Dedicated to Deposits: Deals, Data, and Discussion
Oritani Bank1.50%$1k-3 Year CD
Oritani Bank1.50%$1k-3 Year IRA (Traditional,Roth,CESA)
Oritani Bank0.90%$1k-30 Month CD
Oritani Bank0.90%$1k-30 Month IRA (Traditional,Roth,CESA)
Accounts mentioned in this post. Rates as of August 21, 2014

Money Market Account Special at Oritani Bank in New Jersey - Local Only


Oritani Bank

Oritani Bank has a few good deposit deals. The first one is a money market special with a 1.30% APY guaranteed to 4/30/2011. This rate requires a minimum balance of $25K. In May the promotional rate will return to the standard money market rate (which is 1.00% as of 1/23/2011). Minimum balance of $1K is required to avoid a $10 monthly fee. This special is listed at the bank's MMA promotions page as of 1/23/2011.

The bank is also offering some competitive CD and IRA CD rates. The best ones include a 1.65% APY 30-month CD and a 1.85% APY 3-year CD. These are also available as IRA CDs with rates 10 basis points higher. These rates are listed in the bank's rates page as of 1/23/2011.

It appears that a branch visit is required to open an account. Branches are located in the New Jersey counties of Bergen, Passaic and Hudson.

The bank has an overall health score at of 5 out of 5 with a Texas Ratio of 11.33% (excellent) based on September 2010 data. Please refer to our financial overview of Oritani Bank for more details. The bank has been a FDIC member since 1939 (FDIC Certificate # 28866).

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  Tags: Oritani Bank, New Jersey, money market accounts, CD rates, IRA rates

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