A one year CD that has an interest rate of 4.25% APY.  The best one year term CD rate presently being offered in the state of New Jersey.  RomAsia Bank of Monmouth Junction, NJ is the bank promoting this product.  Not only does the bank offer the best one year CD rate in New Jersey but they also offer the best 2 year CD rate in New Jersey.  The current interest rate on the two year CD at RomAsia Bank is 4.50% APY.  Not to be outdone on the 6 month CD term, the bank markets the best 6 month CD rate in New Jersey.  The interest rate on the 6 month CD is 4.05% APY.

To earn the listed APY’s, a checking or savings relationship is required.  Otherwise, the interest rate on the bank CDs is reduced by 1.00% below the listed rates.  The minimum deposit amount on all the bank CDs is $2,500.00.

RomAsia Bank offers a wide mixture of services including personal and business checking, savings and money market accounts, CDs, residential mortgage and equity loans, and commercial loans.  The bank also offers internet banking, electronic bill pay, remote merchant capture, and other technology-based products.

Rates subject to change, additional conditions may apply.  For more information about RomAsia Bank products and services, visit its website at www.romasiabank.com or call 609-897-8100.  The above information was obtained on December 12, 2008.

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