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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.

Bogota Savings Bank Offers 2 Online CDs At Competitive Rates
Bogota Savings Bank

Bogota Savings Bank (New Jersey) is offering two "Online Only" CDs with attractive rates: a 6-month CD (1.00% APY) and a 17-month Tiered CD (1.21% APY). The 6-month CD requires a minimum $1K opening deposit and the 17-month Tiered CD requires a minimum $25K to open. Neither CD has a maximum balance cap. The Early Withdrawal Penalty on the 6-month Online CD is 91 days simple interest, and 180 days for the 17-month Tiered Online CD.

To call the 17-month CD "Tiered" is a bit of...

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Susquehanna Bank Offers New Promotional Money Market Account - 1.2%
Susquehanna Bank

A few days ago, Susquehanna Bank unveiled a new Promotional Money Market Account with a very attractive interest rate of 1.20% APY. This rate is guaranteed for a period of 4 months from account opening or account conversion. The minimum deposit for this Promotional MMA is $10K and there is no maximum balance cap. Interest is compounded and credited on a monthly basis, and if the account is closed before the interest is credited, you will receive the accrued interest.


Susquehanna Bank's market...

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Special 2-Year CD with Top Rate at XCEL Federal Credit Union
Xcel Credit Union

Update 8/22/2014: The CD specials have ended and are no longer available.

XCEL Federal Credit Union is offering a summer CD special with two special CDs. One is especially competitive. It’s a 2-year CD with a 2.00% APY. The other one isn’t quite as good. It’s a 1-year CD with a 1.00% APY. Minimum deposit for both is $10,000, and new money is required (funds not already on deposit with the credit union). Details of these special CDs are listed in this credit union promotions page as of 8/20/2014. According to...

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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 Interest is compounded daily and may be withdrawn before the CD matures.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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