M.Y. Safra Bank CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

Today's 12-month CD rates can be found at 2.62%, 6-month CD rates at 0.10% and 3-month CD rates at 3.50%. Current savings rates are at 0.05% and money market rates are at 0.60%. Mortgage rates today on 30-year fixed loans are around 7.00%. Credit Card rates are at 19.24%. Personal Loan rates are at 11.50%. All these rates, and more, can be found in our database of rates. M.Y. Safra Bank's 60-Month CD rates are at 3.00%, 48-Month CD rates are at 3.00%, 36-Month CD rates are at 2.85%, 24-Month CD rates are at 2.75%, 18-Month CD rates are at 2.75%. M.Y. Safra Bank's money market rates are at 2.25%.

M.Y. Safra Bank

To see how these rates compare to M.Y. Safra Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from M.Y. Safra Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with M.Y. Safra Bank CD rates. You can also compare M.Y. Safra Bank savings rates, MMA rates and mortgage rates using our other rate lists.

M.Y. Safra Bank money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at M.Y. Safra Bank? Share your experience about M.Y. Safra Bank by leaving a review below, or read customer reviews before you decide to use M.Y. Safra Bank.

M.Y. Safra Bank Texas Ratio

M.Y. Safra Bank's Texas Ratio is at 1.10%, which is considered excellent. The Texas Ratio for M.Y. Safra Bank is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, M.Y. Safra Bank is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Rate

APY/APR

vs Avg

12-Month CD

2.75%

2.59%

18-Month CD

2.75%

2.30%

24-Month CD

2.75%

2.28%

36-Month CD

2.85%

2.20%

48-Month CD

3.00%

2.12%

60-Month CD

3.00%

2.24%

Savings

N/A

0.68%

MMA

2.25%

1.09%

30-Year Fixed

N/A

6.74%

Credit Card

N/A

14.10%

Personal Loan

N/A

11.27%

M.Y. Safra Bank

499 Park Ave
New York, NY 10022

https://www.mysafra.com

MonitorBankRates' Rating

5/5

★★★★★

Review M.Y. Safra Bank

M.Y. Safra Bank CD Rates and Interest Rates

M.Y. Safra Bank

48-Month CD

3.00%

$500

M.Y. Safra Bank

60-Month CD

3.00%

$500

M.Y. Safra Bank

36-Month CD

2.85%

$500

M.Y. Safra Bank

12-Month CD

2.75%

$500

M.Y. Safra Bank

24-Month CD

2.75%

$500

M.Y. Safra Bank

18-Month CD

2.75%

$500

M.Y. Safra Bank

Platinum Money Market

2.25%

$5,000

M.Y. Safra Bank

6-Month CD

2.25%

$500

Disclaimer

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Compare M.Y. Safra Bank Rates with Other Competitive Bank and Credit Union Rates

Prime Alliance Bank

12-Month CD

4.50%

$500

NASA Federal Credit Union

6-Month CD

4.50%

$1,000

Pacific Crest SB

24-Month CD

4.10%

$2,000

United State Bank Lewistown, MO

12-Month CD

4.07%

$1,000

American Eagle Bank

36-Month CD

4.00%

$5,000

First Southwest Bank

24-Month CD

4.00%

$1,000

First State Bank of Campbell Hill

6-Month CD

3.80%

$500

GCSB Swayzee, IN

54-Month CD

3.80%

$1,000

The Bank of Tescott

18-Month CD

3.78%

Denison State Bank

24-Month CD

3.75%

$500

Salem Five Direct

6-Month CD

3.70%

$2,500

Community Bank of Pleasant Hill

24-Month CD (IntraFi®)

3.70%

$10,000

Wayne Bank and Trust Co.

