Oritani Bank Certificates of Deposit

Oritani Bank, based in New Jersey, is advertising certificates of deposit with terms ranging from 3 months to 5 years for regular certificates of deposit and IRA certificates of deposit. The bank is also advertising special promotional certificates of deposit.For the special promotional certificates of deposit, Oritani Bank is advertising a 4 month certificate with a current CD rate of 1.143 percent and an APY of 1.15 percent.Other special certificates of deposit include a 7 month CD with a current CD interest rate of 1.489 percent with an APY of 1.50 percent. That rate is one of the best CD rates around for a 6 or 7 month term. In fact, that rate beats 12 month savings CD rates. The minimum opening CD deposit for all CDs is $1,000.

Current CD Rates

• 3 month rate 1.143% APY 1.15%
• 4 month rate 1.143% APY 1.15% - Special CD Rate
• 6 month rate 1.193% APY 1.20%
• 7 month rate 1.489% APY 1.50% - Special CD Rate
• 12 month rate 1.391 % APY 1.40%
• 14 month rate 1.637% APY 1.65% - Special CD Rate
• 18 month rate 1.833% APY 1.85%
• 24 month rate 2.225% APY 2.250%
• 30 month rate 2.372% APY 2.400%
• 36 month rate 2.470% APY 2.500%
• 48 month rate 2.518% APY 2.550%
• 60 month rate 2.713% APY 2.750%

Current IRA CD Rates

• 30 month rate 2.470% APY 2.500%  - Special IRA CD Rate
• 36 month rate 2.567% APY 2.600%  - Special IRA CD Rate
• 48 month rate 2.616% APY 2.650%  - Special IRA CD Rate
• 60 month rate 2.810% APY 2.850%  - Special IRA CD Rate

All certificate of deposit accounts are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000. Oritani Bank is a division of Oritani Financial Corp which is publicly traded on the NASDAQ: ORIT. For more information on certificates of deposit and current CD rates visit: //www.oritani.com/cms/default.asp  Oritani Financial Corp