Simplicity Savings

This basic savings account offers a hassle-free savings option with easy access. This is a great starter account and also a good way to have overdraft coverage for your checking account.

  • Minimum to open is $50.
  • Earns interest, see below for rates.
  • Up to 75 items per statement cycle can be deposited into this account with no charge; thereafter, the charge is $0.20 per item.
  • $3 monthly base fee service charge. Monthly base fee refunded if a $300 minimum ledger balance* is maintained or the account is combined with a checking account statement.
Additional Product Information & Details

* Minimum Ledger Balance: The lowest end of day balance in an account during a statement cycle; a certain minimum daily balance is often required interest-bearing accounts to avoid a monthly maintenance fee.

Interest Rates:

Rates effective as of 10/03/2022.

list of current rates
Minimum Balance to Obtain Annual Percentage Yield Interest Rate APY
$1 0.05% 0.05%
  • Rates may change at any time without notice
  • Fees could reduce earnings