bank rates

East Coast Deal On 11-, 60-Month CD Rates

The last time we wrote about a deal on CD rates at Customers Bank, one reader followed up, saying: “I just opened an account and funded this CD. EVERYONE should take advantage of this good deal.”

Customers Bank is paying 3.00% APY on its 60-month CDs.Well, Customers Bank is at it again.

The Phoenixville, Pa.-based bank is offering 11- and 60-Month CD rates to Pennsylvania and New Jersey residents that beat the best nationally available deals. (See our latest CD Rates Leaderboard.)

On its special 11-month deal, Customers is paying 1.50% APY, about a tenth of a percentage point better than the best nationally available deal.

Its 60-month rate is 3.00% APY, beating Melrose Credit Union’s 2.93% APY rate.

Minimum deposit on both deals is $500.

Pennsylvania and New Jersey residents can buy these certificates of deposit online and at Customers Bank’s locations in Doylestown, Kimberton, Langhorne, Malvern, Newton Square, Phoenixville, Wayne, Wyomissing and Yardley, Pa., and Cherry Hill and Hamilton, N.J.

Compare these returns with the best CD rates from scores of banks in our extensive database.

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Comments (2)
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2 Existing Comments
  1. Mary said:
    on February 15th at 08:18 pm

    customers bank says there is a limit of $5,000.00 on the 60 month
    CD.

  2. Kathy O'Gorman said:
    on February 27th at 01:12 pm

    And the 11-month rate has dropped to 1.40% as of 2/27.