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|Type of Account||Minimum Opening Balance||Interest Rate||Annual Percentage Yield|
|13 Month (1,4)||$25,000||2.39%||2.45%|
|14 Month Special Promo with Premier Interest Checking (5)||$250||2.44%||2.50%|
|60 Month (maximum $250,000) (2,3,4)||$1,000||2.92%||3.00%|
|84 Month (3,4)||$1,000||3.15%||3.25%|
Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.
ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. Penalties for early withdrawal.
1. Minimum deposit of $25,000 to open. All deposits must be new-to-bank funds and cannot be transferred from an existing account. Maturing CD customers can add $25,000 from an outside source to an existing 13-Month CD to receive the 2.45% APY. CD automatically renews at maturity. Each renewal term will be 12 months. The APY for the renewal term will be the APY in effect for the 12-month CD at the time of renewal. You will have 7 calendar days after the maturity date to withdraw funds without penalty. 2. Maximum deposit of $250,000 for each Tax ID. 3. Minimum deposit of $1,000 to open. For IRA Bump-Up Certificate of Deposit (CD) Accounts, during your term you are permitted to make a one-time request to increase your interest rate at your discretion. Your request to adjust your interest rate is limited to the rate in effect for your IRA Bump-Up CD at the time of your request. A one-time interest rate increase will not extend the original maturity date of your account. 4. Annual Percentage Yield (APY) effective as of 8/8/18. APYs are subject to change without notice and offer may be withdrawn at any time without notice. No public or corporate funds. Penalty for early withdrawal. Fees could reduce earnings. Other rates and terms also available.
5. Annual Percentage Yield (APY) is accurate as of 8/8/18. To qualify to open a 14-Month CD at 2.50% APY ($250 minimum deposit to open, maximum deposit of $250,000 for each Tax ID), you must open or have a Premier Interest Checking Account (PICA). The PICA is an interest-bearing checking account that has a $100 minimum deposit to open and a $1,000 minimum balance to avoid a $10 monthly service fee. All deposits in the 14-Month CD must be new-to-bank funds and can’t be transferred from an existing account. As long as the PICA remains open, you may deposit new-to-bank funds ($250 minimum increments) to the initial maturity date of the 14-Month CD (principal balance cannot exceed $250,000). If the PICA is closed, the APY of the 14-Month CD will convert to our current 12-Month CD APY and additional deposits into the CD will no longer be permitted. Penalty for early withdrawal. Fees could reduce earnings. No public or corporate funds. CD automatically renews at maturity. Each renewal term will be 12 months. The APY for the renewal term will be the APY in effect for the 12-month CD at the time of renewal. You will have 7 calendar days after the maturity date to withdraw funds without penalty. This offer may be withdrawn or changed at any time for any reason without notice. Other rates and terms also are available.
See a customer service representative or visit www.roselle.bank for more details.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.