Available to New Jersey Residents Only

Products & Services
  • Free Internet Banking with free Bill Payment and free online access to statements and check images
  • Free Mobile Banking App with Mobile Check Deposit
  • Card Valet (this free app allows customers to monitor and manage their debit/credit cards)
  • 24 Hour ATM’s at all branch locations
  • Instant-Issue ATM/Debit Cards
  • Member of Allpoint – an international surcharge free ATM network
  • Telephone Banking
  • Safe Deposit Boxes (Berkeley Heights, Livingston, Madison, Secaucus, Summit, Westfield, Westwood)
  • Automatic NSF Transfer (linked to existing savings account)
  • Overdraft Protection
  • U.S. Savings Bonds Redeemed
  • Wire Transfers
Commercial Account Services
  • Online Cash Management Services for business (including ACH and Wire Transfer origination)
  • Remote Deposit Capture
  • Attorney Escrow Management Services [IOLTA]
  • Landlord/Tenant Account Services
  • Merchant Card Services

CDARS and ICS

Insured Cash Sweep (ICS) and Certificate of Deposit Account Registry Service (CDARS) are smart, convenient ways for depositors to safeguard their large deposits placed into demand deposit accounts (through ICS), money market deposit accounts (also through ICS), or CDs (through CDARS). Businesses, nonprofits, and other large-dollar, safety-conscious depositors regularly place funds through ICS and CDARS. With ICS and CDARS, depositors can:

  • Enjoy peace of mind knowing their funds are eligible for multi-million-dollar FDIC insurance
  • Earn interest
  • Save time by working directly with Haven Savings Bank (a financial institution that is a Promontory Network member)
  • Select demand deposit accounts, money market deposit accounts, and CD terms to match their cash management needs
  • Know the full amount of their deposit can be used to make loans locally or in an under-served community
  • ICS® and CDARS® customers have direct access to view balances, statements, and notices on the Depositor Control Panel (DCP).

Haven Savings bank offers CDARS as a member of the Promontory Network. When Haven Savings Bank places a deposit using CDARS, that deposit is divided into amounts under the standard FDIC insurance maximum ($250,000) and is allocated among member banks, making the large deposit eligible for FDIC insurance. As a result, customers can access coverage from many institutions while working directly with just Haven Savings Bank and receiving just one regular statement.

Haven Savings bank offers CDARS as a member of the Promontory Network. When Haven Savings Bank places a deposit using CDARS, that deposit is divided into amounts under the standard FDIC insurance maximum ($250,000) and is allocated among member banks, making the large deposit eligible for FDIC insurance. As a result, customers can access coverage from many institutions while working directly with just Haven Savings Bank and receiving just one regular statement.

When a customer submits a large deposit to Haven Savings Bank for placement through ICS, that institution places the funds into deposit accounts at FDIC-insured banks that are also members of the ICS Network. This occurs in increments below the standard FDIC insurance maximum ($250,000) so that both principal and interest are eligible for FDIC insurance. By working directly with just Haven Savings Bank, the customer can receive coverage from many. Customer funds are placed into demand deposit accounts (using the ICS demand option), money market deposit accounts (using the ICS savings option), or both.