[Please note: This page is part of the New Jersey CD Rates archive. Most of these deals on this page are not current and no longer available. Please check the date of the post before getting too excited and driving to a bank an hour away. If you have any doubts whether the deal is available, contact the bank or credit union. For a list of more current rates, visit our homepage.]

Competitive short-term rates at Aurora Bank

Aurora Bank has a couple relatively competitive short term CDs available: a 6-month CD that’s yielding 1.08% APY, and a 12-month CD that returns 1.26% APY. Both these CDs have minimum deposits of $1000. If you deposit $100,000 or more into either of these CDs, the rates do go up, but only very slightly: 1.10% APY for the 6-month and 1.27% for the 1-year. Aurora Bank does offer IRA CDs at those terms as well, but the rates are almost comically low—0.25% APY for the 1-year CD, and a measly 0.07% APY for the 6-month certificate. On the plus side, Aurora’s checking account does have a reasonable 0.84% APY on amounts over $10,000.

Aurora Bank has one location in New Jersey: 70 Hudson Street in Jersey City.

CDs up to 3.20% at South Jersey Federal Credit Union

South Jersey Federal Credit Union has some competitive mid-term and long-term CDs available:

  • 1-year CD: 1.41% APY
  • 2-year CD: 1.87% APY
  • 3-year CD: 2.22% APY
  • 5- year CD: 3.20% APY

These CDs have a minimum deposit of $50,000. The CDs are also available with minimum deposits of $10,000 and $20,000, but you’ll lose between 5 and 25 basis points off the higher-deposit APYs. The CDs are also available as IRA CDs.

South Jersey Federal Credit Union is open to anyone who lives, works, worships, goes to school, or does business in the Atlantic City, Bridgeton, Camden, Lawnside, Millville, Pleasantville, Salem, or Vineland communities. South Jersey FCU has locations in Camden, Deptford, Moorestown, Pleasantville, Vineland, and Voorhees.