60-Month CD

3.18%

$1,000

Crossroads Bank Effingham, IL

30-Month CD

3.11%

$2,000

705 Federal Credit Union

48-Month CD

2.78%

$2,500

Seasons Federal Credit Union

36-Month CD

2.75%

$1,000

MountainOne Bank

48-Month CD

2.50%

$1,000

Bradford National Bank

36-Month CD

2.21%

$1,000

First Fidelity Bank Fort Payne, AL

18-Month CD

2.02%

$1,000

Institution for Savings

Business Sapphire Money Market

2.00%

State Bank of St. Jacob

24-Month CD

2.00%

$1,000

Alliance Bank IN

48-Month CD

1.85%

$1,000

Kentucky Farmers Bank

36-Month CD

1.75%

$1,000

Wolf River Community Bank

12-Month CD

1.75%

$1,000

North Side Federal S&L of Chicago

36-Month CD

1.50%

$2,000

Farmers State Bank of Western Illinois

60-Month CD

1.26%

$500

Lisle Savings Bank

E-Savings

1.25%

$50,000

Cape Ann Savings Bank

60-Month CD

1.00%

$500

New Albin Savings Bank

Passbook Savings

1.00%

$200

Penn Community Bank

36-Month CD

1.00%

$500

Hyperion Bank

Consumer Money Market

0.75%

$1,000

PS Bank

48-Month CD

0.70%

$500

First National Bank in Olney

Money Market

0.60%

$1,000

Hometown Bank of PA

60-Month CD

0.60%

$1,000

cfsbank

60-Month CD

0.55%

$1,000

Century Bank and Trust GA

30-Month CD

0.55%

$500

Newtown Savings Bank

60-Month CD

0.50%

$500

State Central Bank

Money Market

0.40%

$1,000

Home Loan SB

6-Month CD

0.35%

$500

Greenfield Co-operative Bank

24-Month CD

0.30%

$500

United Bank of Union

Seniority Checking

0.30%

Farmers State Bank of Western Illinois

Classic Savings

0.25%

$100

United Valley Bank

Valley Savings

0.25%

$200

Bank of Kampsville

Money Market

0.10%

$2,500

Merrimack County SB

Everyday Savings

0.10%

$100

Osgood Bank

Personal Savings

0.10%

$10

United Southern Bank

3-Month CD

0.05%

$1,000

Arlington State Bank

NOW Checking

0.05%

$900

Fulton Savings Bank

Statement Savings

0.05%

$100

First Federal S&L of McMinnville

Regular Checking

0.01%

Disclaimer

Mortgage Rates December 14, 2024

1st Northern California Credit Union

7-Year Fixed

3.990%

4.357%

0.750

1st Northern California Credit Union

10-Year Fixed

4.250%

4.514%

0.750

1st Northern California Credit Union

15-Year Fixed

4.500%

4.685%

0.750

Security Service Federal Credit Union

10-Year Fixed (Power Rate)

4.875%

5.180%

0.000

State Employees Credit Union

10-Year Fixed

5.050%

5.315%

0.000

North Carolina Press Association Federal Credit Union

10 Year Fixed

5.050%

5.315%

0.000

Security Service Federal Credit Union

15-Year Fixed (Power Rate)

5.125%

5.341%

0.000

First FSB of Champaign Urbana

10-Year Fixed

5.250%

5.353%

0.000

State Employees Credit Union

5-Year ARM

5.125%

5.389%

0.000

North Carolina Press Association Federal Credit Union

5 Year ARM

5.125%

5.389%

0.000

Lakewood Credit Union

15 Year Fixed

5.300%

5.390%

0.000

Sheboygan Area Credit Union

15-Year Fixed

5.375%

5.435%

0.000

State Employees Credit Union

15-Year Fixed

5.250%

5.438%

0.000

North Carolina Press Association Federal Credit Union

15 Year Fixed

5.250%

5.438%

0.000

Pioneer Federal Credit Union

15-Year Fixed

5.250%

5.491%

0.000

1st Northern California Credit Union

15-Year Fixed (Jumbo)

5.375%

5.525%

0.750

Sikorsky Credit Union

15-Year Fixed

5.500%

5.556%

0.000

Americas First Federal Credit Union

15-Year Fixed

5.250%

5.562%

0.000

First FSB of Champaign Urbana

15-Year Fixed

5.500%

5.573%

0.000

Hatboro Federal Savings

15-Year Fixed

5.375%

5.575%

2.000

DCU Digital Federal Credit Union

15-Year Fixed

5.375%

5.602%

0.750

Mutual Security Credit Union

5/1 ARM

5.500%

5.614%

0.000

Piedmont Advantage Credit Union

15-Year Fixed

5.375%

5.632%

0.000

Achieva Credit Union

15-Year Fixed

5.500%

5.641%

0.000

Sheboygan Area Credit Union

20-Year Fixed

5.625%

5.673%

0.000

Disclaimer

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

M.Y. Safra Bank Information

M.Y. Safra Bank

499 Park Ave
New York, NY 10022
New York
Established Date: 06/05/2000
FDIC Certificate #: 35154
Date of FDIC Deposit Insurance: 06/05/2000

