Ready to create an emergency fund? Saving for a dream vacation, new appliances, or an upcoming wedding? Whatever your goal is, use a Secondary Savings Account to name it, organize your accounts and track your progress.
A Secondary Savings Account is a great way to save for a specific goal or just to help organize your finances. The account description can be personalized to whatever you want to call it and will appear within digital banking and your statement.
There’s no minimum deposit needed to open a Secondary Savings Account and no minimum balance required. It also earns dividends from the date of deposit.
Account description can be personalized
Can have multiple Secondary Savings Accounts
No monthly service charges
No transaction fees
Can be used for overdraft protection
Free eStatements
Dividends paid monthly
Minimum Balance
Account
Dividend Rate
APY*
Minimum Balance
Account
Dividend Rate
APY*
* APY = Annual Percentage Yield. Dividends Compounded: Monthly. Dividends Credited: Monthly. Balance Computation Method: Dividends are calculated using the daily balance method. This method applies a daily periodic rate to the principal in the account each day. Rates subject to change at any time without notice. Fees may reduce the earnings on the account.
1 Membership Required. No minimum opening balance required. Up to six (6) free withdrawals or transfers permitted each monthly statement cycle. Each additional withdrawal or transfer $10.
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