EmigrantDirect.com CD Rates

EmigrantDirect.com, the online banking arm of Emigrant Bank based in New York, is offering certificates of deposit that are higher than the national average rates.

EmigrantDirect's “My Way” certificates of deposit between 16 months and 40 months earn an APY of 1.50%. 5 year certificates of deposit to 10 year certificates of deposit earn an annual percentage yield (APY) of 2.50%. Certificates of deposit between 41 months to 59 months earn an APY of 2.00 percent. The minimum opening deposit for all certificates of deposit is $1,000.

CD accounts at EmigrantDirect are insured by the Federal Deposit Insurance protection for up to $250,000 per account. The bank also offers FDIC insurance protection for up to $1,250,000.

You can get $1.25 million in FDIC insurance coverage by opening up to five certificate of deposit accounts at their Regional Banks. For more information on EmigrantDirect.com CD accounts and savings accounts visit: EmigrantDirect.com.