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ONLINE CD SPECIALS

 

3 Month CD

1.16% APY

1 Year CD

1.71% APY

3 Year CD

2.11% APY

Annual Percentage Yield (APY) is accurate as of 12/05/2017 and applies to US natural persons depositing new funds into consumer accounts only. Website rates are generally updated each week. We may change the APY at any time without prior notice. Minimum opening deposit is $5000. A penalty will be imposed for early withdrawal of principal. Fees may reduce earnings. APY assumes interest earned is kept in the CD for the full term.

Rates

All Rates Subject to Change Daily- Effective as of December 05, 2017

Regular, Promotional and IRA Certificates of Deposit Accounts
Account Term Classic CD Jumbo
$5,000 Minimum Deposit to Open Accounts $100,000 Minimum Deposit to Open Accounts
Interest Rate *Annual Percentage Yield (APY) Interest Rate *Annual Percentage Yield (APY)
30 Days** 0.30% 0.30% 0.30% 0.30%
90 Days** 0.70% 0.70% 0.75% 0.75%
6 Months 1.00% 1.01% 1.00% 1.01%
9 Months 0.75% 0.75% 0.80% 0.80%
12 Months 1.20% 1.21% 1.25% 1.26%
18 Months 1.30% 1.31% 1.35% 1.36%
24 Months 1.44% 1.45% 1.49% 1.50%
36 Months 1.54% 1.55% 1.59% 1.60%
48 Months 1.59% 1.60% 1.64% 1.65%
60 Months 1.99% 2.00% 2.04% 2.05%
3 Months Online Promotion*** 1.15% 1.16% 1.15% 1.16%
6 Months Online Promotion*** 1.41% 1.42% 1.41% 1.42%
12 Months Online Promotion*** 1.70% 1.71% 1.70% 1.71%
18 Months Online Promotion*** 1.76% 1.77% 1.76% 1.77%
24 Months Online Promotion*** 1.76% 1.77% 1.76% 1.77%
36 Months Online Promotion*** 2.09% 2.11% 2.09% 2.11%
48 Months Online Promotion*** 2.23% 2.25% 2.23 2.25%
60 Months Online Promotion*** 2.33% 2.36% 2.33% 2.36%

*The APY assumes monthly compounding of interest and that interest will remain on deposit until maturity.
**N/A for IRA Accounts, where term is minimum 6 months.
*** For Online Account Opening New Funds Only; N/A for IRA Accounts.

Custom rates are available for Certificate of Deposit maturities in between the terms listed above.
A substantial penalty may be imposed for early withdrawal on Certificate of Deposit accounts.

Personal and Business Checking and Savings Interest Rates
Balance** Personal Interest Checking Personal Savings & Money Market Business Savings & Money Market
Interest Rate *Annual Percentage Yield (APY) Interest Rate *Annual Percentage Yield (APY) Interest Rate *Annual Percentage Yield (APY)
$0 up to $5,000 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
$5,000 up to $25,000 0.05% 0.05% 0.25% 0.25% 0.20% 0.20%
$25,000 up to $50,000 0.10% 0.10% 0.25% 0.25% 0.20% 0.20%
$50,000 up to $100,000 0.10% 0.10% 0.25% 0.25% 0.20% 0.20%
$100,000 up to $250,000 0.10% 0.10% 0.25% 0.25% 0.20% 0.20%
$250,000 up to $1,000,000 0.15% 0.15% 0.25% 0.25% 0.20% 0.20%

For more information, or for rates on deposits over $1 million, please call M.Y. Safra Bank at 1-855-MYSAFRA.

*The APY assumes monthly compounding of interest at the rate indicated for a full year.
** Interest rate applied to entire deposit based on balance met.
$100 Minumum balance required to open Personal or Business Checking, Savings or Money Market Accounts.
Rates on checking, savings, and money market accounts may change after opening. Fees, if incurred, will reduce earnings on the account. 
Please refer to the Account Disclosure booklet for terms, conditions, and any fees associated with the accounts listed above.

Online Personal Savings Interest Rates
Balance** MYSB Direct Online Money Market
Interest Rate *Annual Percentage Yield (APY)
$0 up to $500,000 1.25% 1.26%
$500,000 up to $1,000,000 0.20% 0.20%

*The APY assumes monthly compounding of interest at the rate indicated for a full year.
** Interest rate applied to entire deposit based on balance met.

The Annual Percentage Yield (“APY”) for the MYSB Direct Online Money Market account is tiered and varies by balance. The following APYs
disclosed are accurate as of August 1, 2017: The APY on balances up to and including $500,000.00 is 1.26%; and the APY on balances in excess
of $500,000.00 is 0.20%. M.Y. Safra Bank, FSB may change the APY at any time without prior notice. To obtain the advertised APY, you must
be a US natural person and reside in New York State, open your account online; deposit new funds; maintain a minimum balance of $5,000.00; 
enroll in online banking; and agree to exclusively receive periodic statements in electronic format. Minimum opening deposit is $5,000.00. Fees  
may reduce earnings. The MYSB Direct Online Money Market account is limited to one per household. M.Y. Safra Bank, FSB reserves the right  
to require not less than 7 days' notice in writing before each withdrawal from a MYSB DIrect Money Market account. Please contact  
M.Y. Safra Bank, FSB for complete account terms and conditions and disclosures and any fees associated with the accounts listed above.


 © Copyright 2017 M.Y. Safra Bank, FSB. All rights reserved. Member FDIC. Principal and interest insured by the FDIC to the full extent of the law. M.Y. Safra Bank, 499 Park Avenue New York, NY 10022. 1-855-MYSAFRA.

Loan Rates

Please call or e-mail M.Y. Safra Bank to inquire about loan rates.

Phone- 212-652-7200

E-mail loans@mysafra.com