State Bank of Long Island knows the importance of timing when it comes to your savings. That's why we've created a unique COD/Time Deposit savings program for people who like to maintain higher balances and earn higher interest rates.

Certificates of Deposit offer you great flexibility in managing your investments effectively. They are an excellent complement to every investor's portfolio because they protect against investment risks by guaranteeing a competitive interest rate for a period of time. All COD deposits are insured to the FDIC limits allowed. Click here for the current rates.

Here's what State Bank can offer you:

Tax-Deferred Time Deposit: If your needs include tax-deferred COD investments, then our Tax-Deferred COD is for you. Click here for more information.

Time Deposit (Certificate of Deposit): Whether you like your CODs for terms of seven (7) days or five (5) years, we have one that's just right for you. Click here for more information.

Jumbo Certificates of Deposit:Investors can earn a high yield with our Jumbo Certificates of Deposit. Click here for more information.

CDARS^® Investments
If you have at least $100,000, and you are concerned about FDIC Insurance coverage, then CDARS® is the program for you. Click here for more information.

To request information on these or any of our consumer products, click here. We also invite you to visit one of our branches and talk to a customer service representative.