A strong financial foundation
Develop a solid financial core with this flexible savings plan that puts you in control. Not only do our business savings accounts come with a passbook to track progress so you can monitor how much interest you've earned, but also, they pay compounding interest quarterly.
Savings account features
- Minimum balance to open: $100.00
- Daily minimum balance: $100.00
- Monthly service charge: $5.00 (waived if daily minimum balance is maintained)
Our best savings accounts rates**
| Account Type | Minimum Opening Deposit | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Individuals*** / Businesses | $100.00 | 0.050% | 0.050% |
Savings Calculator
** All Interest Rates and Annual Percentage Yields (APY) are current as of this date but are subject to change at our discretion. The disclosed APY assumes that the interest will remain on deposit; interest withdrawals will affect APY. Bank uses the daily balance method to calculate the interest on your account. This method applies a daily rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (i.e., checks). Interest is compounded and credited monthly on your collected balance. These are variable rate accounts. The interest rate that corresponds to the amount on deposit is paid on the full balance.
*** Minimum Opening Deposit doesn’t apply to individuals under 18.