Global Bank savings, CD and money market rates
Global Bank advertises 0.20% APY on its Statement Savings account. That is 0.18 percentage points below the national savings average of 0.38% (FDIC, Aug 2026).
Ranked #260 of 402 tracked savings rates by advertised APY. For a $10,000 balance it would rank #232. The advertised rate has not changed in the 2 weeks since Banksparency began tracking it.
Global Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 0.20% · Statement Savings |
| Minimum to open | $100 · Statement Savings |
| Against the national average | 0.18 percentage points below the 0.38% FDIC savings average (Aug 2026) |
| CDs | |
| Top CD APY | 4.00% · 13 months · 13-Month Certificate of Deposit |
| Minimum to open | $1,000 · 13 months CD |
| Against the national average | 2.29 percentage points above the 1.71% FDIC 12-month CD average (Aug 2026) |
| Money market | |
| Top money market APY | Up to 3.25% · Personal Money Market · needs at least $250,000 |
| Minimum to open | $100 · Personal Money Market |
| Against the national average | 2.62 percentage points above the 0.63% FDIC money market average (Aug 2026) |
| FDIC certificate | 58263 · New York, NY |
|---|---|
| Website | www.globalbankny.com |
| Branches | 3 branches in NY |
| Availability | Available in NY |
Global Bank savings, CD and money market rates
Personal
How the rate applies
IRA
Business
How the rate applies
Rates are APY. The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.00%. Across 57 savings accounts from 55 banks in the Banksparency core savings index, the median advertised rate is 3.52%, and one account in ten advertises 4.01% or more. See the highest savings rates.
Global Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 1 months | 0.30% | $1,000 | 1-Month Certificate of Deposit |
| 3 months | 3.75% | $1,000 | 3-Month Certificate of Deposit |
| 5 months | 3.00% | $1,000 | 5-Month Certificate of Deposit |
| 6 months | 3.90% | $1,000 | 6-Month Certificate of Deposit |
| 9 months | 3.50% | $1,000 | 9-Month Certificate of Deposit |
| 12 months | 3.75% | $1,000 | 12-Month Certificate of Deposit |
| 13 months | 4.00% | $1,000 | 13-Month Certificate of Deposit |
| 15 months | 3.75% | $1,000 | 15-Month Certificate of Deposit |
| 18 months | 3.75% | $1,000 | 18-Month Certificate of Deposit |
| 24 months | 3.75% | $1,000 | 24-Month Certificate of Deposit |
| 36 months | 3.75% | $1,000 | 36-Month Certificate of Deposit |
| 48 months | 3.75% | $1,000 | 48-Month Certificate of Deposit |
| 60 months | 3.75% | $1,000 | 60-Month Certificate of Deposit |
| IRA CDs | |||
| 12 months | 3.50% | $1,000 | 12-Month Roth IRA CD |
| 12 months | 3.50% | $1,000 | 12-Month Traditional IRA CD |
| 24 months | 3.50% | $1,000 | 24-Month Roth IRA CD |
| 24 months | 3.50% | $1,000 | 24-Month Traditional IRA CD |
| 36 months | 3.50% | $1,000 | 36-Month Traditional IRA CD |
| 36 months | 3.50% | $1,000 | 36-Month Roth IRA CD |
| 48 months | 3.50% | $1,000 | 48-Month Roth IRA CD |
| 48 months | 3.50% | $1,000 | 48-Month Traditional IRA CD |
| 60 months | 3.50% | $1,000 | 60-Month Traditional IRA CD |
| 60 months | 3.50% | $1,000 | 60-Month Roth IRA CD |
Interactive Tool
Calculate Savings for Global Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$961.40(6.4%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,961.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Global Bank pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced all of its deposits over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q1 2026, Global Bank paid a higher average rate than 97% of U.S. banks (all-bank median 2.27%).
