Dedicated to Deposits: Deals, Data, and Discussion

5.30% 6-Month / 5.30% 12-Month CD at Bank of New Jersey

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Bank of New Jersey is offering a 5.30% APY certificate of depsoit with terms from 6 to 12 months. The minimum deposit is $10,000. This special is scheduled to last until 12/31/07.

According to the bank representative, a branch visit is required. They're located in Fort Lee, New Jersey which is just across the river from Manhattan. It's a small bank with $181.7 million in assets and $130.1 million in deposits. The bank was just established in 2006. It's FDIC insured (Certificate # 58175).

Thanks to the reader who emailed me info on this special.

  Tags: CD rates, Bank of New Jersey, New Jersey

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