NOVA Bank operates as a Pennsylvania state-chartered savings bank.  The bank provides a wide range of financial products and services to the greater Philadelphia region.  The bank has a full-array of financial products and services to the communities in which it operates in, as well as, providing services to business in addition to financial planning and wealth management services.  NOVA Bank has operated as a community banking institution for more than 120 years.

The bank offers checking and savings accounts, money market accounts, certificates of deposit as well as residential and consumer loans, online banking and special services like overdraft protection and direct deposit. 

For those investors and consumers that want fixed interest rates on their funds, NOVA Bank has a healthy selection of CD terms with aggressive CD rates in Pennsylvania.  The bank has competitive Pennsylvania CD rates available for as short as 3 months and up to 5 years.

Current PA CD rates offered by the bank include:

3 month CD earns a rate of 1.00%
6 month CD rate is 1.10%
9 month CD has an interest rate of 1.50%
1 year CD rate is 2.00%
18 month CD yields 2.05%
2 year CD rate is 2.15%
3 year CD has an interest rate of 2.30%
4 year CD earns a rate of 2.60%
5 year CD rate is 2.90%

For those consumers and investors that want the combined value of deposits in a savings account, high interest rates with limited check writing capabilities, NOVA Bank offers a money market account with high yield.

Current money market rates include the following balance levels and interest rates:

Under $10,000 balance interest rate is .75%
Money market balances between $10,000 – $24,999 has an interest rate of 1.00%
Balances of $25,000 – $49,999 yields 1.15%
Balances between $50,000 – $99,999 have a rate of 1.20%
Money market rate for balances that reach $100,000 – $249,999 is 1.50% 

Bank rates are subject to change at any time.  Minimum balance to open and obtain the stated CD rates and APY is $500.00.  Fees could reduce earnings on bank CDs.  There is a substantial penalty for early withdrawal from the bank CDs.  For current CD rates in Pennsylvania from NOVA Bank call the bank directly at 877.482.2650.  CD rates, money market rates and additional bank account information is also available at the NOVA Bank web site which is located at

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