Magyar Bank CD Rates — October 2026
As of October 22, 2026, Magyar Bank's highest tracked CD rate is 4.50% APY on a 25-month special CD ($2,500 minimum). That is 2.9 times the FDIC national average for 24-month CDs (1.55%). Standard CD rates range from 1.50% to 4.00% APY.
Tracking began .
Magyar Bank CD rates
CDs from 91 days to 120 months with $1,000 or $2,500 minimums, including 9-, 14- and 25-month specials. Early withdrawal penalties may apply.
| Term | Product | APY | vs. Treasury | Source | |
|---|---|---|---|---|---|
| 91 days | 91-day Open Account | $1,000 | 1.50% | −2.79% | Top 73% of tracked 91-day CDs · Verified October 22, 2026 |
| 182 days | 182-day Open Account | $1,000 | 2.00% | −2.40% | Verified October 22, 2026 |
| 9 months | 9-Month Open Account Special | $2,500 | 4.00% | −0.48% | Top 25% of tracked 9-month CDs · Verified October 22, 2026 |
| 12 months | 12-month Open Account | $1,000 | 2.50% | −2.07% | Top 78% of tracked 12-month CDs · Verified October 22, 2026 |
| 14 months | 14-month Open Account Special | $2,500 | 4.40% | −0.22% | Verified October 22, 2026 |
| 18 months | 18-month Open Account | $2,500 | 2.50% | −2.22% | Top 77% of tracked 18-month CDs · Verified October 22, 2026 |
| 24 months | 24-month Open Account | $2,500 | 3.00% | −1.87% | Top 63% of tracked 24-month CDs · Verified October 22, 2026 |
| 25 months | 25-month Open Account Special | $2,500 | 4.50% | −0.37% | Verified October 22, 2026 |
| 36 months | 36-month Open Account | $2,500 | 3.50% | −1.45% | Top 39% of tracked 36-month CDs · Verified October 22, 2026 |
| 48 months | 48-month Open Account | $2,500 | 3.75% | −1.23% | Top 25% of tracked 48-month CDs · Verified October 22, 2026 |
| 60 months | 60-month Open Account | $2,500 | 4.00% | −1.01% | Top 21% of tracked 60-month CDs · Verified October 22, 2026 |
| 120 months | 120-month Open Account | $2,500 | 4.00% | −1.20% | Verified October 22, 2026 |
APY = annual percentage yield. "vs. Treasury" compares each APY with the Treasury yield for the same term on 2026-10-21 (converted to APY). Treasury interest is exempt from state income tax; see the T-bill vs. CD calculator.
What are Magyar Bank's best CD rates by term?
Magyar Bank's best rate is 4.50% APY on 25 months, verified October 22, 2026.
- 91 days1.50%
- 182 days2.00%
- 9 mo4.00%
- 12 mo2.50%
- 14 mo4.40%
- 18 mo2.50%
- 24 mo3.00%
- 25 mo4.50%
- 36 mo3.50%
- 48 mo3.75%
- 60 mo4.00%
- 120 mo4.00%
How much interest could a Magyar Bank CD earn?
Estimated interest at maturity for the displayed institution quotes, before tax or early withdrawal penalties. Each estimate assumes the quoted APY applies to that balance and interest stays deposited. Estimates use known deposit tiers. Upper balance limits and membership, relationship or new-money requirements must be confirmed with the institution; these are conditional estimates, not personalized offers.
$959.83 interest · $10,959.83 at maturity on $10,000.00.
4.50% APY · 25 months · 25-month Open Account · Special · verified October 22, 2026.
Before tax; interest remains deposited. Confirm all product conditions. Estimate one-year purchasing power.
