Hudson City Savings Bank is paying the top nationally available rate on 60 month CDs.
The bank is paying 2.00% APY on certificates of deposit for this term. Savers who reside in the tri-state area of Connecticut, New York and New Jersey can avail the rate on a minimum deposit of $500. Savers residing elsewhere in the country will have to make a deposit of at least $5,000 to qualify for the rate.