REAL Saver
You can build your savings faster and easier with this high interest savings account. Real Saver works together with your Reward Checking account making saving easy and automatic!
Each month your interest earnings and ATM fee refunds** from your Reward Checking account are automatically deposited into your Real Saver account, where they continue to earn extra high interest. You're depositing money into your savings each month without having to do a thing. Saving money couldn't be easier!
- Summary
- 1.50% APY* on balances up to $25,000
- 0.50% APY* on balances over $25,000
- 0.05%APY* on entire balance when qualifications are not met
- Linked to Reward Checking account
- Interest and ATM fee refunds from Reward Checking automatically deposited
- No minimum balance
- No monthly service charge
- No per item charge
- Free Online Banking
- Free eStatements
- Unlimited Telephone Banking
- $10 minimum balance to open
- FDIC insured
*Annual Percentage Yield (APY)
Qualifications:
Every monthly qualification cycle that you qualify for the Reward Checking high rate of 1.51% APY*, you automatically qualify for the Real Saver rate as well.
Reward Checking Qualifications:
- Have at least 10 debit card purchases post and clear
- Have at least 1 automatic payment or direct deposit post and clear
- Receive e‐statements
If you don't qualify in a given cycle, relax - you'll still earn the base rate of return and enjoy a free savings account with no minimum balance or monthly charges. And you can get the Real Saver rate back the next cycle you qualify.
Disclaimer:
Minimum to open Reward Checking account is $10 and $10 for Real Saver. Reward Checking rate tiers are as follows: 1.51% APY applies to balances of $.01 - $10,000 and 0.50% APY on balances over $10,000 applies to balances over $10,000 if qualifications are met during the monthly qualification cycle. 0.05% APY applies to all balances if qualifications are not met. All balances will earn 1.51% APY – 0.50% APY if qualifications are met. The APY assumes that Reward Checking interest is not compounded when linked to Real Saver, because the interest is automatically transferred to the Real Saver account at the end of the monthly qualification cycle. The interest from the Reward Checking account transfers to the Real Saver account, whether the qualifications are met or not.
Qualifying transactions must post and clear to the Reward Checking account during the monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post to an account. Intra‐bank transfers do not count as qualifying transactions. Real Saver rate tiers are as follows: 1.50% APY applies to balances of $0.01 - $25,000 and 0.50% APY applies to balances over $25,000 if qualifications are met during the monthly qualification cycle on the Reward Checking account. 0.05% APY applies to all balances if qualifications are not met on the Reward Checking. All balances will earn 1.50% APY – 0.50% APY if qualifications are met on the Reward Checking. *Annual Percentage Yield (APY) accurate as of May 18, 2012. Rates may change after the account is opened. Fees may reduce earnings. **ATM Fee reimbursements (Reward Checking account only) up to $25 provided only if qualifications are met within the monthly qualification cycle.