| Term | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|
| 91 days | $18.591.50% APY · 91-day Open Account · Standard | $37.191.50% APY · 91-day Open Account · Standard | $92.971.50% APY · 91-day Open Account · Standard | $185.941.50% APY · 91-day Open Account · Standard |
| 182 days | $49.622.00% APY · 182-day Open Account · Standard | $99.232.00% APY · 182-day Open Account · Standard | $248.082.00% APY · 182-day Open Account · Standard | $496.152.00% APY · 182-day Open Account · Standard |
| 9 months | $149.404.00% APY · 9-Month Open Account · Special | $298.804.00% APY · 9-Month Open Account · Special | $747.004.00% APY · 9-Month Open Account · Special | $1,494.014.00% APY · 9-Month Open Account · Special |
| 12 months | $125.002.50% APY · 12-month Open Account · Standard | $250.002.50% APY · 12-month Open Account · Standard | $625.002.50% APY · 12-month Open Account · Standard | $1,250.002.50% APY · 12-month Open Account · Standard |
| 14 months | $257.704.40% APY · 14-month Open Account · Special | $515.404.40% APY · 14-month Open Account · Special | $1,288.504.40% APY · 14-month Open Account · Special | $2,577.004.40% APY · 14-month Open Account · Special |
| 18 months | $188.842.50% APY · 18-month Open Account · Standard | $377.692.50% APY · 18-month Open Account · Standard | $944.212.50% APY · 18-month Open Account · Standard | $1,888.432.50% APY · 18-month Open Account · Standard |
| 24 months | $304.503.00% APY · 24-month Open Account · Standard | $609.003.00% APY · 24-month Open Account · Standard | $1,522.503.00% APY · 24-month Open Account · Standard | $3,045.003.00% APY · 24-month Open Account · Standard |
| 25 months | $479.914.50% APY · 25-month Open Account · Special | $959.834.50% APY · 25-month Open Account · Special | $2,399.574.50% APY · 25-month Open Account · Special | $4,799.154.50% APY · 25-month Open Account · Special |
| 36 months | $543.593.50% APY · 36-month Open Account · Standard | $1,087.183.50% APY · 36-month Open Account · Standard | $2,717.953.50% APY · 36-month Open Account · Standard | $5,435.893.50% APY · 36-month Open Account · Standard |
| 48 months | $793.253.75% APY · 48-month Open Account · Standard | $1,586.503.75% APY · 48-month Open Account · Standard | $3,966.263.75% APY · 48-month Open Account · Standard | $7,932.523.75% APY · 48-month Open Account · Standard |
| 60 months | $1,083.264.00% APY · 60-month Open Account · Standard | $2,166.534.00% APY · 60-month Open Account · Standard | $5,416.324.00% APY · 60-month Open Account · Standard | $10,832.654.00% APY · 60-month Open Account · Standard |
| 120 months | $2,401.224.00% APY · 120-month Open Account · Standard | $4,802.444.00% APY · 120-month Open Account · Standard | $12,006.114.00% APY · 120-month Open Account · Standard | $24,012.214.00% APY · 120-month Open Account · Standard |
How Magyar Bank compares
Compare the displayed terms, minimums and quote locations. Membership, relationship and new-money conditions may apply. Institution quotes below use the exact 760-day term. Regional peers quote a shared operating state; nationwide best is limited to our tracked sample.
This quote ranks 1 of 19 tracked institutions with fresh 760-day quotes (ties share a rank). Each other institution contributes its highest APY for that exact term; minimums and eligibility can differ.
| Institution / benchmark | Term | Minimum | Who can open | APY | Verified / source date |
|---|---|---|---|---|---|
| Magyar Bank (this institution)25-month Open Account · Special | 25 months | $2,500 | Branches in NJ | 4.50% | October 22, 2026 |
| Fulton BankCertificate of Deposit Promo - New Money · Promotional | 25 months | $10,000 | Branches in DE, MD, NJ, PA, VA | 4.00% | October 22, 2026 |
| Ion BankCertificate of Deposit · Standard | 25 months | $500 | Branches in CT, NJ | 4.00% | October 22, 2026 |
| EverBankEverBank Performance® CDs · Standard | 25 months | Not stated | Available nationwide | 3.65% | October 22, 2026 |
| Dupaco Community Credit Union (highest tracked APY for this term)25 Month Fixed Jumbo Certificate Special · Promotional | 25 months | $100,000 | Membership required · branches in IA, IL, WI | 4.50% | October 22, 2026 |
| Treasury (APY-equivalent) | 25 months (term-matched estimate) | Depends on purchase method | Federal; interest exempt from state income tax | 4.87% | 2026-10-21 |
Rate changes
See changes across all tracked institutions
No changes since we started tracking Magyar Bank on October 22, 2026.
About Magyar Bank
- Legal name
- Magyar Bank
- Regulator ID
- FDIC 30704
- Headquarters
- New Brunswick, NJ
- Available in
- NJ
- Total assets
- $1.1 billion
- Also known as
- Website
- www.magbank.com
Source: rates read from https://www.magbank.com/rates/. See the page text we read.
Frequently asked questions
What is the highest CD rate at Magyar Bank?
Among the rates we track, 4.50% APY on a 25-month special CD, as of October 22, 2026.
What is the minimum deposit for a Magyar Bank CD?
The lowest minimum we found is $1,000; jumbo and higher balance tiers start at up to $2,500.
How does Magyar Bank's best CD rate compare with Treasury yields?
4.50% APY is −0.37% versus the 25-month Treasury yield of 4.87% (APY-equivalent) on 2026-10-21. Treasury interest is also exempt from state income tax.
Is 4.50% a good CD rate?
It is 2.9 times the FDIC national average for a similar term (1.55% as of 2026-10-19), which is a deposit-weighted average across all U.S. banks and credit unions. Online banks and promotional CDs often pay several times the national average.
Are Magyar Bank CDs insured?
Magyar Bank is an FDIC-insured bank (FDIC 30704). Deposits are insured up to $250,000 per depositor, per ownership category.
How often is this page updated?
We check Magyar Bank's rate page every day. The rates above were last verified on October 22, 2026.
More bank CD rates
Rates are copied from Magyar Bank's website and may change at any time. Confirm terms, minimums and eligibility with Magyar Bank before opening an account. This page is not financial advice.