are on the hook for lots of fees if you cancel, they demand that all of your cr... Read More Reviews (1)
Chemung Canal Trust Company	0.20%	$10,000	-	Learn More Add Review
Cayuga Lake National Bank	0.20%	$10,000	-	Learn More Add Review
Webster Bank, National Association	0.20%	$10,000	-	Learn More Add Review
Northwest Bank	0.18%	$10,000	-	Learn More Add Review
OceanFirst Bank, National Association	0.15%	$500	-	Learn More Add Review
Cattaraugus County Bank	0.15%	$10,000	-	Learn More
Kimber0122 \| Jan 12, 2018 I've been with this bank for years; it used to be great, with good customer service that made up the for inconvenience of small-town banking with few locations. However, they recently switched to a new on... Read More Reviews (1)
The North Country Savings Bank	0.10%	$500	-	Learn More Add Review
BankUnited, National Association	0.10%	$1,000	-	Learn More Add Review
Community Bank, National Association	0.10%	$100,000	-	Learn More Add Review
Tompkins Community Bank	0.10%	$1,000	-	Learn More Add Review
East West Bank	0.10%	$10,000	-	Learn More
Bauhinia C \| Mar 15, 2023 Oh Natty natty natty, haha the fact you need to take out (probably a second) loan for $160,000 on a $625,000 sends up all kinds of red flags. The bank was right to run away from YOU dear hahaha. Read More Reviews (2)
KeyBank National Association	0.05%	$10,000	-	Learn More
Rate History: 4.75% → 0.01% → 0.05%
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
Community Bank, National Association	0.05%	$10,000	-	Learn More Add Review
Cattaraugus County Bank	0.05%	$100,000	-	Learn More
Kimber0122 \| Jan 12, 2018 I've been with this bank for years; it used to be great, with good customer service that made up the for inconvenience of small-town banking with few locations. However, they recently switched to a new on... Read More Reviews (1)
U.S. Bank National Association	0.05%	$500	-	Learn More
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (2)
PNC Bank, National Association	0.03%	$25,000	-	Learn More
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Bank of America, National Association	0.03%	$100,000	-	Learn More
Treasure \| Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More Reviews (7)

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

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PRODUCT INFORMATION

18 Month CDs - Branch Banks 2024

Banks offer a range of Certificates of Deposit (CD) with 18 month CDs being a popular term. An eighteen month CD obligates the holder to keep their money in the bank for eighteen months in return for a fixed rate of interest during that time period. All eighteen month bank CDs shown on BestCashCow are FDIC insured.

Eighteen month CDs can be opened in almost any bank branch as the are a mainstay of bank deposit products.

The advantages of an eighteen month CD are:

A slightly higher rate than 12 month CDs in return for leaving the money in the bank longer.
A fixed rate during the 18 month period.
FDIC insurance.
Convenience of opening and managing the CD at a local branch.

The disadvantages of an eighteen month branch CDs are:

Rates are generally lower than on the top online savings and CD accounts.
Money is tied up for 18 months. Removing it early results in significant penalties.
Opening in a branch requires a personal visit.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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New York CD Rates – 18-Month

PRODUCT INFORMATION

18 Month CDs - Branch Banks 2024

The advantages of an eighteen month CD are:

The disadvantages of an eighteen month branch CDs are:

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