How Many Domestic U.S. Offices? 1

How Many Branches are There? 1

Website: https://www.mysafra.com

Is M.Y. Safra Bank FDIC Insured? Yes

What is M.Y. Safra Bank's Cert number? 35154

What is the maximum amount for insured deposits? $250,000 per holder, per account

M.Y. Safra Bank Financials

Total Assets:

$404,241,000

Total Deposits:

$302,986,000

Equity Capital:

$46,167,000

Domestic Deposits:

$302,986,000

Net Income:

$2,389,000

Return on Assets:

0.5221%

Quarterly Return on Assets:

2.4000%

Pretax Return on Assets:

-0.5593%

Pretax Quarterly Return on Assets:

-0.5600%

Return on Equity:

4.5600%

Quarterly Return on Equity:

21.3900%

Common Equity Tier 1 Capital Ratio:

19.3239%

Tier 1 Risk-Based Capital Ratio:

19.3239%

Leverage Tier 1 (Core Capital) Ratio:

12.1310%

Total Risk-Based Capital Ratio (YTD):

20.5769%

Total Interest Income (YTD):

4.8357%

Headquarters:

New York

FDIC Field Office:

New York City

Regulator:

OCC

County:

New York

# of Offices:

Metropolitan Statistical Area (MSA):

New York-Newark-Jersey City, NY-NJ-PA

Consolidated Metropolitan Statistical Area (CMSA):

New York-Northern New Jersey-Long Island, NY-NJ-CT-PA

OTS Region:

Northeast

FDIC Region:

New York

Source: FDIC Last Updated 03/31/2024

12 Month CD Rates Higher Than Inflation Rate

Twelve month CD rates are now above the current inflation rate and this hasn't been the case for over a decade. This is great news for retirees who can now invest in certificates of deposit and actually make money when inflation is taken into account.For the past decade, if you invested in certificates of deposit, you were probably getting a CD rate lower than the rate of inflation. You actually lost money by investing in either short term or long term certificates of deposit.For example, back in 2012, the highest 12 month CD rates were around 1.00 percent. The inflation rate in 2012 was 2.10 percent, giving you a negative return of 1.10 percent. Looking at it another way, for every $10,000 invested you actually lost $110.00. Read more...

All CD Rates Move Higher as Bank CD Rates Increased

Bank CD rates are higher this week as ten different banks increased CD rates on a wide range of CD products. The largest increase was from TAB Bank, which increased their 6 month CD rate by 25 basis to 2.12 percent. TAB now has the second highest 6 month CD rate currently available. The highest 6 month rate is held by My eBanc at 2.20 percent.

The second largest increase was from Home Savings Bank, who increased their 2 year CD rates by 15 basis points to 2.65 percent. Popular Direct currently has the top 2 year CD rate at 2.91 percent with a yield of 2.95 percent.

Bank CD Rates Increased Another recent milestone is seeing 3 year CD rates hit 3.00 percent for the first time in nearly a decade. M.Y. Safra Bank, FSB, is the latest bank to increase their 3 year rates. M.Y. Safra Bank now has their 3 year rate at 2.97 percent with a yield of 3.00 percent.

Best 12 Month CD Rates at 2.50 Percent, A Multi-Year High

Several banks and credit unions increased CD rates this week and as a result, the best 12 month CD rates are now at 2.50 percent, a multi-year high. The last time 1 year CD rates were in the 2.50 percent range, was during the financial crisis in 2008/2009.When the financial crisis hit and caused the Great Recession, the Federal Reserve lowered the fed funds rate to nearly zero percent. This caused deposit rates to plummet to all-time lows the following four years. The best 12 month CD rates were actually under 1.00 percent at the low point in 2013.National average rates were even worse because of big brick and mortar banks were offering extremely low rates. At the lowest point during early 2013, MonitorBankRates.com reported 12 month CD rates averaged 0.68 percent. The FDIC's weekly national average rates were even lower, averaging a low of 0.20 percent. Read more...

