Rates
Effective as of Sept 15, 2022
Certificate of Deposit
| Term | Interest Rate (%) | *APY (%) |
|---|
| One (1) and Two (2) months |
0.10 |
0.10 |
| Three (3) months |
0.20 |
0.20 |
| Six (6) months |
0.35 |
0.35 |
| Twelve (12) months |
0.60 |
0.60 |
| Eighteen (18) months |
0.65 |
0.65 |
| Twenty-four (24) months |
0.75 |
0.75 |
| Thirty (30) months |
0.80 |
0.80 |
| Thirty-six (36) months |
0.90 |
0.90 |
| Forty-eight (48) months |
0.95 |
0.95 |
| Sixty (60) months |
1.05 |
1.05 |
*APY-Annual Percentage Yield
A penalty may be imposed for withdrawals before maturity.
Interest Rates may change without notice.
Please contact us at (718) 931-9000 for current Interest rates and other products.
For additional important information, please click on the Savings Solutions or Business Savings Solutions
Individual Retirement Accounts (IRA)
| Term | Interest Rate (%) | *APY (%) |
|---|
| One (01) and Two (2) months |
0.10 |
0.10 |
| Three (03) months |
0.20 |
0.20 |
| Six (06) Months |
0.35 |
0.35 |
| Twelve (12) months |
0.60 |
0.60 |
| Eighteen (18) months |
0.65 |
0.65 |
| Twenty four (24) months |
0.85 |
0.85 |
| Thirty six (36) months |
1.00 |
1.00 |
| Forty eight (48) months |
1.05 |
1.05 |
| Sixty (60) months |
1.10 |
1.10 |
*APY-Annual Percentage Yield
A penalty may be imposed for withdrawals before maturity.
Interest Rates may change without notice.
Please contact us at (718) 931-9000 for current Interest rates and other products.
For additional important information, please click on the Retirement Solutions
Other Accounts
| Product | Interest Rate (%) | *APY (%) |
|---|
| Ponce Savings |
0.10 |
0.10 |
| Money Market (0 to less than $1,500) |
0.10 |
0.10 |
| Money Market ($1,500 to less than $50,000) |
0.15 |
0.15 |
| Money Market ($50,000 and greater) |
0.20 |
0.20 |
| 50+ Interest Checking |
0.05 |
0.05 |
| Direct Interest Checking |
0.05 |
0.05 |
| Premium Interest Checking (0 to less than $1,500) |
0.05 |
0.05 |
| Premium Interest Checking ($1,500 to less than $50,000) |
0.08 |
0.08 |
| Premium Interest Checking ($50,000 and greater) |
0.10 |
0.10 |
| Business Interest Checking |
0.05 |
0.05 |
*APY-Annual Percentage Yield
Rate may change after the account is opened.
Fees may reduce the earnings on the account.
Please contact us at (718) 931-9000 for current Interest rates and other products.
For additional important information, please click on the Savings Solutions or Checking Solutions or Business Checking Solutions
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