Parke Bank is offering two competitive CD specials as of 8/30/2010:
- 1.50% APY 11-month CD and IRA CD
- 1.65% APY 18-month CD and IRA CD
When I last reported on this bank in June
, the 11-month CD rate was a little higher.
The bank also has a special savings account that pays 1.40% APY (Parke Preferred Savings Special). This had been 1.50% in June.
It appears that a branch visit is required to open accounts. Branches are located in the New Jersey cities of Sewell and Northfield and in Philadelphia.