From Jersey Shore To “New Jersey Only” Checking Accounts from the Berkshire Bank

February 14th, 2010 No comments

Thanks to the show “Jersey Shore”, New Jersey is truly growing innotoriety.If you are already know how great your home state is, The Berkshire Bank has a checking account specifically made for locals to save money. This account is non-interest bearing, however it is designed to meet the financial needs of New Jersey individuals, families or households.

The checking account does not provide earning potential, but acts as a low-commitment, affordable banking option for New Jersey locals.

Full article…

Grand Bank in New Jersey Offer Slides to 1.75% APY Money Market Rate

January 17th, 2010 No comments

Local New Jersey Bank, Grand Bank N.A. has lowered their interest rates on personal money market accounts to a still competitive 1.75% APY. A minimum deposit of $50,000 is required to qualify for the highest money market interest rate offered by Grand Bank. Additional terms include:

  • APY quote “assumes interest remains on deposit”
  • FDIC insured to $250,000

APY structure is tiered as follows:

  • $2,500 to 9,999.99 0.50% 0.50%
  • $10,000 to $24,999.99 0.50% 0.50%
  • $25,000 to $49,999.99 1.29% 1.30%
  • $50,000 or more 1.73% 1.75%

Grand Bank in New Jersey is a fairly new addition to the banking scene. The financial institution history dates back toMarch 1, 2002. They are headquartered at 1 Edinburg Road, Hamilton, New Jersey.

>>Money Market Account Rates

Categories: Bank Rates Tags: Money Market, New Jersey, Rate