Rates

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Personal
Business

Personal Certificates of Deposit (CDs)

Account Type
Minimum Deposit Required to Open Account
 Interest Paid Interest Rate
Annual Percentage Yield (APY)
5 Month Special* $500 Monthly 0.100% 0.10%
11 Month Special*
 $500 Monthly 0.100% 0.10%
13 Month Special* 
 $500 Quarterly 1.489% 1.50%
19 Month++
 $500 Monthly 1.981% 2.00%
25 Month++
 $500 Quarterly
2.967%
 3.00%
37 Month++
 $500 Quarterly 2.379% 2.40%
APYs are accurate as of 10/14/22 and are subject to change at anytime without notice.  A penalty may be imposed for early withdrawal. *5 Month Special rolls into 91 day CD.  11 Month Special rolls into 12 month CD. 13 Month Special rolls into 12 month CD. ++New money only.  19 Month rolls into 18 month CD. 25 Month rolls into 24 month CD. 37 Month rolls into 36 month CD.
 

Personal Checking

Account Type, Features
and Benefits
Minimum Deposit
Required to Open
Minimum Balance
to Obtain APY
Interest
Paid
 Interest Rate Annual Percentage
Yield (APY)**
Peapack Checking

  • $3.00 paper statement fee which can be avoided with eStatements.
 $100.00 N/A N/A N/A N/A
NJ Consumer Checking

  • $3.00 monthly service fee.
  • $.50 per check fee in excess of 8 paid per monthly cycle.
  • No eStatement required.
 $50.00 N/A N/A N/A N/A

Personal Individual Retirement Accounts (IRAs)

Account Type
Minimum Deposit Required to Open Account
 Interest Paid Interest Rate
Annual Percentage Yield (APY)
5 Month Special*** $250 Monthly 0.100% 0.10%
11 Month Special*** $250 Monthly 0.100% 0.10%
13 Month Special*** $250 Monthly 1.489% 1.50%
19 Month+++ $250 Monthly 1.984% 2.00%
25 Month+++
 $250 Monthly
2.960%
 3.00%
37 Month+++
 $250 Monthly 2.372% 2.40%
APYs are accurate as of 10/14/22 and are subject to change at anytime without notice.  A penalty may be imposed for early withdrawal. ***5 Month Special rolls into 91 day IRA CD.  11 Month Special rolls into 12 month IRA CD.  13 Month Specials rolls into 12 month IRA CD. +++New money only.  19 Month rolls into 18 month IRA CD. 25 Month rolls into 24 month IRA CD. 37 Month rolls into 36 month IRA CD.  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.

Personal Money Market Accounts (MMA) and Savings Accounts

Account Type
Minimum Deposit
Required to Open
Minimum Balance
to Obtain APY
Interest
Paid
Interest
Rate
Annual Percentage
Yield (APY)**
Legacy Money Market
 $15,000.00
Non-Qualified Rate
$15,000 - $1,000,000
$1,000,000.01 and up
 Monthly
0.050%
0.050%
0.050%
0.05%
0.05%
0.05%
Private Banking Money Market $100.00 $100.00 Monthly 0.050% 0.05%
Pony Club Savings $10.00 $10.00 Quarterly 0.010% 0.01%
Statement Savings
 $100.00 $100.00 Quarterly 0.010% 0.01%
**APYs are accurate as of 1/3/22, are subject to change without notice and may change after the account is opened.  Fees may reduce earnings.



For more information or to speak with a representative to open an account, please call (908) 234-0700 or email us at info@pgbank.com.

Business Certificates of Deposit (CDs)

Account Type
Minimum Deposit
Required to Open
Account
Interest
Paid
Interest
Rate
Annual
Percentage
Yield (APY)
5 Month Special* $500.00 Monthly 0.100% 0.10%
11 Month Special* $500.00 Monthly 0.100% 0.10%
13 Month Special* $500.00 Quarterly 1.489% 1.50%
19 Month+ $500.00 Monthly 1.981% 2.00%
25 Month+
 $500.00 Quarterly
2.967%
 3.00%
37 Month+
 $500.00 Quarterly 2.379% 2.40%
APYs are accurate as of 10/14/22 and are subject to change at anytime without notice.  A penalty may be imposed for early withdrawal. *5 Month Special rolls into 91 day CD.  11 Month Special rolls into 12 month CD.  13 Month Special rolls into 12 month CD. +New money only. 19 Month rolls into 18 month CD. 25 Month rolls into 24 month CD. 37 Month rolls into 36 month CD.

Business Money Market Accounts (MMA)

Account Type
Minimum Deposit
Required to Open
Account
Minimum Balance
to Obtain APY
Interest
Paid
Interest
Rate
Annual
Percentage
Yield (APY)**
Private Banking
Money Market
 $100.00 $100.00 Monthly 0.050% 0.05%
Business Tiered
Money Market
 $1,000.00
$0.01
$10,000.00
$25,000.00
$50,000.00
$500,000.00
$1,000,000.00
 Monthly 0.050% 0.05%
Business High Yield
Interest Bearing
Money Market
 $5,000.00 $5,000.00 Monthly 0.050% 0.05%
**APYs are accurate as of 1/3/22, are subject without notice and may change after account is opened. Fees may reduce earnings.