If you’re a current California, New York City, or New Jersey residents, then you will have the opportunity to apply for the HAB Bank Certificate of Deposit in-branch and reap 1.78% APY for a 12 month CD Special or upwards of 2.08% APY for a 24 month CD Special. Note that minimum opening deposit value is firm at $5,000 or more. They also have terms spanned from 1 months to 7-years with a 5-year CD special set at 2.50% APY. I definitely recommend CD laddering with these rates and since your every deposit is secured by the FDIC, you’ll receive the lowest-risk investment possible and highly respectable returns.
Editor’s Note: The 12 Month and 24 Month CD Special is only available in-branch.
HAB Bank CD Summary:
- Account Type: CD account
- APY Rates:
- CA/NYC/NJ Rates
- 1.78% APY – 1 Year CD Special
- 2.08% APY – 2 Year CD Special
- 2.30% APY – 3 Year CD Special
- 2.50% APY – 5-year CD Special
- CA/NYC/NJ Rates
- Availability: CA, NYC, NJ
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $5,000
- Additional Requirements: None
- Early Withdrawal Fee: Penalties applicable if early withdrawal prior to maturity occurs.
- Auto-Renewal: Not Specified
HAB Bank Best CD Rates:
HAB Bank sits pretty on our board of Best 1-Year CD Rates, Best 2-Year CD Rates, Best 3-Year CD Rates,and Best 5-Year CD Rates, however, since these rates aren’t consistent online, nor nationwide, you’ll be seeing it under the “Best CD Rates – State/Local” list. Not too shabby of HAB Bank on their CD specials. Rates do change variably, so if you’re interested, be sure to hop on this offer as soon as possible. Laddering is advised.
HAB Bank CD Account Features:
- Minimum opening deposit requirement of $5,000
- Flexible CD Terms up to 5 years (2.50% APY)
- Low-risk Investment
- Interest is compounded daily and credited monthly
- FDIC Insured up to $250,000
Conclusion:
HAB Bank currently has their 12 Month CD Special firm at 1.78% APY and their 24 Month CD Special set at 2.08% APY, up for in-branch grabs only. This is your chance to get exceptional rates at a low-risk investment tier. All you’ll need to meet is $5,000 in minimum deposit value and you’ll be actively pursuing the best rates in California, New York City, and New Jersey. Be mindful that these are CD specials, so they risk higher chances of variable rate change, so be sure to lock in this rate asap if you’re eligible! Be sure to also see our complete list of the Best National CD Rates for all your banking 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.