Not very good. However, we’re unsure of how much you could earn in interest since their rates aren’t advertised on their website — you’ll need to contact Sterling National Bank to find those out. High Yield Savings Rates: Average APYs are based on High Yield Savings Accounts of $10,000. We’ll explore these features in detail later when we review Sterling Bank’s suite of checking options. To help young people narrow down their choices, we developed an analysis of the best savings accounts for kids available today. Regular certificates of deposit can be opened with as little as $1 and jumbo certificates of deposit start out at a minimum of $100,000. You can waive the monthly maintenance fee if you can keep a minimum daily average of $500 in your account. CIT Bank CDs provide a safe, secure way to grow your savings. Going forward, your money grows tax free until you make qualified withdrawals when you’re at least 59.5 years old. As long as you’re 24-years-old or younger, Sterling National Bank charges no monthly service fee. Certificates of deposit (CDs) are a safe way to deposit money and guarantee a return. Rates and and annual percentage yields vary in Texas. About: BrioDirect is an online-only bank operated by the brick-and-mortar institution Sterling National Bank, established in New York in 1895. Other terms and rates available. Secure competitive fixed interest on a wide range of CD terms. By visiting LendingTree’s site, you accept and agree to be bound by LendingTree’s Terms of Use. Plus, the bank will waive its $5 monthly maintenance fee as long as you maintain a minimum balance of $1,000. So it may not be the most ideal option to park a large sum of money if you expect it to generate a decent return. Interest Rates and APYs may not be available to brokers, dealers and financial institutions. You can apply for the Simple Checking account in person at any one of their local branches. Jumbo CDs with generally higher rates take a minimum deposit of $100,000. We hate fine print. Disclosure: Interest Rates and APRs are subject to change without notice. BrioDirect offers great rates and the peace of mind that comes with knowing your money is safe and secure. Citigold® and Citi Priority customers can earn premium rates. Aside from ATM refunds, you also get your first free order of checks, bill pay, online and mobile banking. Speak to us today about opening a CD, or a jumbo CD for large deposit amounts. But other competitors also offer unlimited ATM refunds, often with no monthly maintenance fees and no low balance minimums. Fees could reduce earnings. Flushing Bank CD rates are some of the best in NY. Other restrictions apply. Beal Bank and Beal Bank USA have not approved this as a reliable partner site. Because we don’t have more insight into their rates, we can’t say for certain whether we’d recommend their banking products. We are here to make getting your new CD Account fast and easy. Furthermore, the bank would waive the fee if you set up direct deposit or establish some kind of recurring ACH transfer. They can be a good way to diversify beyond your current savings account, depending on your needs. The bank currently has over 105 locations throughout New York state. Sterling National Bank $225 Checking Bonus Currently, you can only open accounts at their brick-and-mortar locations, and information about their products cannot be found online. 3 month Special CD rates at United Bank are at 1.64 percent with an APY of 1.65 percent. Partial withdrawals are not allowed for 12 Month CD. Apart from rates, which we can’t comment on because they’re not advertised on their website, there really doesn’t seem like there’s much that make these savings accounts stand out. View our rates and terms and open a CD online today. Our certificates of deposit let you earn interest that’s generally higher than a regular savings account. Nicolet Bank can help you choose the best CD Account with competitive CD Rates and CD Interest Rates. Member FDIC. When we last contacted them on Oct. 22, 2018, the bank stated that interest you earn is compounded daily and credited to your account depending on the IRA CD term. Partial withdrawals allowed for 6, 18, 36 and 60 Month CD; $1,000 minimum withdrawal with minimum remaining balance must be greater than $1,000; early withdrawal penalty applies to withdrawn amount. Otherwise, there’s not much to say about this account, except that you’re allowed up to six certain debits a month because of Regulation D. A Sterling National Bank representative stated that you’re looking at a $10 excessive transaction fee if you go over the limit. Normally, the variable rate offered