Savings Account Rates Deal of the Day in Long Island: Emigrant Savings Bank at 1.00% APY


June 2nd, 2010

Emigrant Savings Bank

If you want to earn a high savings account rate, bank online. EmigrantDirect.com is a division of Emigrant Savings Bank and is making it possible to earn high interest rates on savings with a 1.00% APY on their online American Dream savings account.

In addition to one of the best savings account rates online, the American Dream savings account also offers the following benefits:

  • No fees or minimums
  • Open account online quickly and easily
  • Link savings account to any current external checking account
  • Access account any time online

Please note the following terms of this account:

  • $1 or greater initial deposit
  • Must authorize Emigrant Savings Bank to make two small deposits (less than one dollar) and matching withdrawals from external checking account for verification of ownership
  • Opening deposit amount will not be available to you for five business days after you charge the external account (ten days if funding by check)

Emigrant Savings Bank was founded in 1850 and has grown to be one of the largest savings banks in the country with over $15.4 billion in assets. Branches are located throughout the state of New York, including Manhattan, Brooklyn, Queens, Bronx, Westchester and Long Island.

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

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Long Island, NY Bank Rates

Do you need to open a checking or savings account in Long Island, NY? There are many factors to consider before selecting a bank. For instance, what interest rates does the Long Island, NY bank offer? Do they charge an annual fee? What about overdraft fees, or limits on the number of checks you can cash in a given month?

Best Savings Rates

At Long Island Banking Rates, weve researched the bank rates for you. Choosing a Long Island, NY bank has never been easier! Start saving today by choosing the type of account you would like to open. We will then connect you with banks that may be able to get you the highest interest rates on your checking or savings account.

Long Island, NY Savings Accounts

When you choose a Long Island savings account, you want to find a bank that will best meet your savings needs. Look for a bank that offers the highest interest rates at your minimum balance with the lowest fees. Many Long Island banks require you to keep a certain balance to earn the quoted APY and to avoid fees. Banks requiring a higher minimum balance typically offer larger interest rates.

Long Island Banking Rates has partnered with top banks to provide high interest rates on savings accounts to allow you to earn as much on your money as possible, while not risking it in any way like the stock market or other investments. A smart savings plan allows you to build savings and make money off the interest rates every single month.

Compare Long Island, NY Bank Rates

At Long Island Banking Rates, you can compare checking and savings account rates in Long Island. Our data is always current and up-to-date to ensure that you get the best rates possible.

As you make this decision to choose a Long Island bank, we can also help you:

  • Improve your credit with a free credit report
  • Compare national checking account rates
  • Decide whether you need a savings account or to take advantage of high CD rates

Whether you are looking for a bank to manage your small business, or a bank with the highest interest rate savings accounts, Long Island Banking Rates is certain to connect you with the right bank.

Automatic Savings Plan in Long Island, NY

One of the best ways to grow your savings in Long Island, beyond getting the best interest rates from your bank, is to set-up an automatic savings plan. You can work with your bank to automatically take any amount from a checking account or a pay check that is direct deposited or from other accounts and add to your savings account each month. This way, you know your savings account is growing every month no matter what with the automatic amount plus the interest payments from your bank based on the bank rate.

Learn about the best savings accounts that meet your financial needs in Long Island, NY with the most competitive interest rates from our partner.

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