If you’re looking for a simple savings account or a starter account, Statement Savings is the way to go. Ready to set it up? Open an account in minutes right here online. Or visit your local bank branch, and we’ll take care of everything.
Features
- Open with just $10
- Earn interest and avoid fees with a monthly balance of $100
- Use as overdraft protection for your personal checking account
- Transfer money between accounts via online or mobile banking
- Free Mobile Banking app – just download and go
- Free Online Banking, online bill pay, and eStatements
Rates
Statement Savings Account
As of 10/22/2024
Minimum to Open | Minimum to Earn APY | Interest Rate | Annual Percentage Yield (APY) |
---|---|---|---|
Minimum to Open$10 | Minimum to Earn APY$100 | Interest Rate0.05% | Annual Percentage Yield (APY)0.05% |
Interest bearing savings accounts earn interest from day of deposit to day of withdrawal. Interest is accrued daily, compounded monthly and credited to the account monthly. We use the daily computation method to calculate the interest on all interest-bearing savings accounts. This method applies a daily periodic rate to the principal in the account each day. The Annual Percentage Yield assumes that all interest will remain on deposit for one (1) year at the stated interest rate.