bank rates

ConnectOne Offers Attractive Deal On Pair Of New York And New Jersey CDs

Man holding arms out as money floats down from the sky

Savers in the Big Apple and surrounding New Jersey are being treated to two worthy CD promotions by ConnectOne Bank.

The more attractive of the pair is paying 1.50% APY on 15 months, with a minimum deposit of $500.

For those wanting a slightly shorter term, ConnectOne is also offering 1.30% APY on 13 months with the same minimum.

Both promotions outpay the top national returns from the banks on our CD Rates Leaderboard, which max out at 1.26% APY for a 1-year certificate.

Indeed, you have to stretch to 24 months in order to earn 1.50% APY from any of the national banks.

Both rates also earn ConnectOne its first-ever appearances on our constantly updated roundup of the country’s best-paying credit union and community bank CDs.

Opening your first account at ConnectOne requires visiting one of their branches. Fortunately, there are 20 of those in northeastern New Jersey and one in Manhattan.

Just be sure, as always, to search Bankrate’s extensive database of the day’s best CD rates before committing your funds to any certificate of deposit. We suspect, however, that these ConnectOne promotions won’t easily be beat.

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