First National Bank, Long Island, is offering 5 year CD rates at 3.0% APY. The minimum deposit required for it is $1,000.
This CD rate exceeds the available best national rate of 2.93% for the same period. First National Bank’s offering is a local one, as the certificates of deposit can be bought only from one of its 34 branches located between Manhattan and Port Jefferson. The bank does not have any residency requirements for customers who want to purchase this deal.