Bank of Utica is offering residents of New York a chance to take advantage of a host of account rates and lengths to fit all your banking needs. With a new CD account, you will most definitely find an account to cater to your savings goals, whether it be short term or long term.
Right now, the bank is offering an attractive 3.50% APY 5-Year CD Rate when you sign up and provide a $500 minimum opening deposit into your new account. In addition, you will gain access to all the great features and service the bank has to offer. If you are interested, I suggest you apply as soon as you can!
Bank of Utica CD Account Summary:
- Direct Link to Offer
- Account Type: CD account
- Current Promotion: 3.50% APY 5-Year CD
- Increased APY Rates/Balance Requirements:
- 5-Year CD Term:
- 3.50% – $500
- 5-Year CD Term:
- APY Rates/Balance Requirements:
- 0.30% APY for 1-3 Month CD – $10,000
- 0.60% APY for 3-6 Month CD – $5,000
- 1.00% APY for 6-12 Month CD – $2,5000
- 2.50% APY for 1-2 Year CD – $500
- 2.75% APY for 2-3 Year CD – $500
- 3.00% APY for 3-4 Year CD – $500
- 3.50% APY for 4-5 Year CD – $500
- Availability: NY (Bank Locator)
- Soft/Hard Pull: Unknown, let us know
- Minimum Balance Requirement: $500
- Additional Requirements: See below
- Early Withdrawal Fee: Penalty Imposed
- Auto-Renewal: None listed, check with CSR
Bank of Utica Best CD Rates:
Simply put, Bank of Utica has consistently been ranked nicely across the board from our Best 5-Year CD Rates in the local section. If you are looking into a generous APY rate, then the wide range of lengths and CD rates are definitely worth checking out. However, if you’re interested in making a higher rate than a traditional savings account, make sure to take advantage of this limited time special offer. Note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.
Bank of Utica CD Account Features:
- Open and earn with just $500 for most accounts
- Compounds quarterly for most accounts
- Offers wide range of CD terms
- FDIC insured of up to $250,000
Conclusion:
Bank of Utica has been consistently ranked among one of the highest in terms of CD rate offerings as well as customer satisfaction. With their current range of rate, you will definitely be able to find one that fits all your needs. If you are looking for a short term, there is a 6-month CD option for you. On the other hand, if you would like a longer length, then definitely check out the 60-month CD!
However, I would definitely recommend 3.50% APY 5-Year CD Special for its high rate and low deposit requirement. At the end of the day, if you would like to start a new banking experience for the year ahead, be sure to open your CD account today! However if you are not interested or looking for more options, be sure to browse our complete list of the Best National CD Rates for all your savings needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.