Habib American Bank, a federally insured bank, with locations in New York, New Jersey and California is offering competitive IRA CD rates.
If you are a resident of New York looking for the best IRA CD rate, Habib American Bank Manhattan branch offers the following IRA CDs:
- 1 month – 1.25%APY
- 3 months – 1.75%Apy
- 6 months – 2.00%APY
- 9 months – 1.75%APY
- 12 months -2.25%APY
However, Habib American Bank Califonia branch offers better IRA CD rates. Its 1 month IRA CD is higher by 0.50%APY compared to the rest its branches.
- 1 month – 1.75%APY
- 3, 6, 9 and 12 months – 2.25%APY
The bank’s IRA CD rates for its Queens, New Jersey, and Hicksville branches are the same as the IRA CD rates of its Manhattan branch.
There is a penalty for early withdrawal for those 59 1/2 years of age and below. IRA CD Rates are subject to change.