Promotional Rates5
Term
Interest Rate
APY2
Certificate of Deposit (CD)1
Term
Interest Rate
APY2
Individual Retirement Accounts (IRA)3
Term
Interest Rate
APY2
Other Accounts
Product
Interest Rate
APY2
Products, services, terms and conditions subject to change without notice. Fees may reduce earnings. Please contact us at (718) 931-9000 for current Interest rates and other products.
1 APY – Annual Percentage Yield.
2 The minimum balance to open and obtain the APY for Certificates of Deposits (CDs) 1-6months is $500. The minimum balance to open and obtain the APY for CDs 12-60months is $1,000. A penalty may be imposed for withdrawals before maturity on CDs. Fees may reduce earnings. Offer and rates may change without prior notice.
3 IRA Accounts are available as Certificates of Deposits (CDs) with terms from 1 to 60 months. The minimum balance to open and obtain the APY for CDs 1-6 months is $500. The minimum balance to open and obtain the APY for CDs 12-60 months is $1,000. A penalty may be imposed for withdrawals before maturity on CDs. Additional contributions are not permitted during the term of the CDs. Annual contributions subject to limitations.
4 Rate may change after the account is opened. For additional important information, please see Personal Checking, Personal Savings, Business Checking and Business Savings.
5 The minimum balance to open and obtain this promotional APY is $1,000 for 13month CD. Applies to new deposits only (funds previously not within another Ponce Bank account.) A penalty may be imposed for withdrawals before maturity, and fees may reduce earnings. Offer and rates may change without prior notice. For more information, speak to a Ponce Banker today!