Save better with our High-Rate High-Rate Savings Account.
Adulting is hard. Saving doesn’t have to be.
You’ll earn an incredible 5.00% APY* on your first $500, and you’ll continue to earn a strong interest rate on balances over that.
Take a look at how our 5.00% APY* High-Rate Savings Account compares to the average interest rate banks pay out:
|Account Balance||APY||Earned Dividend at CU of NJ||Average Annual Interest at Banks**|
Ready to start saving better?
Level-up your adulting game with our High-Rate APY* Savings Account.
APY=Annual Percentage Yield. 5.00% APY will be paid on the daily balance in your account up to the first $500.00. A dividend rate of 0.04% will be paid only on the portion of your daily balance between $500.01 to $9,999.99 with an APY range for this tier of 5.00% APY to 0.288% APY depending on the balance in the account. A dividend rate of 0.05% will be paid only on the portion of your daily balance between $10,000 and $250,000 with an APY range for this tier of 0.288% APY to 0.060% APY depending on the balance in the account. All rates are subject to change, after account opening, without notice. Maximum deposit amount is $250,000. Membership in good standing and a Regular Share account with a $5 minimum deposit is required. Requires a $50.00 minimum balance. Fees could reduce earnings. Additional savings accounts established under the same member name, and related tax identification number, are not eligible for these special terms. APY is effective as of October 1, 2020. One High-Rate Savings account per member.
National average bank savings rate of 0.09% annually derived from Bank Rate.