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Amalgamated Bank 2.90% 15 Month CD

April 10th, 2009

Amalgamated Bank is offering a 2.90% APY 15 month CD with a minimum deposit of just $500 and a maximum deposit of $99,000. In order to receive this rate you must open a checking account with them and in order to get this special certificate of deposit rate you must make a branch visit. Branches of Amalgamated are located in New York, New Jersey, Washington DC and California.

One piece of small print is that you must keep your checking account open during the length of the CD, which requires at least 2 transactions to maintain its activity. Amalgamated has a 2 out of 5 star soundness rating from bankrate and is FDIC insured.

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