- Global Bank, avg rate paid
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers every account that earns interest: savings, interest checking, money market accounts, CDs, and personal and business accounts at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older balances at the rates of earlier years, everyday transaction balances, and CDs that were priced in a different rate environment. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rate paid on interest-bearing deposits, quarterly. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| Statement Savings | 0.20% | $100 | $0 | None | not stated | not stated | One rate | |
| Personal Money Market | 3.25% | $100 | $100 | None | not stated | not stated | Tiered | |
| Business | ||||||||
| Business Money Market | 3.25% | $100 | $100 | None | not stated | not stated | Tiered | |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 1-Month Certificate of Deposit | 1 months | 0.30% | $1,000 | not stated | not stated |
| 3-Month Certificate of Deposit | 3 months | 3.75% | $1,000 | not stated | not stated |
| 5-Month Certificate of Deposit | 5 months | 3.00% | $1,000 | not stated | not stated |
| 6-Month Certificate of Deposit | 6 months | 3.90% | $1,000 | not stated | not stated |
| 9-Month Certificate of Deposit | 9 months | 3.50% | $1,000 | not stated | not stated |
| 12-Month Certificate of Deposit | 12 months | 3.75% | $1,000 | not stated | not stated |
| 13-Month Certificate of Deposit | 13 months | 4.00% | $1,000 | not stated | not stated |
| 15-Month Certificate of Deposit | 15 months | 3.75% | $1,000 | not stated | not stated |
| 18-Month Certificate of Deposit | 18 months | 3.75% | $1,000 | not stated | not stated |
| 24-Month Certificate of Deposit | 24 months | 3.75% | $1,000 | not stated | not stated |
| 36-Month Certificate of Deposit | 36 months | 3.75% | $1,000 | not stated | not stated |
| 48-Month Certificate of Deposit | 48 months | 3.75% | $1,000 | not stated | not stated |
| 60-Month Certificate of Deposit | 60 months | 3.75% | $1,000 | not stated | not stated |
| IRA CDs | |||||
| 12-Month Roth IRA CD | 12 months | 3.50% | $1,000 | not stated | not stated |
| 12-Month Traditional IRA CD | 12 months | 3.50% | $1,000 | not stated | not stated |
| 24-Month Roth IRA CD | 24 months | 3.50% | $1,000 | not stated | not stated |
| 24-Month Traditional IRA CD | 24 months | 3.50% | $1,000 | not stated | not stated |
| 36-Month Traditional IRA CD | 36 months | 3.50% | $1,000 | not stated | not stated |
| 36-Month Roth IRA CD | 36 months | 3.50% | $1,000 | not stated | not stated |
| 48-Month Roth IRA CD | 48 months | 3.50% | $1,000 | not stated | not stated |
| 48-Month Traditional IRA CD | 48 months | 3.50% | $1,000 | not stated | not stated |
| 60-Month Traditional IRA CD | 60 months | 3.50% | $1,000 | not stated | not stated |
| 60-Month Roth IRA CD | 60 months | 3.50% | $1,000 | not stated | not stated |
Opening and using the account
| Availability | Available in NY |
|---|---|
| Footprint | 3 branches in NY |
| Eligibility | not stated |
How Global Bank behaves over time
Every observation of the advertised Statement Savings rate in the last 12 months was 0.20% (observed through Sep 2, 2026). The series includes promotional tiers where one applied.
Global Bank has not changed its advertised savings rate in the 2 weeks since Banksparency began tracking it.
- Statement Savings
- The same as 7 days ago.
- 13 months CD
- The same as 7 days ago.
- Personal Money Market
- The same as 7 days ago.
- Rate last changed
- Aug 16, 2026(effective date)
$10,000 at the 0.20% APY Global Bank advertises on Statement Savings grows to $10,020 in a year. Prices rose 3.4% in the year to July 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,694 does today. See how the federal funds rate shapes savings rates.
Global Bank CD rates over time
Who is Global Bank?
| Headquarters | New York, NY |
|---|---|
| Founded | 2007 |
| Scale | $280M assets · $204M deposits, $177M of it interest-bearing (Q1 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 58263 |
Financial detail is in What Global Bank pays on deposits above.
Common questions about Global Bank
Is Global Bank FDIC insured?
Yes. Global Bank is FDIC insured under certificate 58263, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Global Bank?
Global Bank requires a minimum deposit of $100 to open its Statement Savings account, as observed on Sep 2, 2026. Check the bank's current terms before you open an account.
Does Global Bank have branches?
Yes. Global Bank operates 3 branches according to FDIC branch records, in addition to its website and mobile apps.
Global Bank against its closest alternatives
| Bank | Savings APY | Rate paid (Q1 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Global Bank | 3.25% | 3.71% | $100 | 3 branches in NY |
| First National Bank of Clarksdale | 3.25% | 2.67% | $100,000 | 5 branches in MS |
| Affirm | 3.20% | 3.61% | $0 | not stated |
| Flagstar Bank | 3.20% | 3.07% | $1 | 345 branches across 10 states |
Alternatives are the three tracked banks whose highest savings APY is closest to Global Bank's.
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Rate hubs: today's highest savings rates, CD rates by term, and money market rates.