CD rates may be low, but you can still safely use CDs as fixed-income investments in your portfolio. To create some liquidity, try building a CD ladder. If you’re looking for the best CD rates in Paramus, NJ, our up-to-date research can help.

Because they are insured by the FDIC or NCUA up to $250,000 per depositor, CDs are a safe investment. But many institutions have stiff penalties for withdrawing your money early, so make sure to budget before purchasing a CD. Look for CD rates in Paramus, NJ, or in your area of New Jersey.

CD rates in Paramus, New Jersey

Here are the 6-month CD rates in Paramus, NJ, as of 11:00 a.m. on Friday.

Institution APY Min Deposit
Ally 0.84% $0
Chase Bank 0.15% $1,000
Bank of America 0.05% $1,000
Wells Fargo 0.05% $2,500

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