Business Rates

Business Checking Rates

Rates Effective: 6/18/2024

Business Checking Rates
ProductBalanceInterest Rate PaidAPY*
Business Interest Checking
$0 – $2,499.990.00%0.00%
$2,500 & Above0.02%0.02%
Business Gold Money Market
$0 – $999.990.00%0.00%
$1,000 – $2,499.990.05%0.05%
$2,500 – $24,999.990.08%0.08%
$25,000 – $99,999.990.08%0.08%
$100,000 – $249,999.990.15%0.15%
$250,000 & Above0.15%0.15%

Business Savings Rates

Rates Effective: 6/18/2024

Business Savings Rates
ProductInterest Rate PaidAPY*
Business Statement Savings0.04%0.04%

*APY=Annual Percentage Yield. Fees may reduce earnings. Rates are subject to change without notice. To obtain current information, please call 908-459-4121.

Promotional Certificates of Deposit

Promotional Certificates of Deposit
ProductInterest Rate PaidAPY*
13 Month CD Special10.30%0.30%
23 Month CD Special10.30%0.30%

Certificates of Deposit

Certificates of Deposit
ProductInterest Rate PaidAPY1
3 Month0.05%0.05%
6 Month0.15%0.15%
12 Month0.15%0.15%
18 Month0.25%0.25%
24 Month0.20%0.20%
30 Month0.40%0.40%
36 Month1.00%1.00%
36 Month Risk-Free 10.95%0.95%
48 Month0.60%0.60%
48 Month Risk-Free 10.55%0.55%
60 Month0.60%0.60%
60 Month Risk-Free 10.55%0.55%

1Minimum deposit at account opening may apply. Statement fee may apply. Currently, applications for new accounts can only be accepted from business owners who are available to visit a branch location to complete the process.

Individual Retirement Accounts

Rates Effective: 6/18/2024

ProductInterest Rate PaidAPY*
IRA Savings0.10%0.10%

*APY=Annual Percentage Yield. Fees may reduce earnings. Rates are subject to change without notice. To obtain current information, please call 908-459-4121.

1 $2,500 minimum deposit required to open and earn APY. Early withdrawal penalties may be imposed.

2 $2,500 minimum deposit required to open and earn APY. New money only. You may withdraw up to 50% of your total deposit once during the lifetime of the CD, penalty free, except within 6 days after the date deposit. Penalties for each additional withdrawal will be incurred.