Bethpage Federal Credit Union CD Rates Reviewed
This guide will compare Bethpage Federal Credit Union CD Rates, money market, and savings account rates to the best available rates in the country.
Preserving your wealth and finances is just the beginning. Bethpage Federal Credit Union’s range of products & services is tailored to always make your dreams within reach.
Table of Contents
Bethpage Federal Credit Union CD Rates
| Certificate Term | Rate |
|---|---|
| 3 Month | 0.40% APY |
| 6 Month | 0.40% APY |
| 12 Month | 0.45% APY |
| 18 Month | 0.45% APY |
| 24 Month | 0.50% APY |
| 30 Month | 0.55% APY |
| 36 Month | 0.55% APY |
| 39 Month Bump-Up | 0.55% APY |
| 48 Month | 0.60% APY |
| 60 Month | 0.75% APY |
Bethpage Savings Rates
- Minimum balance as low as $50.00 to open
- Fixed-rate for terms up to 60-months
- Automatic rollover at maturity
- Bump Up is available for the 39-month term
- Youth Savings: 2.00% APY interest for the first $1,000; 0.35% APY interest for higher balances
- All Youth Accounts convert to a Regular Savings Account at age 21
- Custodial accounts available
| Youth Savings / Young Adult Savings (Balances $5.00 - $1,000.00) |
| 2.00% |
| Youth Savings / Young Adult Savings (Balances $1,000.01 - $10,000.00*) |
| .35% |
| Savings Accounts |
| .10% |
Annual Percentage Yield (APY) is in effect as of 10/11/2021 and subject to change, including after account opening, without notice. Certain restrictions may apply.
* There is no maximum balance limit to earn the APY and the limit of $10,000 is an illustrative example for APY computation purposes only.
Youth Savings Account – ages 17 and under. Young Adult Savings Account – ages 18-20.
For more information on Youth Savings Custodial Uniform Transfers to Minors Act (UTMA) accounts, please visit our NYUTMA page.
Bethpage Checking Account Rates
| Bethpage Free Checking | 0.40% APY |
| Capital One 360 | 0.10% APY |
| National Average | 0.27% APY |
Annual Percentage Yield (APY)) is in effect as of 10/11/2021 and is subject to change, including after account opening, without notice. APY will apply for each month that the member (i) is enrolled in online banking with eStatements, (ii) receives a direct deposit and (iii) makes 10 point-of-sale debit transactions. If conditions are not met in any given month, then the account will earn a 0.00% APY (transactions must post to the account by the last day of the month). No minimum balance requirements to earn APY.
CDs vs Fixed Annuity
A multi-year guaranteed annuity (MYGA) is essentially a CD that is issued by an insurance company rather than a bank. The table below compares and contrasts some of the key differences and similarities between the two.
| FEATURES | FIXED ANNUITY | CD |
|---|---|---|
| Issued By | Insurance Companies | Banks |
| Investment Amount | $2,000 - $1,000,000 | Essentially Any Amount |
| Investment Term | 2 years - 10 years | 3 months - 5 years |
| Interest Rates (APY) | Varies by product. | Varies by bank, term and investment amount. |
| Liquidity | Usually, 10% annually or interest earned. | Almost always accumulated interest. |
| Guarantees | Backed by Insurer & State Guaranty Associations. | Backed by the FDIC. |
| Death Benefit | May avoid probate. | Probate process required. |
Today's Best Guaranteed Annuity Rates
Fixed annuity rates are guaranteed for a set number number of years.
