Dedicated to Deposits: Deals, Data, and Discussion
Grand Bank, N.A.1.01%$1k-24 Month CD
Grand Bank, N.A.1.01%$1k-24 Month Business CD
Grand Bank, N.A.0.75%--Reward Checking
Grand Bank, N.A.0.70%$75k-Business Money Market
Grand Bank, N.A.0.60%$1k-15 Month CD
Grand Bank, N.A.0.60%$1k-15 Month Business CD
Grand Bank, N.A.0.50%$50k-Personal Money Market
Accounts mentioned in this post. Rates as of August 20, 2014

Top CD, Money Market and Reward Checking Rates at Grand Bank in NJ - Local Only


Grand Bank, N.A.

Grand Bank, N.A. has competitive rates on several of its deposit products. Its reward checking account yield is still 4.01% APY on balances up to $25K. This is the same rate that it was when I first reported on this in April 2009. However, the money market account rate has gone down since then. However, the rate is still competitive with a top rate of 1.50% APY on balances of at least $50K. The CD rates are also notable. The best ones include a 2.10% APY 24-month CD and a 1.70% APY 15-month CD. These rates are listed in the bank's rates page as of the morning of 7/01/2010.

It appears a branch visit is required to open an account. Branches are located in Hamilton and Hamilton Square, New Jersey.

The bank's ratings for safety and soundness are a little weak: 2 stars (problematic) at BauerFinancial, 3 stars (performing) at and an overall health score of 3 out of 5 at (see our Grand Bank financial overview). These ratings are based on 3/31/10 data except for Bankrate which is based on 12/31/09 data. The bank has been a FDIC member since 2002 (FDIC Certificate # 57274).

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  Tags: Grand Bank, N.A., CD rates, money market accounts, New Jersey

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