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Deal Summary

60-month CD, 0.40% APY, minimum deposit $1000, dividends paid monthly

Boiling Springs Savings’Top CD Rates

Boiling Springs Savings’ top CD rate is .40% APY. This rate is offered on the credit union’s 60-month CD with a minimum deposit of $1000. The dividends earned on this CD are paid monthly.

The 48-month CD is a great alternative. The account offers an 0.35% APY with a $1000 minimum deposit. This account also pays you your dividends monthly. The monthly payout of dividends is beneficial because it serves as additional income. All you have to do to earn it is save your money for as long as possible.

For short-term investors the credit union offers a 6-month CD. This CD offers an annual percentage yield of 0.25%. This CD is also obtainable with a $1000 minimum deposit. Again, the dividends on this CD are paid out monthly.

Boiling Springs Savings offers six CDs. Each of these CDs can be opened with a $1000 minimum deposit. You are always welcome to invest more, but you don’t have to. These CD terms vary from 6 to 60-months. The APY starts at 0.25% and builds to 0.40%. Each of Boilng Spring’s CD accounts is subject to early withdrawal penalties.

Availability

In order to open up a CD account with Boiling Springs, you have to have an already existing checking or savings account. In order to do this, be sure to call the bank with all of the proper documentation at the ready.

Branches in New Jersey

Clifton, Rutherford, Lyndhurst, Upper Montclair, Glen Ridge, Rochelle Park, Glen Rock, Ridgewood, Lincoln Park, Wyckoff, Hilldale, Towaco, Lake Hiawatha, Florham Park, Parsippany, and Mahwah.

Bank Overview

Formerly known as Boiling Springs Savings Bank, the bank has now renamed itself to be called Blue Foundry Bank in an attempt to modernize the brand and better serve their customers. The bank was established in the 1870s and has continued to thrive ever since. It has undergone many changes over the years but continues to be the best that they can be.

Blue Foundry Bank is committed to helping their community with their finances and in an effort to do so hire only the best employees to work across their 20 branches. provide comprehensive financial products and services to people who live in Northern New Jersey and pay close attention to detail and craftsmanship.

Blue Foundry Bank believes they are the type of bank that understands the needs of their clients and will do everything in their power to help their clients achieve all of their financial goals, and more.