| Term | Insurer | Company Review | Rate | Annuity | AM Best | Application |
|---|---|---|---|---|---|---|
| 2 Years | 
| Upstream Life | 5.25% | Secure Legacy | B- | Apply |
| 3 Years |  | Aspida | 5.00% | Synergy Choice | A- | Apply |
| 4 Years |
| Upstream Life | 5.70% | Secure Legacy | B- | Apply |
| 5 Years |  | Farmers Life | 5.40% | Safeguard Plus | B++ | Apply |
| 6 Years | 
| Oceanview | 5.50% ($80K+) 5.15% ($20K-$80K) | Harbourview 6 | A | Apply |
| 7 Years | 
| Ibexis | 5.70% Simple | MYGA Plus | A- | Apply |
| 8 Years | 
| EquiTrust | 5.10% | Certainty Select | B++ | Apply |
| 9 Years | 
| Oxford Life | 5.10% | Harbourview 9 | A | Apply |
| 10 Years |
| Oceanview | 5.40% | Harbourview 10 | A | Apply |
Today's Best CD Rates
Best 3 Month CD Rates
| Best 3-Month CD Rates | APY | Term | Minimum |
|---|---|---|---|
| Signature Federal Credit Union | 5.55% | 3 Months | $500 |
| Ponce Bank | 5.40% | 3 Months | $1 |
| Western Alliance Bank | 5.41% | 3 Months | $1 |
Best 12 Month CD Rates
| Bank | Rate | Term | Minimum |
|---|---|---|---|
| All In Credit Union | 5.85% APY | 12 Months | $100,000 |
| My eBanc | 5.77% APY | 12 Months | $100,000 |
| State Bank of Texas | 5.75% APY | 12 Months | $50,000 |
Best 2 Year CD Rates
| Bank | Rate | Term | Minimum |
|---|---|---|---|
| Luana Savings Bank | 5.68% APY | 24 Months | $100,000.00 |
| Maple Mark Bank | 5.40% APY | 24 Months | $25,000.00 |
| Crescent Bank | 5.35% APY | 24 Months | $1,000.00 |
Best 3 Year CD Rates
| Bank | APY | Term | Minimum |
|---|---|---|---|
| Valley National Bank | 5.60% | 36 Months | $500 |
| Bread Savings | 4.95% | 36 Months | $1,500 |
| The State Exchange Bank | 4.70% | 36 Months | $1 |
Best 4 Year CD Rates
| Bank | APY | Term | Minimum |
|---|---|---|---|
| Bread Savings | 4.75% | 48 Months | $1 |
| The State Exchange Bank | 4.50% | 48 Months | $1 |
| Barclays | 4.45% | 48 Months | $1 |
Best 5 Year CD Rates
| Bank | APY | Term | Minimum |
|---|---|---|---|
| Farmers Insurance | 5.00% | 60 Months | $1,000 |
| Schools First Credit Union | 4.75% | 60 Months | $100,000 |
| Bread Savings | 4.75% | 60 Months | $1,500 |
Key Take-Aways
A certificate of deposit is very similar to a fixed annuity. If you are looking for a safe and steady way to grow your retirement savings you can learn more about fixed “CD Type Annuities“ here.
If you would like a personalized annuity quote you can contact us or use one of our fixed annuity calculators to see how much an annuity would pay you.
Frequently Asked Questions
Are Annuities FDIC Insured?
While not FDIC insured, State Guaranty Associations provide a safety net for their state’s annuity policyholders. These Guaranty Associations guarantee policyholders continue to receive coverage (up to the limits spelled out by state law) even if their insurer is declared insolvent. Source: “Learn to Invest, Investment Types, Annuities, Fixed Annuities.” Financial Industry Regulatory Authority (FINRA). Visit FINRA’s Fixed Annuities Webpage
Can you Loose money in a fixed annuity?
You can not lose money in a fixed annuity. However, guarantees are backed by the claims-paying ability of the issuing insurance company so it is important to consider an insurer’s financial rating when shopping for an annuity.
Does a Fixed Annuity Have any Fees?
Fixed Annuities do not have any fees or expenses unless you add an additional rider that was not mentioned on this page.
Bethpage FCU Contact Information
Bethpage CU Phone Numbers:
899 S. Oyster Bay Road
Bethpage, NY 11714
221473652
449104
