BONUS Savings Account

0.05% APY*
$2,500 minimum to earn stated rate
PLUS
0.25% BONUS**
On the last business day of the calendar year 

BONUS Savings

We'll give you a good reason to celebrate your savings account – every year.

Our premier, fully liquid savings account*
$2,500 to open, earn interest and avoid monthly maintenance fee
Competitive, tiered interest rates
Bonus interest paid on the last business day of the calendar year
Schedule automatic monthly deposits to maximize savings

We think you should be celebrated annually. Don't you?

With our BONUS Savings account*, you’ll receive very competitive tiered rates when you maintain a daily account balance of $2,500 or more. Plus, we celebrate at the end of each calendar year by paying you an interest rate bonus** that's based on the average account balance for the entire year (pro-rated for accounts opened during the calendar year).  You're eligible for the bonus if your balance is at least $2,500 on the last business day of the calendar year.

The BONUS Savings account is ideal for personal savings. Your account is fully liquid, so you can access your money anytime you need it. Maximize your earning power by planning automatic monthly deposits. 

 

*Annual Percentage Yield (APY) disclosed is effective as of March 18, 2024 and may be changed by the Bank at any time, including after account opening. Interest is earned on daily balances of $2,500.00 or more at the following tiers: $2,500.00-$24,999.99: 0.05% interest rate and 0.05% APY, $25,000.00 and up: 0.05% interest rate and 0.05% APY. A $2,500.00 minimum deposit is required to open the account. You must maintain a minimum daily balance of $2,500.00 in your account each day to earn the stated APY and avoid the $10.00 monthly maintenance fee. This monthly maintenance charge does not apply to accounts established for the benefit of persons under age 21 (i.e., custodial accounts). Not available for retirement accounts. Fees may reduce earnings. **Special bonus feature: A 0.25% interest rate bonus will be paid on the last business day of the calendar year calculated on the average account balance for the entire year. Deposits made to the account on the last business day of the calendar year will be included when calculating the average account balance for the next annual bonus payment period.