Popular Bank Certificate of Deposit Rates - New York

Important information about procedures for opening a new account. To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify, and record information that identifies each person (individual or business) who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask for your driver’s license or other identifying information.

¹The Annual Percentage Yield (APY) for new CD accounts is effective as of October 1, 2024, and assumes that interest and principal will remain on deposit until maturity. For CD Renewals, call 1-800-377-0800 on or after your maturity date to learn the Renewal Rate (interest rate and APY) for your renewal account. Advertised APY 4.45% is for tier $25,000 - $99,999.99. Popular Bank, in its sole discretion, reserves the right to change or terminate these rates at any time. A penalty will be imposed for early withdrawal. Fees may reduce earnings on the account. CDs will automatically renew at the end of the grace period following maturity with the rate applicable at that time for the same term and corresponding tier for the deposit amount at the time of renewal. Interest rates and APYs may change at any time at the Bank's discretion without prior notice before any CD account is opened online. CDs cannot be opened online before the application process is finalized and approved. Once your application is approved, your account will receive the current interest rate and APY in effect on the date it is opened and funded.

²Popular Bank is a Member FDIC institution. Your deposits are insured up to $250,000 per depositor. You may qualify for more than $250,000 in coverage if you hold deposits in different account ownership categories. For more information, please refer to: FDIC.gov.

³A penalty will be imposed for early withdrawal. Fees may reduce earnings on the account.

⁴The interest rate and corresponding APY for your CD will be assigned based on the initial deposit amount and will remain in effect through the initial maturity. You will be paid this rate until the maturity date of the CD. You may choose to have interest paid monthly, quarterly, or at maturity. The APY assumes interest remains on deposit until maturity. A penalty will be imposed for early withdrawal. Fees may reduce earnings on the account.