Rates Blog

Finance Blogs » Rates Blog » CD rates in Paterson, New Jersey

CD rates in Paterson, New Jersey

By Mitch Strohm · Bankrate.com
Friday, December 21, 2012
Posted: 11 am ET

Are you looking for a certificate of deposit in New Jersey? Make sure to shop around thoroughly. Rates are low throughout the nation, but there are several institutions offering better-than-average deals. Use our research to find the best CD rates in Paterson, NJ.

CDs are insured up to $250,000 per depositor, making them safe. Just keep in mind that you'll be locking up your money for a specific amount of time with a CD. And most institutions have stiff penalties for withdrawing your money early. Use our research to find CD rates in Paterson, NJ.

CD rates in Paterson, New Jersey

Here are the one-year CD rates in Paterson, NJ, as of 10:00 a.m.

Institution APY Min Deposit
ableBanking 1.05% $1,000
Ally 1.04% $0
Columbia Bank 0.55% $500
Chase Bank 0.1% $1,000
Wells Fargo 0.05% $2,500
Bank of America 0.03% $1,000

Follow our CD rates daily on Twitter.

Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.