Personal Checking Accounts
| ACCOUNTS | INTEREST RATE | APY | ADDITIONAL INFORMATION | MIN BAL. TO OBTAIN APY |
|---|---|---|---|---|
| RELATIONSHIP CHECKING | 0.75 | 0.75 | Must maintain an average daily balance of at least $2,500, receive monthly direct deposit and receive monthly eStatements | $2,500 |
| 0.40 | 0.40 | On entire balance of account if average daily balance is under $2,500 and/or all qualifications are not met | ||
| HIGH YIELD CHECKING | 1.49 | 1.50 |
On balances up to and including $25,000, when qualifications are met. Balances over $25,000 earn 0.40% interest rate on portion of balance over $25,000, resulting in 1.50% - 0.55% APY. Non-qualifying accounts receive 0.05% APY. Initial deposit of $100 required to open account. |
$100 |
| SENIOR CHECKING | 0.40 | 0.40 | Primary account holder must be 60 years of age | None |
The Annual Percentage Yields (APYs) are effective 03/27/2020. Rates may change after account opening. Fees could reduce earnings.
Savings Accounts
| Account | Interest Rate |
APY |
Initial Opening Deposit |
|---|---|---|---|
| Savings (Statement) |
0.10 |
0.10 |
$100 |
| Holiday Club |
0.10 |
0.10 |
$5.00 |
| Kid's Club Account |
0.25 |
0.25 |
$10 |
The Annual Percentage Yields (APYs) are effective 03/27/2020. Rates may change after account opening. Fees could reduce earnings.
Money Market Accounts
| Account | Min Bal. To Obtain APY | Interest Rate | APY | Additional Information |
|---|---|---|---|---|
| RELATIONSHIP BUILDING MONEY MARKET | $0.01 | 0.40 | 0.40 | On entire balance if qualifications are not met |
| $15,000 | 1.00 | 1.00 | On average daily balance of at least $15,000 | |
| $15,000 | 1.14 | 1.15 | On average daily balance of at least $15,000 with an active Kearny Bank consumer checking account with direct deposit, receive monthly eStatements |
The Annual Percentage Yields (APYs) are effective 03/27/2020. Rates may change after account opening. Fees could reduce earnings.
Certificates of Deposit
| Account | Interest Rate | APY | Months | Initial Opening Deposit |
|---|---|---|---|---|
| 30 Day CD | 0.05 | 0.05 | 1 | $25,000 |
| 91 Day CD | 0.15 | 0.15 | 3 | $1,000 |
| 6 Month CD | 0.54 | 0.55 | 6 | $1,000 |
| 1 Year CD | 0.98 | 1.00 | 12 | $500 |
| 2 Year CD | 0.98 | 1.00 | 24 | $500 |
| 3 Year CD | 0.98 | 1.00 | 36 | $500 |
| 4 Year CD | 1.03 | 1.05 | 48 | $500 |
| 5 Year CD | 1.13 | 1.15 | 60 | $500 |
*Note: The Annual Percentage Yields (APYs) listed are as of 03/27/2020. All interest rates are subject to change without notice. Penalties for early withdrawal may reduce earnings.
Retirement Accounts
| Account | Interest Rate | APY | Months | Initial Opening Balance |
|---|---|---|---|---|
|
Statement Savings IRA |
0.15 |
0.15 |
0 |
$25 |
|
6 Month IRA |
0.54 |
0.55 |
6 |
$1000 |
|
1 Year IRA |
0.98 |
1.00 |
12 |
$500 |
|
2 Year IRA |
0.98 |
1.00 |
24 |
$500 |
|
3 Year IRA |
0.98 |
1.00 |
36 |
$500 |
|
4 Year IRA |
1.03 |
1.05 |
48 |
$500 |
|
5 Year IRA |
1.13 |
1.15 |
60 |
$500 |
*Note: The Annual Percentage Yields (APYs) are effective 03/27/2020. Penalties for early withdrawal may reduce earnings. All interest rates are subject to change without notice.