on this popular CD is based on the Wall Street Journal Prime Rate, currently at 3.25%, minus 3.25%. But if you want to dive into the world of high-yield CDs now, you can examine our analysis of the best CD rates currently being offered at banks throughout the country. Best Jumbo CD Rates; Sterling National Bank Review: Checking, Savings, CD, Money Market and IRA Accounts. It is also the 296 th largest bank in the nation. Across the board, Sterling National Bank offers descent rates on longer-term CDs. This covers checking, savings and CD accounts as well as IRAs. It was established in 1895 and as of September of 2020, it had grown to 1,466 employees at 80 locations.Sterling National Bank (NY) has an … Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. But for information about the most recent interest rates, call the bank directly. BrioDirect is the online brand of Sterling National Bank. BrioDirect offers great rates and the peace of mind that comes with knowing your money is safe and secure. Without knowing exactly what the rates are, we can’t tell you if these accounts are worth opening. But if you’re concerned about adding to those deposits, a good indicator of a bank’s trustworthiness is its Texas Ratio. This could be a relatively safe place to house your retirement funds since it’s not as risky as other options. Sterling National Bank Ranked #31 in Forbes’ 2018 List of America’s Best Banks Rise in annual rankings is a reflection of our commitment to deliver value for customers, shareholders, employees and … Note: The APYs (Annual Percentage Yield) shown are as of Jan. 5, 2021. For complete details on any product see the terms and conditions on the financial institution's website. You also earn a tiered interest rate, though to find out what those are, you’ll need to contact Sterling National Bank. New York and … This account doesn’t have any monthly maintenance fees but does require a minimum balance to earn APY. You can waive the low monthly maintenance fee, but there is no ATM access. But beyond these advantages, the account doesn’t offer any exclusive benefits you’d find with similar options at other community banks. Aside from that, we do like the low minimum opening balance amounts for their checking and savings accounts. We created this entire site because of the nasty fine-print habits of other companies. If you’re new to CD investing, you may be interested in opening a standard CD which requires a $500 minimum opening deposit. Jumbo CDs with generally higher rates take a minimum deposit of $100,000. There is a wide range of terms for the IRA CD, so call the bank to see which one is the best fit. However, its current APY isn’t the strongest. Its minimum deposit requirements are on the low end, though, and fairly standard compared to others. You’ll need to provide your Social Security number and other documents, such as a state-issued ID. Items you’ll need to bring include your Social Security number, ID and a method to fund the account. We like that that are five rate tiers, implying that there is a potential to earn higher rates, but we can’t know for sure if they’re among the best like the ones on our list of the best money market accounts. All accounts: The interest rate and annual percentage yield may change after account opening. Sterling National Bank offers certificate of deposit (CD) options for all kinds of savers. The Smart Checking account offers a bunch of perks, plus tiered interest rates, though the features and fees we mention may have changed since we last contacted them on Oct. 22, 2018. a18: Maximum age is 18. a23: Maximum age is 23. a50: Minimum age is 50. b: Business account. To see interest rate trends, visit the BestCashCow rate … Compare Rates. This account offers a higher rate but you’ll need to have a Premium Checking account to qualify. Check out the current rates of intertest on a variety of PlainsCapital Bank accounts including CDs, savings accounts, money market accounts, IRAs, and more! MagnifyMoney is a free, independent service providing unbiased comparisons of financial products, therefore if we are compensated then we will let you know on the product page before you leave our website. You’d get fee-free access to up to four non-Sterling ATM fees per statement cycle. However, it charges a $10 monthly service fee. Keep in mind that you can only open these accounts in person, so it’s pretty limiting to those outside the New York area. Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. In this case, its parent is Sterling National Bank, which has been around since 1888 and has assets worth more than $30 billion. Sterling National Bank is an FDIC insured institution headquartered at 2 Blue Hill Plz, Pearl River, NY 10965. However, the checking option comes with a hefty $15 monthly service fee. Our Jumbo CDs offer competitive rates with terms ranging from 14 days to one year. As for their features, we do like that you get ATM refunds, with the exception of the Simple Checking account. Interest earned is compounded daily and credited to your account differently depending on your CD term. You can open the Choice Checking account at a Sterling National Bank location. Your actual rate depends upon credit score, loan amount, loan term, and credit usage and history, and will be agreed upon between you and the lender. Students under 24 can take advantage of this account that offers no maintenance fees. Their 14 month promo CD is on par with some of the ones on our list of the best CD rates, but you need to open the account in person, which is pretty restrictive. Get some great benefits such as unlimited ATM refunds and credit toward other bank fees. ... Nicolet National Bank 111 N. Washington Street Green Bay, WI 54301. You can earn bonus by applying for a Sterling National Bank CD or Savings Account. Plus, its current APY falls well below the national interest rate average for savings accounts. Unfortunately, the legal team insist we include the following: MagnifyMoney is not a lender, does not broker loans to lenders and does not make personal loans or credit decisions. The features and fees aren’t either when we last contacted them on Oct. 22, 2018, so it’s a good idea to contact them to get more current information. The Choice Checking account functions similarly to its Simple counterpart with some additional features. Aside from its high rates, BrioDirect differs from some of its competitors by offering a simplistic website design with an easy-to-navigate interface. There isn’t a set standard for how large a deposit you need to make to open a jumbo CD. The APY on its CD is … Plus, all their CDs require a high minimum opening balance, which isn’t feasible for many people. To apply for the Money Market account, head to the nearest Sterling National Bank location. Terms: 7, 13, 25, and 49 Months For starters, you don’t need to worry about any monthly service fee. To waive it, you can either set up direct deposit, make at least 10 debit card purchases, keep a $1,500 minimum daily balance or keep at least $3,000 across your Sterling National Bank deposit accounts. You can qualify for this account if you’re younger than 24 years old. NMLS Unique Identifier #1136. Our community is experiencing an unprecedented time in human history. Deposits held under each name are not separately insured, but are combined to determine whether a depositor has exceeded the $250,000 federal deposit insurance limit, per depositor for each account ownership category. Sterling National Bank checking account options, Sterling National Bank savings account options, Sterling National Bank money market account options, Sterling National Bank IRA account options. MagnifyMoney is wholly-owned by LendingTree, a Marketing Lead Generator and Duly Licensed Mortgage Broker with its main office located at 11115 Rushmore Dr., Charlotte, NC 28277, Telephone Number 866-501-2397 (TDD/TTY). Its standard option generates interest on a tiered basis, but you’d need to keep a minimum balance of at least $500,000 to earn its current peak APY of 0.080% APY. Compare the best One-year CD rates in New York, NY from hundreds of FDIC insured banks. Rates for 5-year CDs with a rate bump. As with all savings accounts, Regulation D allows you up to six certain debits a month, or else you’re looking at a $10 excessive transaction fee imposed by the bank.. Once you’re 24 years old, you’ll need to pay a $5 monthly maintenance fee while maintaining the minimum balance amount. If you want to order premium checks, you can order those at a discount. We encourage you to call customer service at to make sure these terms are still in effect. Upon maturity your CD will be automatically renewed unless you make changes during the seven-day grace period. But when you combine it with a Premium Checking account, you get exclusive benefits like fee-free access to non-Sterling ATMs up to certain limits. Sterling National Bank does offer IRA CDs,and you can choose between traditional or Roth IRA. The Money Market account offers five rate tiers, which means you could earn a higher APY the more you have on deposit. and OneWest Bank, a division of CIT Bank, N.A. We can’t say much about these accounts, considering the bank doesn’t list details on their website. All you need is $25 to open yours. Updated