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Stock impact report

Best 1-year CD Rates for September 2022 [CNET News]

New York Community Bancorp, Inc. (NYCB) 
Last new york community bancorp, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.mynycb.com
Company Research Source: CNET News
CDs offer a fixed interest rate that will generally be higher than national average annual percentage yield (APY) for a savings account, currently at 0.13% according to CNET's sister site, Bankrate . As of September, there are banks offering APYs as high as 2.90% for a 1-year CD. In exchange for higher interest rates, your deposit cannot be accessed during a fixed period -- typically anywhere from three months to five years -- without incurring penalties. Early withdrawal penalties vary among banks. Several CDs highlighted below impose a penalty of 90 days simple interest if money is withdrawn too soon. The set withdrawal date is known as the age of maturity. CDs offered by banks and credit unions are considered low-risk because their value is insured by either the Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration for up to $250,000. As interest rates rise, this is a good time to compare the rates you're earning on any cash parked in your savings Show less Read more
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