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Browse through the stories below to view current deals for New Jersey banks or select an item from the menu bar above to view current rates in New Jersey.

The Berkshire Bank's 18-month CD Interest Rate Continues to Rise
The Berkshire Bank

The interest rate on The Berkshire Bank's (NY) 18-month CD has been steadily rising since October 2013, and is currently at 1.20% APY. The minimum opening deposit for this CD is $1K, with a balance cap of $500K; it is also available as an IRA. Interest is compounded daily and may be withdrawn before the CD matures.

The Early Withdrawal Penalty, as described in The Berkshire Bank's Account Agreement and Disclosure, is substantial:

The Berkshire Bank is also offering a new Super Security Checking...

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Citizens Bank's CollegeSaver Account Rewards with End of Term $1,000 Bonus - 0.1%
RBS Citizens, National Association

With school starting soon, it's a good time to review your college savings plan options. And if you say, "What college savings plan?", you may want to consider Citizens Bank's "CollegeSaver Account," as a starting point. The CollegeSaver Account pays a $1K bonus at the end of the deposit term. You will owe taxes on the interest, as the CollegeSaver Account is not a 529, but the funds saved and the $1K bonus do NOT have to be spent on educational costs.

To qualify for the...

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Money Market Promotion at Investors Bank in New Jersey
Investors Bank

Investors Bank is offering a very nice money market promotion. It guarantees a 1.25% APY for one year from the date of account opening. It requires a branch visit to only certain Investor Bank branches in New Jersey. A new consumer money market account must be opened with a minimum deposit of $10,000 by 10/4/2014. New money is required. The 1.25% APY for one year only applies to balances from $10,000 to $2 million. Balances below $10,000 and above $2 million receive only an 0.10% APY. After the first year,...

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1st Colonial Community Bank Again Increases 3-Year and 5-Year CDs
1st Colonial Community Bank

1st Colonial Community Bank (southern NJ/Philadelphia metro area) has again increased the rates on their 3-year and 5-year CDs. The rates on these two CDs (also available as IRAs) have consistently risen since early 2012. 1st Colonial's website currently lists the 3-year CD at 1.51% APY and the 5-year CD at 2.01% APY. Both can be opened with an initial deposit of $500, but there is a maximum deposit of $250K per Tax ID Number. 1st Colonial's website states there is a "substantial penalty for early...

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Another Top 15-Month CD Rate at Aspire Federal Credit Union - 1.26%
Aspire Federal Credit Union

Aspire Federal Credit Union increased the rate of its 15-month CD to the competitive level of 1.26% APY. Minimum deposit is $1,000. This rate applies to an eCertificate which are share certificates opened online via My CU Online. The rate is 0.10% lower if the certificate is opened at one of the credit union’s branches. This 15-month CD is listed in the credit union’s rates page as of 6/24/2014.

For more details about the CDs, please refer to Aspire’s Policies & Disclosures page. In the bottom half of the list...

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USAlliance FCU Increases Rate of its 35-Month CD Special - 1.71%
USAlliance Credit Union

USAlliance Federal Credit Union has made a nice change to its spring CD special. The rate of its special 35-month CD increased from 1.61% to 1.71% APY. Its special 13-month CD rate remains at the very competitive level of 1.21% APY. Both have a $500 minimum deposit with no maximum deposit. New money and eStatements are required. These specials are listed at the credit union’s CD specials page as of 5/23/2014.

In my last review of USAlliance CDs, DA member cumulus described his experience last year with opening a USAlliance...

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Special CDs with Top Rates at USAlliance FCU - Easy Membership - 1.71%
USAlliance Credit Union

USAlliance Federal Credit Union has regularly offered CD specials. The latest one is a spring special with two very competitive CD rates: 1.21% APY for a 13 month term and 1.61% APY for a 35 month term. Minimum deposit is $500, and there’s no maximum deposit. New money and eStatements are required. These specials are listed at the credit union’s CD specials page as of 5/2/2014. Thanks to DA readers cumulus and scottj who mentioned these promos in the DA forum.


The credit union has an online application that can...

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Capital One Business Checking Promotion with a $250 Bonus - Branch Only
Capital One Bank

Capital One is again offering a nice bonus for new business checking accounts. It’s not as nice as last year’s bonus, but it’s still a good deal. The current bonus is $250, and it’s scheduled to last until 4/30/2014. If it’s like past promotions, Capital One will probably extend it. The promotion requires a branch visit (see below for branch locations).

Here’s the link to the promotion at, and here’s a summary of what’s required to earn the $250 bonus:

  • Show this offer to a banker when you open your new...
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PNC’s New Account Bonuses of up to $400 in Several States

PNC Bank has some new promotions for its Virtual Wallet accounts. If you live in one of the qualifying states, you can earn up to $400 in bonuses. This is a big increase from its past promotions. You still have to be careful to avoid monthly service charges.

Here’s the link to PNC’s $400 promotion page. The offer is scheduled to end on 8/29/2014 5/31/2014. You can open the account online or choose to have them email you a coupon to take to a branch. There are three levels of bonuses....

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New Reward Checking Account at Manasquan Savings Bank in the Northeast
Manasquan Savings Bank

Manasquan Savings Bank has just launched a high-interest reward checking account under the Kasasa brand. It’s called Kasasa Cash, and it has a competitive rate and balance cap. The bank also launched three other Kasasa products. One is a savings account called Kasasa Saver and the other two are checking accounts called Kasasa Tunes and Kasasa Cash Back. Below is a summary of the rates and features of the Kasasa Cash and Kasasa Saver accounts as of 4/4/2014:

Kasasa Cash account rates and ATM fee refunds if monthly requirements are met:

  • 2.00%...
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Special 18-Month CD Rate at South Jersey FCU
South Jersey Federal Credit Union

South Jersey Federal Credit Union is offering a very competitive rate on a special 18-month CD. It has a 1.26% APY with a $1,000 minimum deposit. The rate is also available in an IRA CD. This special is listed at the top of the credit union’s CD rates page as of 3/26/2014.

Membership is open to anyone who lives, works, worships or attends school in any of the following New Jersey communities: Atlantic City, Bridgeton, Camden, Millville, Pleasantville, Salem and Vineland. You can also be eligible via select employers or via...

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Top Promotional CD Rates at Garden Savings FCU in New Jersey
Garden Savings Federal Credit Union

Garden Savings Federal Credit Union has recently begun a promotion with three very competitive certificates. These include a 1.00% APY 6-month CD, a 2.02% APY 4-year CD and a 2.53% APY 5-year CD. Minimum deposit is $500. These rates are listed in the credit union’s rates page as of 3/11/2014. They’re also listed in the credit union’s promotion page. According to that page, this is a limited-time offer that’s scheduled to end on 3/31/2014. Thanks to the DA member Sylvia who posted this promotion in the forum.

Update 3/26/2014:...

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