Information for:
Academy Bank’s Saving Account is a great interest earning account to reach your savings goals. With our interest rate compounding monthly, you have more incentive to save more! A savings account can help you save up for anything, from vacations to unexpected expenses.
Small savings can add up with the Academy Bank's Saving Cents program. Saving Cents rounds up debit card purchases from an Academy Bank Checking Account and transfers the change directly into a Savings Account.
Applying typically takes 10 minutes or less.
Features
Daily Rates
| Account Balance | Annual Percentage Yield |
|---|---|
| All balances | #savings_apy1% |
What You Need to Know
- There is a $25 minimum opening deposit.
- $100 minimum balance required to avoid $5 monthly service charge.
- Excessive withdrawal fee of $10 per item over 6 withdrawals per statement cycle.
- You can receive free e.Statements or $5 paper statements with this account.
- If enrolled in Saving Cents, the minimum opening deposit will be waived. Also, the $5 monthly service charge will be waived for twelve (12) months. Otherwise, a monthly service charge of $5 applies.
- Closing new accounts within 90 days of opening will result in a $20 early closure fee.
Applying typically takes 10 minutes or less.