1st Bank of Sea Isle City savings and CD rates
1st Bank of Sea Isle City advertises up to 2.01% APY on its Step-Saver account. The 2.01% needs a balance of at least $50,000. Below that, the account advertises 0.50%.
On a $10,000 balance the account earns 0.75% overall, about $75 in a year, which is 0.38 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #460 of 2767 tracked savings rates by advertised APY. For a $10,000 balance it would rank #619. It was #114 three months ago. The advertised rate has not changed in the 26 weeks since Banksparency began tracking it, through 1 Federal Reserve rate move.
Estimate your earnings·What 1st Bank of Sea Isle City actually pays
1st Bank of Sea Isle City at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 2.01% · Step-Saver · needs at least $50,000 |
| Minimum to open | $5,000 · Step-Saver |
| Against the national average | 1.64 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 3.50% · 6 months · 182 Day Certificate |
| Minimum to open | $1,000 · 6 months CD |
| Against the national average | 2.09 percentage points above the 1.41% FDIC 6-month CD average (Sep 2026) |
| FDIC certificate | 30367 · Sea Isle City, NJ |
|---|---|
| Website | www.1stbankseaisle.com |
| Branches | 3 branches in NJ |
| Availability | Available in NJ |
1st Bank of Sea Isle City savings and CD rates
Personal
How the rate applies
IRA
Business
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 5.50%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.16% or more. See the highest savings rates.
1st Bank of Sea Isle City CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 0.22% | $1,000 | 91 Day Certificate |
| 6 months | 3.50% | $1,000 | 182 Day Certificate |
| 9 months | 0.33% | $500 | 9 Month Certificate |
| 12 months | 0.33% | $500 | 12 Month Certificate |
| 15 months | 0.33% | $500 | 15 Month Certificate |
| 18 months | 0.36% | $500 | 18 Month Certificate |
| 24 months | 0.36% | $500 | 24 Month Certificate |
| 30 months | 0.36% | $500 | 30 Month Certificate |
| 36 months | 0.39% | $500 | 36 Month Certificate |
| 60 months | 0.42% | $500 | 60 Month Certificate |
| IRA CDs | |||
| 18 months | 0.36% | $500 | 18 Month Variable IRA |
| 18 months | 0.36% | $500 | 18 Month Traditional IRA |
| 60 months | 0.42% | $500 | 60 Month Traditional or Roth IRA |
Interactive Tool
Calculate Savings for 1st Bank of Sea Isle City
All calculations are based on APY.
Tiered rates: 0.50% to 2.01% APY across 4 balance tiers.
Savings Breakdown
- Interest Earned+$434.30(2.4%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,434.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What 1st Bank of Sea Isle City pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. The 2.01% needs a balance of at least $50,000. Below that, the account advertises 0.50%.
