Double up on rewards — if you’ve opened a Neighbor Rewards Checking account, this like-minded savings account earns you big-time interest.

Rates

Key Features

  • Competitive Interest*
  • No Monthly Fees
  • Free Digital Banking
  • Build up savings for a rainy day or future expense
  • 1.01% APY* on balances up to $25,000
  • 1.01% to 0.36% APY* on balances over $25,000 depending on balance in account
  • No monthly service fee
  • No minimum balance requirements
  • A limit of 6 transactions per month by pre-authorized automatic, telephone or computer transfers; $15 per transaction in excess thereafter**
  • Free digital banking services, including:
    • Free online banking
    • Free mobile banking including mobile deposit
    • Free eStatements
  • No minimum deposit to open

Qualifications

You must have a Neighbor Rewards Checking account in order to qualify for a Neighbor Rewards Savings account.

*APY=Annual Percentage Yield. APYs accurate as of 03/24/2020. Rates may change after account is opened. You must have a Neighbor Rewards Checking account in order to qualify for a Neighbor Rewards Savings account and the Neighbor Rewards Checking account must remain open throughout the period that you hold the Neighbor Rewards Savings account. In the event you close your Neighbor Rewards Checking account, we reserve the right to close your Neighbor Rewards Savings account or convert it to a Community Statement Savings account. If your daily balance is greater than zero but less than $25,000.00, the interest rate paid on the balance greater than zero but less than $25,000.00 will be 1.00%, with an annual percentage yield of 1.01%. If your daily balance is $25,000.01 or greater, the interest rate paid on the balance of $25,000.01 or greater will be .20%, the annual percentage yield for this tier will range from 1.01% - 0.36%, depending on the account balance. Limit one account per SSN.

**Repeated offenses to the 6-transfer limit will result in dishonoring of items and account closure.