Rate and Yield Information
Deposit Rates (Effective )
| Account Type | Minimum Deposit to Open | Minimum Daily Balance to Obtain APY* | Interest Rate | APY** |
| Century Checking Plus | $250.00 | $250.00 | .50% | .50% |
| 55 Plus Checking | $250.00 | $250.00 | .50% | .50% |
| Passbook Savings | $50.00 | $50.00 | 1.00% | 1.00% |
| Statement Savings | $50.00 | $50.00 | 1.00% | 1.00% |
| Money Market Plus | $1,500.00 | $1,500-$49,999.99 | 1.00% | 1.00% |
| $50,000-$99,999.99 | 1.25% | 1.26% | ||
| $100,000+ | 1.50% | 1.51% | ||
| Holiday and Vacation Savings Clubs | $1.00 | $1.00 | 1.00% | 1.00% |
- Your interest rate and annual percentage yield may change any time at our discretion.
- Interest begins to accrue on the day you make your deposit and will accrue until the day of withdrawal.
- Interest will be compounded and credited to your account as follows:
- Century Checking Plus & 55 Plus Checking - Interest compounded and credited monthly.
- Money Market Plus - Interest compounded and credited monthly.
- Passbook Savings and Statement Savings - Interest compounded and credited quarterly.
- Holiday and Vacation Savings Clubs - Interest compounded and credited annually.
- If you close your checking or savings account you will receive accrued interest from day of deposit. All interest forfeited upon early closeout of club accounts.
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
- On all Money Market, Passbook Savings and Statement Savings Accounts, the depositor is permitted to make no more than six (6) withdrawals/transfers per statement cycle in any combination of the following: Checks payable to third parties, withdrawals initiated by ATM or DEBIT cards at POS, transfers initiated through Automated Teller or Online Banking, withdrawals preauthorized by ACH or Overdraft Protection Transfer to cover overdrafts.
- Fees may reduce the earnings on the account.
Certificates of Deposit (Effective )
| Account Type | Minimum to Open | Interest Rate | APY** |
| 91 Day | $500.00 | 0.70% | 0.70% |
| 6 Months | $500.00 | 1.10% | 1.10% |
| 9 Months | $500.00 | 1.30% | 1.31% |
| 12 Months | $500.00 | 1.40% | 1.41% |
| 15 Months | $500.00 | 1.60% | 1.61% |
| 18 Months | $500.00 | 1.80% | 1.81% |
| 24 Months | $500.00 | 2.05% | 2.07% |
| 30 Months | $500.00 | 2.20% | 2.22% |
| 48 Months | $500.00 | 2.75% | 2.78% |
- Interest can accumulate for compounding or be withdrawn by interest check or transferred to another account at Century as follows:
- 91 day and 6 month certificates - interest at maturity or optional monthly check or transfer
- 9 month and 12 month certificates - interest at maturity, quarterly, or optional monthly check or transfer
- All other terms - interest quarterly or optional monthly check or transfer
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal each day.
- Interest begins to accrue on the day of your deposit and will accrue until the day of withdrawal.
- All certificates will automatically renew at maturity at the prevailing interest rate. You will have ten (10) calendar days after the maturity date to withdrawal funds without being charged a penalty.
- After the certificate is opened, you may not make deposits or withdrawals other than earnings until the maturity date.
- IRA certificates are available for terms of 12, 24 and 48 months.
- If the deposit is withdrawn before the maturity date, a penalty as shown below will be imposed which could result in partial loss of principal.
Term Early Withdrawal Penalty 91 Day 30 days interest 6 Month 90 days interest 9 Month to 48 Month 180 days interest
*Daily Balance (The amount of principal balance in the account each day).
**Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. Withdrawal of interest will reduce earnings.
Fee Schedule
- Consumer Checking Plus – No monthly service fee
- Student Checking Plus – No monthly service fee
- Century Checking Plus – Monthly fee if average daily balance for statement cycle is below $250.00: $5.00
- 55 Plus Checking - No monthly service fee
- Passbook Savings - Monthly fee if daily balance falls below $50.00: $1.00
- Statement Savings – Monthly fee if balance falls below $50.00 on any day of the statement cycle: $1.00
- Money Market Plus - Monthly fee if daily balance for statement cycle is below $1500.00: $10.00
| ATM/VISAŽ Check Card Fees | |
|---|---|
| Owned ATM Withdrawals | No Charge |
| Transfer of Funds | No Charge |
| Balance Inquiries | No Charge |
| Replacement Card | $5.00 |
| Other Account Fees | |
| Non-Sufficient Funds Fee (per item)* | $28.00 |
| Stop Payment (per item) | $18.00 |
| Return of Deposited Item | $5.00 |
| Copy of Paid Check | $2.50 |
| Copy of Monthly Statement | $2.50 |
| Temporary Checks (3 per sheet) | $3.00 |
| Safe Deposit/Night Depository, lost key | $10.00 |
| Cashier's Check | $5.00 |
| Money Order | $3.00 |
| Wire Transfer In | No Charge |
| Wire Transfer Out | $20.00 |
| International Wire Transfer | $35.00 |
| International Wire Transfer over $5,000 | $55.00 |
| Collection Item | $10.00 |
| Levies (per occurrence) | $100.00 |
| Research (per hour) | $20.00 |
| Safe Deposit Box Drilling | $125.00 |
| Check Printing ** | At catalog prices |
| Overdraft Protection Transfer | $5.00 |
| MMDA third party checks in excess of 6 *** | $10.00 |
| Dormant Fees (per statement cycle) **** | $5.00 |
*A Non-Sufficient Funds item may be created by Check, In Person Withdrawal, ATM Withdrawal or other Electronic means.
**For related product information, please consult your branch representative.
***Per cycle period, per transaction.
****No customer-initiated activity for 24 months.
If you do not use your account or contact the Bank within three (3) years, and we are unable to reach you by mail, your account will be subject to escheat laws. The Bank is required to give the balance remaining in your account to the State of New Jersey, and you will have to contact the State for the return of your money.