on Friday, January 1, 2021. Whether you’re making transactions in person or online, remember that you’re limited to six debits a month, or else you’ll need to pay a $10 excessive transaction fee. Earn a fixed interest rate for the term of your CD… Sterling National Bank manages more than 50 branches throughout New York and New Jersey. Simplify saving and choose from a range of accounts designed to meet a variety of needs. With this account, there are no minimum balance requirements or monthly maintenance fees. on Sterling National Bank (NY)’s secure website. Customer Service Monday - Friday - 8am - 8pm Saturday - 8am - 5pm 1-800-670-3110 Bank of America® Travel Rewards Visa® Credit Card Review, Capital One® Quicksilver® Cash Rewards Credit Card Review. are the same FDIC-insured institution. It was established in 1984 and as of September of 2020, it had grown to 300 employees at 30 locations.Sterling Bank and Trust, FSB has a … United Bank CD rates are very competitive right now on the bank's Special and Flex Up certificates of deposit. Sadly, these rates aren’t advertised on their website so you’ll have to find those out by calling Sterling National Bank. Get higher rates and improve your savings with greater earnings. Compare the highest CD rates by APY, minimum balance, and more. No monthly service fee, but the IRS may impose early withdrawal penalties, Simple checking accounts with several features and plenty of ways to avoid monthly service fees, Low interest rates on most savings and money market accounts, Tech savvy individuals seeking simple checking and savings solutions, Several ways to waive monthly service fees, $10 monthly maintenance fee unless you meet certain requirements, $10 excessive withdrawal fee (after six withdrawals in a statement cycle), $2 fee for images on paper or digital checks, No monthly service fee if you’re 24-years-old or younger, $5 monthly service fee if you’re 25-years-old or older, $8 monthly service fee unless you meet certain requirements, $2 fee for paper and digital check images, $10 monthly service fee unless you meet certain requirements, $10 fee for excessive withdrawals (After the 6th in a statement cycle), 4 fee-free transactions at non-Sterling ATMs (Machine owner may charge a fee), $15 monthly service fee unless you meet certain requirements, Unlimited fee-free access to ATMs nationwide (Machine owners may charge their own fees but Sterling won’t levy one against you if you use an out-of-network ATM), $5 monthly service fee unless you’re 24-years-old or younger, Set up direct deposit or recurring ACH transfer, Make five debit card transactions post and settle during a statement cycle. You may find savings solutions with higher rates and more suiting features by checking out our study of the best savings accounts on the market today. Jumbo CD rates in Sterling Heights, Michigan are usually higher than regular Sterling Heights, MI CD rates because the deposit amount is larger. ***30 Month CD to be offered at SNB-Iowa and SNB-South Dakota. Automatically renewable certificates allow you 10 days after maturity to redeem. In addition, be sure to check more popular bank promotions include Chase Bank , Discover Bank , TD Bank , Huntington Bank , HSBC Bank and many more. Jumbo 12 Month CD rates in Mount Sterling, Kentucky are usually higher than regular Mount Sterling, Kentucky 12 Month CD rates because the deposit amount is larger. The student savings account can suit the on-the-go Millennial, especially as a beginner’s savings vehicle. If you’re looking for a conservative retirement account option, this could be for you. Rates and annual percentage yields listed are for accounts in AZ, ID, UT, OR, NV, NM and WA. The MINT National Bank is headquartered in Kingwood and is the 183 rd largest bank in the state of Texas. Find A Branch Location . Deposits in Sterling, NY banks that are insured by the FDIC … Open an account today. If you go over that amount, you will be charged $0.50 per check. Luckily, the bank will waive it if you keep at least $2,500 in your account or a combined balance of at least $10,000 among all your Sterling Bank deposit accounts. Best 6-month bank CD: Quontic Bank - … Jumbo CD rates in Sterling, New York are usually higher than regular Sterling, NY CD rates because the deposit amount is larger. Rates that are higher than regular savings, that even increase as you select longer terms, don’t exactly hurt either. Personal Savings. Check current rates for Merchants Bank deposit and loan products, including checking and savings account rates, CD rates and mortgage rates. 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