Focused on your future.
Flexible savings solutions designed for you.
Flexible savings solutions designed for you.
Whether you’re planning for a major milestone or setting aside funds for a rainy day, we offer a range of savings accounts to suit your needs. From educational savings to emergency funds, our options are designed to help you achieve your financial goals. Start saving today with the account that’s right for you.
Perfect for those just starting to save. It offers the convenience of maintaining a lower balance while providing instant access to your funds whenever you need them.
Designed for unexpected expenses, this account helps you build a financial safety net. It allows you to save with assurance of quick and easy access to your funds when needed.
A savings account is a type of bank account designed to help you save money and earn interest over time. It offers a safe place to deposit your funds while earning interest, typically at a higher rate than a checking account. Savings accounts are ideal for setting aside money for future needs, building an emergency fund, or saving for a specific goal.
A savings account works by allowing you to deposit money into a secure account where you earn interest over time. Here’s a step-by-step breakdown:
APY stands for Annual Percentage Yield. It represents the amount of interest you earn on a deposit account, such as a savings account, over the course of a year. APY takes into account the interest rate and the effect of compounding, providing a more accurate reflection of your potential earnings. The higher the APY, the more interest you’ll earn on your savings.
You can access your savings account in several ways:
The number depends on your financial goals and needs.
Ultimately it is a personal decision based on your financial situation and preferences. Our team would be happy to help determine the best approach for your savings strategy.
Emergency Savings and Money Market Account: You can make unlimited transfers and withdrawals through an ATM or teller without incurring a fee. However, if you use methods such as debit card transactions, checks, electronic payments (like bill pay to a third party), overdraft protection transfers, or transfers to an account at another institution, you’re limited to a combined total of eight withdrawals or transfers per monthly service cycle. Exceeding this limit may result in a a $5 fee.