DEPOSIT RATES
Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.
Annual Percentage Yields are accurate as of
Savings Rates and Terms
| Product | Minimum Opening Balance | Interest Rate | Annual Percentage Yield | Balance Required to Obtain APY |
|---|---|---|---|---|
| Passbook Savings | $ 100 | 1.00% | 1.02% | $ 100 |
| Statement Savings | $ 100 | 1.00% | 1.02% | $ 100 |
Variable Rate Account. Rate may change after the account is opened.
Certificates of Deposit Rates and Terms
| Product | Minimum Opening Balance | Interest Rate | Annual Percentage Yield | Balance Required to Obtain APY |
|---|---|---|---|---|
| 6 Month Certificate | $ 1,000 | 1.10% | 1.12% | $ 1,000 |
| 12 Month Certificate | $ 1,000 | 1.25% | 1.28% | $ 1,000 |
| 18 Month Certificate | $ 1,000 | 1.75% | 1.79% | $ 1,000 |
| 24 Month Certificate | $ 1,000 | 2.00% | 2.05% | $ 1,000 |
| 30 Month Certificate | $ 1,000 | 2.25% | 2.31% | $ 1,000 |
| 36 Month Certificate | $ 1,000 | 2.50% | 2.57% | $ 1,000 |
| 48 Month Certificate | $ 1,000 | 2.75% | 2.83% | $ 1,000 |
| 60 Month Certificate | $ 1,000 | 3.00% | 3.09% | $ 1,000 |
A penalty will be imposed for early withdrawals.
IRA Rates and Terms
| Product | Minimum Opening Balance | Interest Rate | Annual Percentage Yield | Balance Required to Obtain APY |
|---|---|---|---|---|
| 12 Month Certificate | $ 1,000 | 1.40% | 1.43% | $ 1,000 |
| 18 Month Certificate (Fixed Rate) |
$ 250 | 1.75% | 1.79% | $ 250 |
| 18 Month Certificate (Variable Rate) |
$ 100 | 0.19% | 0.19% | $ 100 |
| 24 Month Certificate | $ 1,000 | 2.00% | 2.05% | $ 1,000 |
| 30 Month Certificate | $ 1,000 | 2.25% | 2.31% | $ 1,000 |
| 36 Month Certificate | $ 1,000 | 2.50% | 2.57% | $ 1,000 |
| 48 Month Certificate | $ 1,000 | 2.75% | 2.83% | $ 1,000 |
| 60 Month Certificate | $ 1,000 | 3.00% | 3.09% | $ 1,000 |
The 18 Month Certificate (Variable Rate) is a variable rate account. The rate may change after the account is opened.
Checking Rates and Terms
| Product | Minimum Opening Balance | Interest Rate | Annual Percentage Yield | Balance Required to Obtain APY |
|---|---|---|---|---|
| Super N.O.W. Account |
$ 300 | 0.25% 0.50% |
0.25% 0.50% |
$ 100 $ 2,500 |
| Money Market Account |
$ 2,500 | 0.50% 1.00% |
0.50% 1.00% |
$ 100 $ 2,500 |
Variable Rate Account. Rate may change after the account is opened.
FOR MORE IMPORTANT INFORMATION, PLEASE REFER TO OUR “ACCOUNT TERMS” AND “FEE SCHEDULE”.
ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE.
