Dedicated to Deposits: Deals, Data, and Discussion

4.25% 5-Month CD at a New Jersey Bank - and $100 Checking Bonus (OceanFirst)

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OceanFirst Bank is having a grand opening special at its new Freeport office. One special is a 4.25% APY 5-month CD. The minimum deposit is $500, and the maximum is $100,000. It requires that you also open their Simply Great Checking Account.

When you open the Simply Great Checking Account, you can also qualify for a $100 bonus when you add direct deposit. You have 60 days to initiate direct deposit. The checking requires a minimum monthly balance be maintained or a direct deposit or debit transaction to avoid a monthly service charge.

This special doesn't seem to be listed at the bank's website. It's being advertised in this online ad. These specials are only available at the two Freehold, NJ branches.

The bank has been FDIC insured since 1938 (Certificate # 28359).
  Tags: OceanFirst Bank, CD rates, New Jersey, checking account

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