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