Personal Checking
| Simply Free | Ultimate | Wise 55 | Savi | |||||||||||||
| Your Needs | Low balance and $0 monthly service charge |
High balances and earns interest |
Senior checking with perks |
Online banking only with competitive interest |
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| Annual Percentage Yield (APY) | N/A |
|
0.25% |
Amounts up to $25,000 Amounts over $25,000 All amounts |
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| Minimum Opening Balance | $100 | $100 | $100 | $100 | ||||||||||||
| Monthly Service Charge | $0 | $8* | $0 | $0 | ||||||||||||
| Requirements | *$10,000 minimum daily balance, cumulatively for all personal accounts, to avoid $8 monthly service charge. |
55 years of age and older |
One (1) Direct Deposit posted and settled during the statement cycle, PLUS Fifteen (15) Debit Card Transactions posted and settled during statement cycle (not including ATM transactions), PLUS Electronic Statements**. |
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| Perks | Free online banking and bill pay | Free basic checks, free cashiers checks, free online banking and bill pay | Two free boxes of basic checks per year, free paper statements, free online banking and bill pay | Free online banking and bill pay |
Low balance and $0 monthly service charge
High balances and earns interest
| Under 10k | 0.05% |
| 10-24,999 | 0.10% |
| 25-49,999 | 0.15% |
| 50-99,999 | 0.20% |
| 100-249,999 | 0.25% |
| Over 250k | 0.30% |
*$10,000 minimum daily balance, cumulatively for all personal accounts, to avoid $8 monthly service charge.
Senior checking with perks
55 years of age and older
Online banking only with competitive interest
Amounts up to $25,000
2.00% ‡
when all requirements met
Amounts over $25,000
0.40%-2.00%§
(depending on balance in account) when all requirements met
All amounts
0.05%‡
when all requirements ARE NOT met
One (1) Direct Deposit posted and settled during the statement cycle, PLUS Fifteen (15) Debit Card Transactions posted and settled during statement cycle (not including ATM transactions), PLUS Electronic Statements**.
APY’s are effective as of 3/9/2020.
‡Interest is calculated daily, compounded and credited monthly on all balances. Consumer accounts only. Minimum opening balance is $100. Your interest rate and Annual Percentage Yield (APY) will depend on the daily balance in the account. At our discretion, we may change the interest rates on your account at any time. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Requirements will be waived during first two (2) statement cycles to allow customers to set up direct deposit and receive VISA debit card. During that time customers will receive 2.00% APY on balances up to $25,000 and 0.40%-2.00% APY on balances over $25,000.
§This is a blended APY – it includes the balances in both tiers, each of which earns a different rate. Higher balances will produce lower APY’s.
**Enroll for online banking here or at your local branch. Log in to your online banking to access your statements.
Personal Rates
Reorder Checks Online EDIE the Estimator—determine your FDIC insurance coverageDebit Cards
Use your SaviBank debit card instead of a check, cash or credit card to pay for everyday purchases. Access ATM machines around the world to obtain cash. MoneyPass member.
