Savings
Savings Accounts with Apple Bank
Apple Bank makes saving easy. Whether you need a simple savings account where you can watch your money grow, or you want to encourage your children to start saving now, we have many options that will fit your needs. With features like direct deposit, automatic transfer of funds, 24-Hour Banking and ATM access available with most of our accounts, saving your well-earned money has never been so convenient.
Features available with most of our savings accounts include:
- Passbook or statement accounts for any of our savings products.
- Direct deposit of your payroll checks or any federal recurring payments (i.e. social security).
- Transfer of interest and dividend checks from other investments into your accounts.
- Opening any statement savings account with Apple Bank makes you eligible for an Apple ATM Card – providing convenient options for banking 24 hours a day, 7 days a week. Apple Bank has ATMs located at all of its branches, always available for making deposits, withdrawals, transfers, and balance inquiries. Additionally, your ATM card can be used at other ATMs almost anywhere. Apple Bank ATM Cards are not available on passbook or Club Accounts.
- Information on your accounts is available online 24 hours a day, 7 days a week at www.applebank.com or from 9 am to 5 pm weekdays at 1-914-902-APPLe (2775).
Compare and select which Apple Bank Savings Account is right for you:
| Features |
Apple Advantage Savings* |
Premium & Super Savings** |
Gold Savings |
Regular Savings |
Holiday/Vacation/Club Accounts |
| Minimum to open |
$10,000 |
$10,000 |
$1,000 |
$100 |
$5 |
| Minimum to earn interest |
$1 |
$5,000 |
$2,500 |
$250 |
$5 |
| Interest compounded |
Daily |
Daily |
Daily |
Daily |
Daily |
| Interest paid |
Statement:
Monthly
Passbook:
Monthly |
Statement:
Monthly
Passbook:
Quarterly |
Statement:
Monthly
Passbook:
Quarterly |
Statement:
Quarterly
Passbook:
Quarterly |
Quarterly and at maturity |
| Monthly service charge |
None with a minimum daily balance of $10,000 |
None with a minimum daily balance of $5,000 |
None with a minimum daily balance of $2,500 |
None with a minimum daily balance of $500 |
None |
| Direct deposit availability |
Yes |
Yes |
Yes |
Yes |
Yes |
| 24-hour online banking, telephone banking, and automatic funds transfer |
Yes |
Yes |
Yes |
Yes |
Yes |
* Apple Advantage Savings available to qualifying Apple Advantage Program Members.
** Premium Savings account maximum balance of $1 million.
Apple Club Accounts
For travel or holiday buying, there is no better way to save the money you need than with an Apple Club Account. Decide on a dollar goal amount and make payments at any time. You will get a passbook to keep track of your progress and will automatically receive a check at the end of the plan.
Youth Savings Account
Our Youth Savings Account is a simple, low cost way to introduce your child to banking and the benefits of saving money. If you are between the ages of six and 17, have your own social security number, can sign your own name, and have at least $1, you can have your own Youth Savings Account with Apple Bank.
To open the Savings Account of your choice, stop by any Apple Bank branch, or call 1-914-902-APPLe (2775) for more details. For those using text transmitter equipment, our TDD number is 1-800-824-0710.