Beware of Scams

Don't click on links or attachments in unsolicited emails or texts.
Never give out your username,  password or verification code for Internet Banking
1st Bank will never ask you for your password or verification code over the phone, in an email or text.
Visit our Education Center to learn more about keeping your information safe online.

Deposit Rates

1st Bank offers competitive rates and a variety of deposit products to help you reach your savings goals.

Account TypeMinimum Deposit to OpenInterest RateAPYMinimum Balance
to Earn APY
Savings Account Rates effective as of March 24, 2020

Passbook

$1.00

0.05% 0.05%

$10.00

Statement Savings

$1.00

0.05%

0.05%

$10.00

Step Saver1,2

$5,000.00

 

 

Balance Level to Earn APY

 

 

0.05%

0.05%

$0.00 to $4,999.99

   

0.10%

0.10%

$5,000.00 to $24,999.99

   

0.15%

0.15%

$25,000.00 to $49,999.99

   

0.16%

0.16%

$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.

Certificate of Deposit Rates effective as of March 24, 2020
Certificate TermMinimum DepositRateAPYMinimum Balance to Earn APY

91 days*

$1,000.00

0.22%

0.22%

$1,000.00

182 days*

$1,000.00

0.25%

0.25%

$1,000.00

9 months*

$500.00

0.33%

0.33%

$500.00

12 months*

$500.00

0.33%

0.33%

$500.00

15 months*

$500.00

0.33%

0.33%

$500.00

18 months**

$500.00

0.36%

0.36%

$500.00

24 months**

$500.00

0.36%

0.36%

$500.00

30 months**

$500.00

0.36%

0.36%

$500.00

36 months**

$500.00

0.39%

0.39%

$500.00

60 months**

$500.00

0.42%

0.42%

$500.00

60 months Traditional IRA**

$500.00

0.42%

0.42%

$500.00

*Subject to premature withdrawal penalty of 3 months loss of interest
**Subject to premature withdrawal penalty of 6 months loss of interest

Checking and Money Market Rates effective as of March 24, 2020
Account TypeMinimum DepositInterest RateAPYMinimum Balance
to Earn APY

NOW Checking1

$50.00

0.05%

0.05%

$100.00

Small Business Checking1

$50.00

0.05%

0.05%

$100.00

Money Market Deposit Account2,3,4

$2,500.00

0.05%

0.05%

$2,500.00

1 $5.00 monthly service fee applies if daily balance falls below $500.00
2 Balances below $2,500.00 earn interest at the NOW Account rate. Balances below $100.00 do not earn interest.
3 Monthly Service Charges: $4.00 if daily balance falls below $2,500.00.
4 Effective June 1, 2020 Money Market Deposit Accounts will no longer be offered. The posted rate applies to existing MMDA Accounts.

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.

Have Questions?

Please contact your nearest branch office for assistance.

Find a Branch

Back to Top

Internet Explorer 11 is outdated. For improved security and optimized performance we highly recommend upgrading your browser. ChromeFirefoxEdge