In Q2 2026, 1st Bank of Sea Isle City paid a higher average rate on savings and money market deposits than 29% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- 1st Bank of Sea Isle City, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| Step-Saver | 2.01% | $5,000 | $0 | None | $25.00 monthly if daily balance falls below $5,000.00, can be waived | not stated | Tiered | |
| Fine print: Limited to 1 withdrawal/month. $5.00 per excess withdrawal. Variable rate. 4 tiers. | ||||||||
| Statement Savings | 0.05% | $1 | $0 | None | not stated | not stated | One rate | |
| Fine print: The bank page shows a rates effective date of Sep 5 2023. The rate can be stale. Variable rate. | ||||||||
| IRA | ||||||||
| Passbook IRA | 0.05% | $10 | $0 | None | not stated | None | One rate | |
| Business | ||||||||
| Business Reserve Savings | 2.01% | $10,000 | $0 | None | not stated | Checking account | One rate | |
| Fine print: A business checking account is required, either existing or newly opened. The opening deposit must be funds that are not already on deposit with the bank. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 91 Day Certificate | 3 months | 0.22% | $1,000 | not stated | not stated |
| 182 Day Certificate | 6 months | 3.50% | $1,000 | not stated | not stated |
| 9 Month Certificate | 9 months | 0.33% | $500 | not stated | not stated |
| 12 Month Certificate | 12 months | 0.33% | $500 | not stated | not stated |
| 15 Month Certificate | 15 months | 0.33% | $500 | not stated | not stated |
| 18 Month Certificate | 18 months | 0.36% | $500 | not stated | not stated |
| 24 Month Certificate | 24 months | 0.36% | $500 | not stated | not stated |
| 30 Month Certificate | 30 months | 0.36% | $500 | not stated | not stated |
| 36 Month Certificate | 36 months | 0.39% | $500 | not stated | not stated |
| 60 Month Certificate | 60 months | 0.42% | $500 | not stated | not stated |
| IRA CDs | |||||
| 18 Month Variable IRA | 18 months | 0.36% | $500 | not stated | not stated |
| Fine print: Variable rate. The rate changes each month to the rate in effect on the last business day of the prior month. | |||||
| 18 Month Traditional IRA | 18 months | 0.36% | $500 | not stated | not stated |
| 60 Month Traditional or Roth IRA | 60 months | 0.42% | $500 | not stated | not stated |
Opening and using the account
| Availability | Available in NJ |
|---|---|
| Footprint | 3 branches in NJ |
| Eligibility | not stated |
How 1st Bank of Sea Isle City behaves over time
Every observation of the advertised Step-Saver rate in the last 12 months was 2.01% (observed through Sep 30, 2026). The series includes promotional tiers where one applied.
1st Bank of Sea Isle City has not changed its advertised savings rate in the 26 weeks since Banksparency began tracking it, through 1 Federal Reserve rate move.
- Step-Saver
- The same as 90 days ago.
- 6 months CD
- The same as 7 days ago.
- Rate last changed
- Sep 18, 2026(effective date)
$10,000 at the 2.01% APY 1st Bank of Sea Isle City advertises on Step-Saver grows to $10,201 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,866 does today. See how the federal funds rate shapes savings rates.
1st Bank of Sea Isle City CD rates over time
Who is 1st Bank of Sea Isle City?
| Headquarters | Sea Isle City, NJ |
|---|---|
| Founded | 1882 |
| Scale | $311M assets · $251M deposits, $184M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 30367 |
| Charter state | New Jersey · one of 50 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,483rd-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 86% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What 1st Bank of Sea Isle City pays on deposits above.
Common questions about 1st Bank of Sea Isle City
Is 1st Bank of Sea Isle City FDIC insured?
Yes. 1st Bank of Sea Isle City is FDIC insured under certificate 30367, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at 1st Bank of Sea Isle City?
1st Bank of Sea Isle City requires a minimum deposit of $5,000 to open its Step-Saver account, as observed on Sep 30, 2026. Check the bank's current terms before you open an account.
Does the 2.01% apply to my whole balance?
The 2.01% needs a balance of at least $50,000. Below that, the account advertises 0.50%. Rates are as observed on Sep 30, 2026.
Does 1st Bank of Sea Isle City have branches?
Yes. 1st Bank of Sea Isle City operates 3 branches according to FDIC branch records, in addition to its website and mobile apps.
1st Bank of Sea Isle City against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| 1st Bank of Sea Isle City | 2.01% | 0.90% | $5,000 | 3 branches in NJ |
| SouthEast Bank | 2.01% | 2.55% | $50 | 15 branches in TN |
| Century Bank | 2.00% | 0.77% | $2,000 | 9 branches in NM |
| Citizens Savings Bank | 2.00% | 1.62% | $100 | 3 branches in IA |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to 1st Bank of Sea Isle City's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in New Jersey, nearest to 1st Bank of Sea Isle City in deposits:
Rate hubs: today's highest savings rates, and CD rates by term.
State pages: banks in New Jersey.