bank rates

For All Savers: 2% CD Rates In New Jersey

We’re on a roll.

We’ve found yet another credit union with loose eligibility requirements. This time it’s Pinnacle Federal Credit Union, which has worthy 60-month CD rates for its more than 23,000 members.

It pays 2.00% APY with a $500 minimum deposit.

As you’ve probably noticed, that’s really about the best we’re finding these days. (But feel free to correct us with a comment if you know of a better deal out there.)

The top nationally available 60-month CD rate on our CD Rates Leaderboard pays more than a tenth of a percentage point less.

You have to be a member of Pinnacle Federal Credit Union to buy these certificates of deposit. Membership is open to nearly 300 employee groups and associations in New Jersey, New York and Pennsylvania, and to members’ families.

That list isn’t on the website, but no worries. Anyone can join by first becoming a member of the American Consumer Council, and Pinnacle Federal Credit Union will even pay the $5 membership fee.

Membership in the credit union requires a $5 deposit in a share savings account.

Members can purchase CDs through the mail or in person at one of the credit union’s two New Jersey branches in Edison and Manchester Township (for residents of Leisure Village West).

Learn more about Pinnacle Federal Credit Union at or call 800-742-5050.

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

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Comments (1)
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One Existing Comment
  1. Jeremy Eliot said:
    on October 22nd at 02:28 am

    If its too good, be extra careful !!