Deposit Rates

 

Standard CD & IRA Rates- Effective August 26, 2020

CD TermMinimum Deposit to Open AccountInterest RateAnnual Percentage Yield (APY)

91 Day CD

$500.00

0.199%

0.20%

6 Months CD

$500.00

0.249%

0.25%

8 Months CD

$500.00

0.249%

0.25%

1 Year CD

$500.00

0.348%

0.35%

13 Months CD

$500.00

0.399%

0.40%

15 Months CD

$500.00

0.399%

0.40%

18 Months CD

$500.00

0.448%

0.45%

24 Months CD

$500.00

0.548%

0.55%

30 Months CD

$500.00

0.598%

0.60%

4 Year CD

$500.00

0.748%

.75%

5 Year CD

$500.00

1.049%

1.05%

Minimum deposit required to obtain the annual percentage yield. Interest is compounded daily and credited monthly. Rates subject to change without notice. A penalty may be imposed for premature withdrawal. Fees may reduce earnings on accounts.

Checking & Savings Rates

ProductMinimum Deposit to Open AccountInterest RateAnnual Percentage Yield (APY)

Passbook Savings

$10.00

0.149%

0.15%

Statement Savings

$10.00

0.149%

0.15%

NOW Checking

$100.00

0.100%

0.10%

Business Checking

$1.00

0%

0%

NJ Consumer Checking

$50.00

0%

0%

MMDA $1,000-$24,999

$1,000.00

0.249%

0.25%

MMDA $25,000-$99,999

$1,000.00

0.249%

0.25%

MMDA $100,000 Plus

$1,000.00

0.249%

0.25%

Minimum opening deposit and minimum balance to earn annual percentage yield. Rates subject to change without notice. Fees may reduce earnings on accounts.
Interest rates and APYs on checking and savings accounts are variable and are subject to change at managements' discretion. 

Opening an Account is Easy

Call us at (732) 462-6700 or visit us at the branch. Have questions? We have answers.

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