bank rates

Short-Term CD Pays 1.25% In New Jersey

man and woman inserting money into piggy banksRoselle Savings Bank is celebrating its 125th anniversary with special 125-day CD rates for New Jersey savers.

It pays 1.25% APY with a $1,000 minimum deposit.

One hundred twenty-five days is about four-and-a-half months. The rate is more than a third of a percentage point higher than the top nationally available 6-month offer on our CD Rates Leaderboard.

You have to live in the New Jersey counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union or Warren to buy these special certificates of deposit.

You also have to visit a branch in person. There are four in Bernardsville, Cranford, High Bridge and Roselle.

Learn more about Roselle Savings Bank at www.rosellesavings.com or 908-245-1885.

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

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