Hudson City Savings Bank is offering 0.75% APY on its 3 month CDs.
To purchase the certificate of deposit, the bank has specific requirements for savers. You will have to make a $5,000 deposit (minimum) if you are not a resident of the tri-state area of Connecticut, New York and Jersey. If you reside in the area, you can avail the rate on a deposit of $500 (minimum).