Here at Peak Personal Finance, we regularly like to see how certificate of deposit accounts and offers are doing at various banks our readers frequent. Today, we’re going to have a look at Susquehanna Bank CD rates and show you what kind of savings options they’re offering now.
CD rates at Susquehanna range in terms from 7 days to 120 months. For the very short term investment, a 7-31 day term yields 0.05% (minimum balance of $20,000), 0.10% ($50,000) or 0.15% annual percentage yield (APY, $100,000). From 32-90 days, rate are the same for the same balance tiers.
For a slightly longer term, Susquehanna CD rates are a little better with 3-5 month rates starting at 0.20% APY ($2,500 minimum deposit), 0.25% APY ($50,000), and 0.30% APY ($100,000).
Still considered short term, the 6-11 month savings tier gives Susquehanna Bank certificate of deposit rates at 0.35% APY ($1,000 minimum deposit/balance required), 0.40% APY ($50,000), and 0.45% APY ($100,000).
Moving beyond a year into longer-term Susquehanna Bank CD rates, there are a lot of offers, most of which are somewhat competitive nationally, but aren’t the best CD rates available. All of these CD rates require only a $500 minimum to get in the first tier then $50,000 and $100,000 for the next two tiers (listed in order here).
For 12-17 months, tiers start at 0.50% APY, then go to 0.55% and 0.60% APY. At 18-23 months, they rise to 0.65% APY with 0.70% and 0.75% APY in the next tiers. At 24-35 months they are 1.00%, 1.05%, and 1.09% APY in each tier. 36-47 months gives 1.49% APY, 1.54%, and 1.59% APY. 48-59 months yields 1.59%, 1.64%, and 1.69% APY in each tier of Susquehanna CD rates.
60-71 months gives 1.69%, 1.74%, and 1.79% APY. 72-83 months gives 1.93%, 1.98%, and 2.03% APY while 84-119 months gives the same. 120 months gives 2.28%, 2.33%, and 2.37% APY in respective tiers of deposit.
Susquehanna is FDIC insured.
