Hudson City Savings Bank Paying 1.40% APY on 24 Month CDs

Hudson City Savings Bank is now paying 1.40% APY on 24 month CDs.

The bank recently brought down its rate from 1.50% APY, which is being offered by Salem Five Bank and Mainstreet Bank. To purchase the certificates of deposit from the former, you will have to make a minimum deposit of $10,000, and for the latter, $500.