Deposit Rates

Rates effective as of December 10 , 2015

Savings Account Rates
Account TypeMinimum Deposit to OpenInterest RateAPYMinimum Balance
to Earn APY
Passbook $1.00 0.10% 0.10% $10.00
Statement Savings $1.00 0.10% 0.10% $10.00
Step-Saver1,2 $5,000.00       Balance Level to Earn APY
       0.15% 0.15% $0.00 to $4,999.99
       0.20% 0.20% $5,000.00 to $24,999.99
      0.24% 0.24% $25,000.00 to $49,999.99
       0.25% 0.25% $50,000.00 and above
1 Account is limited to one withdrawal per month.
2 Monthly Service Charges: $ 25.00 if daily balance falls below $5,000.00. $5.00 per withdrawal if one withdrawal per month limit is exceeded. Fees may reduce earnings.
The interest rate and Annual Percentage Yield (APY) may vary after account opening.

Rates effective as of August 16, 2016

Certificate of Deposit Rates
Certificate TermMinimum DepositRateAPYMinimum Balance
to Earn APY
91 days* $1,000.00 0.42% 0.42% $1,000.00
182 days* $1,000.00 0.46% 0.46% $1,000.00
9 months* $500.00 0.47% 0.47% $500.00
12 months* $500.00 0.48% 0.48% $500.00
15 months* $500.00 0.49% 0.49% $500.00
18 months** $500.00 0.62% 0.62% $500.00
24 months** $500.00 0.64% 0.64% $500.00
30 months** $500.00 0.67% 0.67% $500.00
36 months** $500.00 0.70% 0.70% $500.00
60 months** $500.00 0.75% 0.75% $500.00
60 months Traditional IRA** $500.00 1.40% 1.41% $500.00
*Subject to premature withdrawal penalty of 3 months loss of interest
**Subject to premature withdrawal penalty of 6 months loss of interest

 

 Rates effective as of December 10 , 2015

Checking and Money Market Rates
Account TypeMinimum DepositInterest RateAPYMinimum Balance
to Earn APY
NOW Checking1 $50.00 0.10% 0.10% $100.00
Small Business Checking1 $50.00 0.10% 0.10% $100.00
Money Market Deposit Account2,3 $2,500.00 0.10% 0.10% $2,500.00
1$5.00 monthly service fee applies if daily balance falls below $500.00
2Balances below $2,500.00 earn interest at the NOW Account rate. Balances below $100.00 do not earn interest.
3Monthly Service Charges: $4.00 if daily balance falls below $2,500.00.

The interest rate and Annual Percentage Yield (APY) may vary after account opening.

1st Bank of Sea Isle City's primary operating region is Cape May County, NJ. We reserve the right to refuse account applications from outside of the Cape May County, NJ area.

All applicants must physically come into one of our branch locations to open any account. Proper identification must be supplied at account opening.

Rates are subject to change without notice. Contact us for additional terms and disclosures.

FDIC Information