Simple Saver is a basic savings account that only requires a $100 minimum deposit to open. Want to avoid monthly service fees for this account? No problem. The Simple Saver keeps things simple by allowing you to easily waive the $5 monthly service fee by having a daily balance of $100 or more, or having a reoccurring monthly contribution of $20. It’s a perfect account to save for almost anything — your emergency fund, a rainy day, and more!
This account requires $100 to open. This account is also subject to Regulation D, and has an excessive debit charge of $1 per debit after 6 debits in a cycle. This account is also interest bearing, please refer to the rates page for current rates.