Highest CD Rates Move Higher as Banks Increase Rates

The highest CD rates continue to move higher as online banks increase rates again this week. 10 different online banks and credit unions increased a slew of CD rates over the past seven days. Rates on both short term and long term certificates of deposits moved higher.The biggest increases again this week were on shorter term certificates of deposit. This is because the Federal Reserve is driving short term rates higher. The Fed is scheduled to meet in the middle of next month and is widely expected to increase rates again.

Highest CD Rates

Brand New High for 12 Month CD Rates in 2017

We just reached a new milestone for 12 Month CD rates in 2017 as rates continue to inch higher. Crestmark Bank is now offering 12 Month CD rates at 1.80 percent. Just about two months ago, we reported a new high for 1 year CD rates at 1.70 percent. That new high was also from CrestMark Bank. You can read about that post Crestmark Bank Best Rate 1.70%.The uptrend for CD rates will continue for the rest of this year and into at least 2018 and it may last even longer if the economy doesn't fall into a recession. The Federal Open Market Committee meets this month and will more than likely increase the fed funds rate by 25 basis points.Another fed funds rate increase will put additional upward pressure on short term interest rates. 1 year CD rates could therefore hit 1.90 percent this month and 2.00 percent sometime early in 2018. Back in early October, we forecast 1 year CD rates hitting 2.00 percent as a result of another fed funds rate increase. Read more...

Three Banks Now Offering 1 Year CD Rates at 1.75%

We expect the increase in rates to continue next month and into 2018. The Fed is widely expected to increase the rate during their meeting in December. In fact, the CME Group's FedWatch Tool puts the probability of an increase at 91.5 percent, as of this writing.The current fed funds rate is in a range of 1.00 percent to 1.25 percent. An increase in December will put the rate between 1.25 percent and 1.50 percent. The last time the rate was that high was nearly a decade ago. You can view the history of the fed funds rate going back to 1955 in this Rate Chart.

Current Top 1 Year CD Rates

Top Money Market Rates at 1.41% This Week

There are new highs for money market rates and savings rates this week. The best variable deposit rate this week is from UFB Direct at 1.40 percent with an annual percentage yield of 1.41 percent. UFB Direct's variable account is actually called a money market savings account. The minimum opening deposit is $5k. Money Market Rates at UFB Direct

Money market rates have been moving higher for about a year now as a result of the Federal Reserve increasing the federal funds rate. The Fed is expected to continue increasing rates, therefore, deposit rates will also move higher in the coming years.Rates moved much higher just over the summer. Back in June, the top MMA rate was at 1.15 percent, 26 basis points less than the current rate. Read the post at Rates Move Higher in 2017. Read more...

Fed Stands Pat on Rates as Online CD Rates March Higher

The Federal Reserve wrapped up their two day meeting yesterday and decided to keep the fed rates unchanged. The Fed was expected to stand pat on rates during the September meeting. Even though the Fed kept rates where they are, online CD rates continue to march higher. Weekly CD Rates September 21, 2017

Between this Fed meeting and the last meeting in July, we have witnessed several new highs for short term CD rates. 1 year CD rates already made two new highs in the month of September. On September 5th, we reported the top 1 year CD rate increased to 1.60 percent and now the top 1 year rate is at 1.65 percent.We are still predicting 1 year CD rates will hit a high of 1.75 percent by the end of 2017 but only if the Fed increases the fed funds rate once more this year. You can see a list of the best 1 year CD rates listed below. Read more...

CD Rates Continue to Move Higher in September

Keeping with the uptrend in 2017, CD rates continue to move higher in September. In August, the top 1 year CD rate was at 1.55 percent, this month the top 1 year CD rate is at 1.60 percent. Popular Direct, EverBank, and Pacific National Bank are all offering 1 year CD rates at 1.59 percent with a yield of 1.60 percent.

