Despite low rates throughout the nation, there are still some banks offering decent deals. One bank in this survey, for example, has recently been offering 0.61 percent on 6-month CDs. That's pretty good, considering that the average for this term is 0.15 percent. To find the best CD rates in Paterson, NJ, use our tools.
Certificates of deposit are safe investments. They are insured up to $250,000 per depositor per bank. Just make sure to check the minimums of each CD before you purchase. You can easily compare CD rates in Paterson, NJ, and in other areas of New Jersey, with our research.
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