Personal Certificates of Deposit (CDs)
|
Account Type
|
Minimum Deposit Required to Open Account
|
Interest Paid |
Interest Rate |
Annual Percentage Yield (APY)
|
|
9 Month++
|
$500 |
Monthly |
3.205% |
3.25% |
|
13 Month Promo*
|
$25,000 |
Quarterly |
4.230% |
4.30% |
APYs are accurate as of 10/15/26 and are subject to change at anytime without notice. A penalty may be imposed for early withdrawal. ++New money only. 9 Month rolls into 182 day CD. *This offer is available to consumer customers only and requires a minimum opening deposit of $25,000.00 in new money. The maximum amount permitted to open this promotional certificate of deposit is $15,000,000.00. To qualify for and maintain the promotional rate and APY, you must have an eligible Peapack Private consumer checking account and establish direct deposit to that checking account within 90 days after opening the certificate of deposit. If direct deposit is not established within 90 days, the certificate of deposit rate and APY will be adjusted one time to the Bank’s standard 12-month certificate of deposit rate and corresponding APY in effect on the date of the adjustment. The adjusted rate and APY will remain in effect for the remainder of the original term. There is no limitation on the amount by which the rate or APY may increase or decrease as a result of this one-time adjustment.
Personal Individual Retirement Accounts (IRAs)
| Account Type |
Minimum Deposit Required to Open Account
|
Interest Paid |
Interest Rate |
Annual Percentage Yield (APY)
|
|
9 Month++
|
$500 |
Monthly |
3.205% |
3.25% |
| 13 Month Promo*** |
$25,000 |
Monthly |
4.220% |
4.30% |
APYs are accurate as of 10/15/26 and are subject to change at anytime without notice. A penalty may be imposed for early withdrawal. ++ New money only. 9 Month CD/IRA CD converts to an 182 day CD/IRA CD at maturity. ***13 Month Specials rolls into 12 month IRA CD. This offer is available to consumer customers only and requires a minimum opening deposit of $25,000.00 in new money. The maximum amount permitted to open this promotional certificate of deposit is $15,000,000.00. To qualify for and maintain the promotional rate and APY, you must have an eligible Peapack Private consumer checking account and establish direct deposit to that checking account within 90 days after opening the certificate of deposit. If direct deposit is not established within 90 days, the IRA/certificate of deposit rate and APY will be adjusted one time to the Bank’s standard 12-month IRA/certificate of deposit rate and corresponding APY in effect on the date of the adjustment. The adjusted rate and APY will remain in effect for the remainder of the original term. There is no limitation on the amount by which the rate or APY may increase or decrease as a result of this one-time adjustment. An IRA Plan closeout fee of $75 could reduce earnings. An additional IRS tax may also apply to an IRA/CD; please consult your tax professional.
For more information or to speak with a representative to open an account, please call
(908) 234-0700 or email us at
info@peapackprivate.com. 