Find the latest ParkeBank CD Rates, Offers, and Promotions here.
They currently offer rates up to 1.25% APY when you qualify.
About ParkeBank
ParkeBank is headquartered in Sewell, New Jersey and was established in 1999. Since then they have grown 8 locations, offer CD rates that are 12% higher than the national average, and they have an A health rating
ParkeBank offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you.
This is ideal for accounts like Certificate of Deposits. Though the rates are worth checking out, be sure to still compare them with the nation’s best using our guides: CD Rates | Savings Rates.
*While ParkeBank does have competitive rates compared to traditional banks, I still recommend you take a look at Discover Bank Promotions here
ParkeBank CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer a term, the higher APY rate you make.
With an opening deposit of $500, you can invest in a ParkeBank CD account to maximize your earnings. Compare their offers now to find the solutions that fit best with your savings goals. Be sure to also check out the CD rates below to potentially find even better rates for you!
- Minimum deposit: $500
- Maximum deposit: None
- Early withdrawal penalty: Withdrawal of dividends prior to maturity will reduce earnings
(FDIC Insured)
| Term | APY Rate | Minimum Deposit |
| 6 Month | 0.35% | $500 |
| 12 Month | 0.55% | $500 |
| 18 Month | 0.60% | $500 |
| 24 Month | 0.75% | $500 |
| 36 Month | 1.01% | $500 |
| 48 Month | 1.05% | $500 |
| 60 Month | 1.25% | $500 |
ParkeBank CD Features
- Online Banking
- Earns Interest at a Competitive Rate
- NCUA Insured
Bottom Line
ParkeBank offers you CD rates up to 1.25% APY. All you need to do is to pick your CD term, and have a minimum opening deposit of $500 to qualify for this fantastic bonus.
This is a great opportunity to invest in a high-interest CD with a low balance from ParkeBank. However, you may want to compare them with our best CD Rates:
- 6-Month CD Rates
- 9-Month CD Rates
- 12-Month CD Rates
- 18-Month CD Rates
- 24-Month CD Rates
- 36-Month CD Rates
- 48-Month CD Rates
- 60-Month CD Rates
Be sure to apply as soon as you can to start your new account experience and start earning higher rates. Check back often for the latest ParkeBank CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
The positing says NCUA insured, which suggests that ParkeBank is a credit union and not a bank. Nothing against credit unions, but the name they selected is misleading and inappropriate in my book.