Most Valuable Savings
Earns 0.50% APY* on entire balance when monthly qualifications are met
Earns 0.05% APY* on balance if monthly qualifications are not met
- No monthly service fee
- No minimum balance to earn rewards or maintain account
- Linked to Most Valuable Checking account of your choice
- ATM fee refunds nationwide** (up to $50 per monthly qualifications cycle)
- Earnings from ATM fee refunds are automatically deposited in Most Valuable Savings
- Free online banking
- Free e-Statements
- $50 minimum deposit to open
- FDIC insured
- Be enrolled & receive e-statement notice
- Have at least 10 debit card purchases post and settle to the Most Valuable Checking Account of your choice per qualification cycle
- Have at least one direct deposit or automatic debit (ACH) transaction post and settle to the Most Valuable Checking Account of your choice each qualification cycle
Even if you don't qualify during a given cycle, you can try again next cycle to earn rewards.
Rates may change after account is opened. Fees may reduce earnings. Not available as a stand-alone product, must be opened in conjunction with a Most Valuable Checking account.
*Annual Percentage Yield (APY) accurate as of 3/10/2014. Minimum to open Most Valuable Checking account is $50 and $50 for Most Valuable Savings. Most Valuable Checking rate tiers are as follows: 1.25% APY applies to balances of $0.01-$10,000 and 0.35% APY applies to balances over $10,000, if monthly qualifications are met during the monthly qualifications cycle. 0.05% APY applies to all balances if monthly qualifications are not met. All balances will earn 0.35% APY to 1.25% APY as long as monthly qualifications are met. The advertised Most Valuable Checking APY is based on compounding interest. The interest earned in Most Valuable Checking is automatically transferred to Most Valuable Savings each monthly qualification cycle and does not compound. The actual interest paid may be less than the advertised APY. Most Valuable Savings APYs may be less than Most Valuable Checking APYs. Most Valuable Savings rate tiers are as follows: Qualified Rate of 0.50% APY on entire balance if qualifications are met during monthly qualification cycle on Most Valuable Checking. Base Rate of 0.05% APY applies to all balances if monthly qualifications are not met on Most Valuable Checking. Qualifying transactions must post and settle to the Most Valuable Checking Account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. ATM transactions and intra-bank transfers do not count as qualifying ACH transactions. May be reported on IRS Form 1099.
** If you have met your qualifications during the Monthly Qualification Cycle, we will reimburse you for domestic ATM fees imposed during the Monthly Qualification Cycle by our institution and other U.S. Financial Institutions up to $50.00 per month. Monthly ATM fee reimbursements will be credited to your account on the last day of the Monthly Qualification Cycle. If the monthly qualifications are not met, no ATM surcharge fees will be reimbursed for that monthly qualification cycle.
ATM fees of $4.99 or less will be reimbursed up to a maximum of $4.99 per individual transaction. ATM fees of $5.00 and higher will be reimbursed if the appropriate ATM receipt is presented to a representative at one of our branches. If you believe that you have not been reimbursed the correct amount, please contact us. We must hear from you no later than 30 days after the Monthly Qualification Cycle where the reimbursement was applicable. Note: ATM withdrawals do not count as qualifying transactions for purposes of earning rewards within this account.
Most Valuable Checking-with Cash Back customers: ATM fee reimbursements will be credited to your Most Valuable Savings account on the last day of your monthly qualification cycle.
Most Valuable Checking-with Interest customers: ATM fee reimbursements will be credited to your Most Valuable Checking account on the last day of your monthly qualification cycle and then transferred to your Most Valuable Savings account on the next business day.