Credit Union of New Jersey Has Top-Rate 4-Year Leap Day CD


Availability: State of New Jersey employees and other state agency employees; approximately 300 SEGs; residents of Ewing Township, NJ, and portions of Burlington County and the city of Trenton.

Credit Union of New Jersey (CUNJ) will be offering a Leap Day Special 4-Year Certificate (2.90% APY) only February 29, 2016 (Leap Day).

The Leap Day Special 4-Year Certificate is a "One Day Deal" only, and the specific requirements and limitations are as follows:

  • $5 minimum deposit is required into a Main Share Savings Account in order to establish membership and qualify for this offer.
  • Minimum deposit is $5K and maximum deposit is $50K.
  • One per member.
  • New money only.
  • Must open in branch or through employer visit on 2/29/16.
  • Early withdrawal penalty is 90 days dividends.

Many thanks to DA reader, jkinmd, for posting this deal in the Forum.


Headquartered in Ewing, Credit Union of New Jersey field of membership is varied, including employment, residency, and familial relationships as determinant factors.

Employment - Individuals who work for the State of New Jersey, or a state agency, commission, or authority are eligible for membership.

SEGs - Individuals who are employed by nearly 300 SEGs also qualify for membership.

Residency - Individuals who live, work, worship, or attend school in Ewing Township are eligible. Residents of parts of Burlington County or the city of Trenton also qualify.

Relationship Retirees of these organizations and family members related by blood or marriage (aunts, uncles, grandparents, cousins, in-laws), are also eligible to join.

Complete details about membership eligibility are available on CUNJ’s website.

Joining CUNJ can be done online or any of six New Jersey branches located in Ewing (3), Princeton, Trenton, and Willingboro.

The membership application is also available as a download, which would expedite opening the Leap Year 4-Year Special Certificate if you are new to CUNJ.

The fine print on CUNJ’s Special Promotions page reads "Must open in branch or through employer visit on 2/29/16," so it appears current members can open this CD at their workplace.

Credit Union Overview

Credit Union of New Jersey (NCUA Charter # 65597) has an overall health grade of "B" at, with a Texas ratio of 17.89% (above average) based on September 30, 2015 data. In the past year, CUNJ has improved its Texas Ratio by 22.25%, an indication of balance sheet and financial strength. Please refer to our financial overview of Credit Union of New Jersey for more details.

Credit Union of New Jersey was established in1943 to serve New Jersey State Highway Department employees. In the beginning, CUNJ only offered share accounts and personal loans. Today, Credit Union of New Jersey has grown to over 40,000 members and assets in excess of $327 Million.

How the CD Compares

When compared to the 192 similar length-of-term CDs tracked by that require a similar minimum deposit and are available to New Jersey residents, Credit Union of New Jersey’s Leap Day Special 4-Year Certificate is clearly the winner, if only for a day.

The above rates are accurate as of 2/26/2016.

To search for nationwide CD rates and CD rates in your state, please refer to the CD rates section of or our new Rates Map page.

Anonymous   |     |   Comment #1
With 3 month penalty, this is better than any savings/money market account if you keep it at least 6 months: at 6M, you loose 50% of the rate, that is 1.45% APY, and the longer you keep it, the better it gets.
Ed (anonymous)   |     |   Comment #2
Can't fly all the way to Jersey and then bend over backwards just for the nice 2.9% interest rate.

Makes me wanna puck thinking back when you can get 5+%
decades   |     |   Comment #3
My 89 year old parents stated ...we have fallen through the middle class over the last 8 years due to such low rates coworkers have a similar sentiment due to declining real wonder the political revolution in the air these days ..
Anonymous   |     |   Comment #4
CUNJ has dormant fees if no activity every 6 months in the savings part of the account. How does one  overcome dormant fees.
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