LibertyPointe Bank of New York is offering competitive CD rates with yields up to 5.25% APY. The short term CDs with terms from 6 to 18 months require a checking account with direct deposit of payroll or government payment to qualify for the 5.25% APY. Without the checking, the yield is 5.00% APY.

The longer term CDs have yields over 5% without this checking account requirement. These include a 5.15% APY 3-year CD, a 5.20% APY 4-year CD and a 5.25% APY 5-year CD. These are also available in retirement accounts. These standard rates are available to customers within the New York, New Jersey and Connecticut area.

Branches are located in New York and Brooklyn, NY. LibertyPointe Bank is a small bank that was established in 2005. The bank is FDIC insured (FDIC Certificate # 58071).