Dedicated to Deposits: Deals, Data, and Discussion

4.25% 7-Month CD at Crown Bank in New Jersey

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Crown Bank is offering a special 4.25% APY 7-month CD. The minimum deposit is $1,000. The special doesn't seem to be listed at the bank's website. It was advertised in the September 3rd New Jersey newspaper. The ad is available online here.

It appears that a branch visit is required to open an account. Branches are located in the cities of Newark, Harrison, Elizabeth, Brick, Linnwood and Ocean City.

The bank has some decent financial numbers: 3.5 stars (good) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both are based on 3/31/08 data.

The bank has been FDIC insured since 1998 (FDIC Certificate # 34259).
  Tags: Crown Bank, CD rates, New Jersey

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