Best HSBC Bank CD Rates Today
Posted on July 12th, 2011
The Best HSBC Bank CD rates today are from a financial institution that was founded in the Far East back in 1865. Its full name that is rarely used is the Hong Kong and Shanghai Banking Corporation.
In 1980 they purchased the controlling shares in Midbank of NY from which their US base was established. Today they have branched out into California and Florida as well as having 400 branch offices in New York.
For investing your money, this is a nationally chartered bank that is part of the HSBC Holding Corporation with its US headquarters based in New York, New York.
The current certificates of deposits rates include the 3 months CD has an APY of 0.05%. The 4 months CD has an APY of 0.05%. The 6 months CD has an APY of 0.10% The 7 months CD has an APY of 0.10%.
The 8 months CD has an APY of 0.10%. The 9 months CD has an APY of 0.10% The 11 months CD has an APY of 0.10%. The 1 year plus 1 day CD has an APY of 1.01%.
The 13 months CD has an APY of 0.20%. The 15 months CD has an APY 0.20%. The best CD rates are from the 2 years CD that is earning an APY of 0.35%.
To acquire these bank CD rates a minimum deposit of $1000 is required. Like all other financial institutions, the HSBC CD rates have fallen since they were lasted reported that can be contributed to the bad economy America is still experiencing.
The Best HSBC Bank CD rates today were posted on July 5, 2011 but are subject to change without notice.
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