South Jersey Federal Credit Union ended its special 4.17% 17-month CD, but it continues to offer very competitive standard CD rates. These include a 3.66% APY for 12 months, 3.71% APY for 2 years and 3.82% APY for 3 years. Minimum deposit is $50,000. Slightly lower rates are available for a $20,000 minimum and a $1,000 minimum deposit. The same rates are also available for IRA certificates. These rates are listed at the credit union's rate table as of 3/08/09.
Membership is open to anyone who lives, works, worships or attends school in any of the following New Jersey communities: Atlantic City, Bridgeton, Camden, Millville, Pleasantville, Salem and Vineland. You can also be eligible via select employers or via family. Please see their membership eligibility page for more details. Membership requires a one-time $10 fee and a minimum deposit of $25 into the Statement Savings account.
Branches are located in the New Jersey cities of Deptford, Camden, Pleasantville, Egg Harbor Township, Vineland and Voorhees.
The credit union is federally insured by the NCUA (Charter # 3951).