Regal Bank is pushing for their high interest rate savings account called Special Statement Savings. This high yield savings account requires you to deposit a minimum balance of $100 to open an account. The Special Statement Savings account lets you earn an interest rate of 1.36% APY. For you to enjoy this best interest rate you need to maintain a daily balance of $500.

For individuals who wants to take advantage of the best interest rates, you need to visit the bank to open an account. Please remember that after opening an account the interest may change, so make sure to ask the bank’s representative with regard to the latest interest rate on their Special Statement Savings account. Regal Bank will also provide an ATM card, and you also have a privilege to manage your account thru online banking.

For inquiries with regard to opening a Special Statement Saving account or latest rates you may contact the banks customer service line thru 973-716-0600.

Regal Bank has branches located in the cities of Livingstone and Roseland in the state of New Jersey.

Regal Bank started serving its customers in 2007. For a new established bank, they already have a total of $152.3 million in deposits and already have more than 167.3 million in declared assets.

Regal Bank is also a member of the Federal Deposit Insurance Corporation since 2007. They have an FDIC certificate number 58574.