Dedicated to Deposits: Deals, Data, and Discussion
DETAILSINSTITUTIONAPYMINMAXPRODUCT
First Choice Bank (NJ)1.70%$1k-60 Month CD
First Choice Bank (NJ)1.20%$1k-36 Month CD
First Choice Bank (NJ)1.00%$1k-24 Month CD
First Choice Bank (NJ)0.85%$1k-18 Month CD
Accounts mentioned in this post. Rates as of April 23, 2014

Top CD and Money Market Rates at First Choice Bank in NJ - Local Only

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First Choice Bank (NJ)

First Choice Bank has some competitive CD and money market rates. Its most competitive CD is the 2-year term which has a 2.25% APY. Other competitive ones include the 1.75% APY 18-month CD, 2.50% APY 3-year CD and the 3.00% APY 5-year CD. Minimum deposit is $1,000. These rates are listed in the bank's FAQs Page as of 6/15/2010.

The bank also has a competitive money market account with a 1.50% APY as of 6/15/2010 for balances from $10K to under $250K. The rate is 1.75% APY for balances over $250,000. This has a history of top rates. My last post on this bank was in January 2009 when the rate for balances from $10K to $250K was 2.50% APY.

It appears a branch visit is required to open an account. The bank is located at 669 Whitehead Road, Lawrenceville, New Jersey.

The bank's ratings for safety and soundness are strong: 4 stars (excellent) at BauerFinancial, 4 stars (sound) at Bankrate.com and an overall health score of 4 out of 5 at DepositAccounts.com (see our First Choice Bank rates and reviews page). The ratings are based on 3/31/10 data except for Bankrate.com which is based on 12/31/09 data. The bank is a member FDIC (FDIC Certificate # 58471).

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  Tags: money market accounts, First Choice Bank (NJ), CD rates, New Jersey

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