Thursday, February 4, 2010 - 8:11 AM

1st Constitution Direct Savings Account Promo Rate Falls

1st Constitution Bank (0 stars) - Details

The 3mo promo rate fell from 1.50% to 1.25% APY. That's the same as the standard rate for balances over $10K (which can't be a good sign). The standard rate below $10K is now 0.50%.

Refer to my 1st Constitution Direct review for more info and the rate history.

KenBDG5,144 posts since
Nov 29, 2009
Rep Points: 117,019

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This post applies to the following states: NJ.

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Summary

1. Friday, February 5, 2010 - 1:19 PM

The current APY is now higher at 1st Constitution's brick and mortar bank (1.45% vs 1.25%)

They obviously want out of the internet bank business

Its too bad because they were very competitive for the past 18 months and were great to work with

Anonymous963 posts since
May 9, 2010
Rep Points: 1,953