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Wednesday, May 18, 2011

Hudson City Bank the best Bank in the Metropolitan Area

As The Most Efficient Bank in America, Hudson City Bank’s operating costs are far less than most banks. That’s why they are able to offer customers some of the highest deposit yields, lowest fees, and competitive mortgage rates in the metropolitan area. It's no wonder why Forbes has named Hudson City "The Best- Managed Bank in America" for both 2007 and 2008.

Hudson City Bank CD Rates updates are from a financial institution that has been a part of the New Jersey community since 1868. In 1999 they formed a parent company of Hudson City Bancorp whose only subsidiary is Hudson City Savings Bank. This bank was awarded by Forges magazine as “Among the best managed Banks” in 2007, 2008 and 2009.

The current CD Rates include 91 day CD that is earning an APY of 0.75% with simple interest. The only other CD with simple interest is the 6 month CD that is earning an APY of 0.75%.

The following CD rates have compounded daily interest. The 4 month CD is earning an APY of 0.75%. The 5 month CD is earning an APY of 0.75%. The 7 month CD is earning an APY of 0.75%. The 9 month CD is earning an APY of 0.75%.

The 1 year CD is earning an APY of 1.00%. The 13 month CD is earning an APY of 1.00%. The 18 month CD is earning an APY of 1.10%. The 2 year CD is earning an APY of 1.50%. The 30 month CD is earning an APY of 1.50%.

The 3 year CD is earning an APY of 1.75%. The 4 month CD is earning an APY of 2.25% the best CD rates are from the 5 year CD that is earning an APY of 2.50%.

The minimum deposit for these CD rates is $500.This Hudson City Bank CD Rates update was posted on March 25, 2011 but are subject to change without notice.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

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Article Source: http://www.bestcdratestoday.com/hudson-city-bank-cd-rates-update/

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