Banking Rates, CDs, Mortgages

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Posted by Joseph Lowrie | July - 5 - 2011 | 0 Comment

Parke Bank has special 13- to 24-month CD rates at all of its New Jersey and Pennsylvania branches.

With a $500 minimum deposit, it’s paying:

  • 1.35% APY for 13-month CDs.
  • 1.65% APY for 24-month CDs.

The 13-month CD is 5 one-hundredths of a percentage point higher than the top nationally available 12-month CD, and the 24-month CD beats its term leader by a full tenth of a point. (Check out our CD Rates Leaderboard.)

You don’t need to be a New Jersey or Pennsylvania resident to purchase Parke Bank’s certificates of deposit, but you must visit a branch in person.

Parke Bank (www.parkebank.com) has four branches in New Jersey, in Galloway Township, Northfield and Sewell; and one in Philadelphia.

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

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