Island Federal Credit Union is paying 2.00% APY on its 11 month CDs. This can be availed with a minimum deposit of $1,000.
To purchase this certificate of deposit, you will have to be a member of the credit union. For becoming a member, you will have to open and maintain a savings account with at least a $5 balance. Also, you should be residing, worshiping, working, or attending school in Suffolk or Nassau counties in New York.