Parke Bank is offering special rates on CDs for 13 to 24 months. On a minimum deposit of $500, you can earn 1.35% APY on 13 month CDs.
With the same minimum deposit, the bank is paying 1.65% APY on 24 month CDs. These rates are among the best available nationally for their respective terms.
The certificates of deposit can be purchased from any of the branches that the bank has in Pennsylvania and New Jersey. For this, you don’t have to be a resident of Pennsylvania or New Jersey. However, you will have to visit one of these branches in person to purchase the CDs.