bank rates

Top 5-Year CD Rates At New Jersey Bank

Colonial Bank offers its top CD rates with a $1,000 minimum deposit.New Jersey savers should take advantage of Colonial Bank’s 60-month CD rates.

It’s paying 2.25% APY with a $1,000 minimum deposit.

That’s now a full quarter of a percentage point better than the top nationally available 60-month CD rate on our CD Rates Leaderboard.

You don’t have to a New Jersey resident to purchase these certificates of deposit, but you must buy them in person.

Colonial Bank (www.colonialbankfsb.com) has nine branches in Bridgeton, Cedarville, Mantua, Millville, Sewell, Upper Deerfield and Vineland.

Colonial Bank also offers an 84-month CD that pays 2.30% APY.

And don’t forget, earlier this week we outlined some other places — both locally and nationally — to find top CD rates that beat what you’ll find on our Leaderboard.

See how these returns compare 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. Kathy at Bankaholic said:
    on January 15th at 10:37 am

    This rate is still available.

  2. Kathy at Bankaholic said:
    on January 22nd at 09:35 am

    Colonial has dropped its rates. The 60-month CD is now paying 2.10% APY and the 84-month CD is paying 2.15% APY.