At the beginning of the year, the top 1 year rate was only at 1.35 percent, 25 basis points lower than the current rate. Shorter term CD rates moved higher this year because the Federal Reserve has been increasing the fed funds rate, the rate banks use to lend each other money overnight. These rate increases have put upward pressure on short term interest rates and bond yields.

CD rates with terms shorter than 1 year are also moving higher. The top 3 month CD rate is week is from Luana Savings Bank at 1.05 percent. Last month, the top 3 month CD rate was at 1.00 percent. The top 6 month CD rate this month is at 1.26% from M.Y. Safra Bank, FSB. In August, the top 6 month rate was at 1.21 percent.

CD Yield Curve Flattening

As short term CD rates move higher, longer term rates have been stagnant, increasing a lot less than short term rates, which is flattening the yield curve. The top 2 year CD rate is at 1.71 percent, only 11 basis points higher than the top 1 year rate.

Top 2 Year CD Rate Now at 1.70 Percent

The top CD rates continue to move higher as the best 2 year CD rate hits 1.70 percent this week. 2 year CD rates at Connexus Credit Union take the top spot this week at 1.69 percent with a yield of 1.70 percent. Connexus has the best rate this week but two banks are right on the credit union's tail.

Northern Bank Direct, EverBank, and Popular Direct have the second best 2 year rate this week at 1.64 percent with a yield of 1.65 percent. We have another three-way tie for third place, My e-BAnC by BAC Florida Bank, TAB Bank, and VirtualBank all have a current 2 year rate of 1.61 percent with a yield of 1.62 percent.

Not only are the top rates moving higher this week, average 2 year CD rates are also higher. The current average 2 year CD rate is at 1.50 percent, up from last week's average 2 year rate of 1.47 percent. Listed below are the top ten 2 year CD rates for the week ending April 15, 2017.

Best 2 Year CD Rates

Connexus CU - Rate 1.69% Yield 1.70%
Northern Bank Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
Popular Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
TAB Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
My e-BAnC by BAC Florida Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
VirtualBank - Rate 1.60% Yield 1.61% (tied for 3rd place)
Banesco USA - Rate 1.60% Yield 1.60%
Capital One Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
Synchrony Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
M.Y. Safra Bank, FSB - Rate 1.59% Yield 1.60% (tied for 5th place)
iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
Congressional Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
First Internet Bank of Indiana - Rate 1.56% Yield 1.57%
CD Bank - Rate 1.55% Yield 1.56%
Nationwide Bank - Rate 1.50% Yield 1.51% (tied for 8th place)
Pentagon Federal Credit Union - Rate 1.50% Yield 1.51% (tied for 8th place)
PurePoint Financial - Rate 1.49% Yield 1.50% (tied for 9th place)
Home Savings Bank - Rate 1.49% Yield 1.50% (tied for 9th place)
Live Oak Bank - Rate 1.49% Yield 1.50% (tied for 9th place)
GS Bank - Rate 1.44% Yield 1.45%

Best 1 Year CD Rates April 5, 2017

CD rates continue to move higher this week. We look for the trend of higher CD rates to continue in 2017 as long as there isn't a recession. The Fed is expected to increase the federal funds rate at least two more times this year, which will put more upward pressure on CD rates.

This week, the best 1 year CD rate in the database is now at 1.49 percent with an APY of 1.50 percent. A couple of weeks ago, the top 1 year CD rate was 5 basis points less.

The current national average 1 year CD rate also moved higher this week over last. The current national average 1 year CD rate is at 1.26 percent, up from last week's average of 1.30 percent.

Explore Other Rate Deals

AIG Bank Current Mortgage Rates

AIG Bank is advertising some of the best mortgage rates available today. The current advertised rate for a 30 year mortgage is 4.625 percent, which is lower than the current National Average Mortgage Rate reported by Monitor Bank Rates of 4.91 percent.

Low Mortgage Rates Entice Buyers - Home Sales at Highest Pace in 9 Years

Near record low mortgage rates have enticed home buyers this spring, sending existing home sales to their fastest pace in nine years. 30 year mortgage rates are averaging 3.73 percent today, about 30 basis points above the all-time record low set three years ago.

Tompkins Mahopac Bank CD Rates