Neighbor Rewards Savings

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Neighbor Rewards Savings

Innovative, free Neighbor Rewards Savings account provides a whole new way to bank!

Take advantage of big-time interest and other free conveniences like online banking and eStatements.


Summary
  • 1.01% APY* on balances up to $25,000
  • 1.01%-0.36% APY on balances of $25,000.01 or greater depending on balance in account*
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free online banking
  • Free eStatements
  • No minimum deposit to open
  • Unlimited free transactions conducted in person at the teller lines
  • A total of 6 checks, ACH Debits or electronic transfers per a statement cycle with no service fees; $15 per transaction thereafter**

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 09/04/2018. 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.