Simple Savings

There is no minimum balance to open a Simple Savings account.

You don’t need to open a checking account to accompany your Simple Savings account.

An Apple Bank Simple Savings account may be the only account you’ll need, since you have unlimited withdrawals and debit card transactions on your account and can deposit or transfer funds into your account to build your savings.

No. Apple Bank's Simple Savings account is available to new customers who reside in New York or New Jersey.

If you are already an Apple Bank customer and your permanent address is in Connecticut, Pennsylvania or Florida, you are also able to apply online for the Simple Savings Account.

Have the following information on hand when you begin the application:

• Your personal information, including Social Security number, email address, mobile number and other personal information that will help us to identify you
• Driver's license, passport or government-issued ID¹.

Your information is safe with us. Apple Bank uses Secure Sockets Layer (SSL) technology. This means that when you’re on our website, the data transferred between Apple Bank and you is secure.

You need to make your first deposit within 30 days.

There are several ways to fund/make a deposit:

Online Transfer: Log in to your account online at applebank.com or on the Apple Bank Mobile App. You can transfer money from another bank account in your name or from your Apple Bank account. To add a new account from another institution, go to Transfer and select Add External Account.

Mobile check deposit: If you haven’t already, download the Apple Bank Mobile App on your phone and enroll in mobile check deposit. Then, you can deposit your checks by simply taking a picture. Make sure each check is properly endorsed with your signature and account number. Remember to write “For Mobile Deposit Only” on the back.

Direct deposit: Fill out this form and bring it to your employer.

Apple Bank branch or ATM: Visit your nearest location to make your first deposit. Certain types of checks and money orders are not accepted at Apple Bank ATMs. For more information visit the FAQ “What checks can I deposit at an ATM?”

Mail your check: Make sure each check is properly endorsed with your signature and account number. Do not mail cash. Be sure to seal the envelope and mail it to us at:

Apple Bank
Depositor Services
250 West 23rd Street, 2nd Floor
New York, New York, 10011-2301

Yes. Deposits held at Apple Bank are FDIC insured up to the maximum allowable limits.

Our specialists are available to answer your questions about your Simple Savings account application. Simply call 800-588-5871 (TDD: 800-824-0710) or email [email protected]. For your protection, when sending an email, please be careful not to include any personal or sensitive information (e.g., Social Security numbers, account numbers, account information, login credentials, etc.).