Savings Accounts
EveryDay Interest Savings Account
Start with just $1. EveryDay Interest is an interest-bearing savings account with simple ways to avoid the monthly service fee and online tools to help you build a savings routine.
An easy way to save
Saving that fits your routine
Start with just $1
You don’t need a large deposit to begin. Open your account with $1 and add to your savings at a pace that works for you.
Avoid service fees
Choose from three ways to have the $3 monthly fee waived, including direct deposit or a $300 minimum daily balance.
Build a savings routine
Use eligible transfers to add to savings regularly and make saving a natural part of how you manage your money.
What to know
Account details
| Minimum deposit to open | $1 |
|---|---|
| Interest | Interest-bearing savings account with a variable interest rate. |
| Monthly service fee | $0 or $3 per month. |
| How to avoid the fee | Have at least one direct deposit into the account each month, maintain a $300 minimum daily balance, or qualify while the primary account holder is under age 18. |
| Withdrawals | $0 for four withdrawals in a month, then a $2 fee for each additional withdrawal. |
| Statements | Paper statements are included at no fee. Electronic statements are available through Online and Mobile Banking. |
| Digital banking | Use Online and Mobile Banking to view your account and manage eligible transfers. |
| Financial Education | Use free financial wellness courses and calculators, or meet one-on-one with a financial education coach to build your knowledge and work toward your goals. |
Save for what matters
Built for everyday saving
Build a financial cushion
Set money aside for unexpected expenses so you have savings available when something unplanned comes up.
Save for what's ahead
Build toward a trip, home project, larger purchase, school costs, or another expense you’re planning for.
Save a little at a time
Keep adding to savings at a pace that works for you, whether you save occasionally or make it part of your regular routine.
Digital tools
Make saving easier to manage
Saving gets easier when you can see what you have, move money when you need to, and make progress at your own pace. Use digital banking to manage your account, move money between eligible accounts, and set up recurring transfers.
You can also build your financial knowledge with free financial wellness courses and calculators. Use them to explore savings goals, plan for upcoming expenses, and make informed decisions about your money.
Save on a schedule
Set up recurring transfers from your checking account to make saving part of your day-to-day.
Build toward your goals
Our app makes it easy to set savings goals, build a budget around them, and track your progress as you work toward what matters to you.
Learn at your own pace
Our free financial wellness courses and calculators help you learn, plan for goals, and strengthen your money skills.
Help when you want it
Personal support is nearby
You don’t have to figure out every money question on your own. Visit one of our 70+ banking centers to talk with someone who can answer questions and help you understand your options.
If you want more focused support, you can also meet one-on-one with a financial education coach. Coaching gives you a place to ask questions, build your financial knowledge, and work through the money topics that matter to you.
FAQ
- You need just $1 to open an EveryDay Interest Savings account.
- You can add to your savings over time at a pace that works for you.
- EveryDay Interest has a $3 monthly service fee.
- The fee is waived when you receive at least one direct deposit into the account that month.
- You can also have the fee waived by maintaining a $300 minimum daily balance.
- The fee is waived while the primary account holder is under age 18.
- A direct deposit posted on the last business day of the month counts toward the following month.
- You need $1 to open EveryDay Interest.
- You can maintain a $300 minimum daily balance as one way to avoid the $3 monthly service fee.
- Direct deposit and age may also qualify you for a fee waiver.
- Yes. EveryDay Interest is an interest-bearing savings account.
- The account earns a variable interest rate.
- The rate and annual percentage yield may change.
- Contact us for current rate information.
- You can make four withdrawals in a month before a withdrawal fee applies.
- Starting with the fifth withdrawal, we charge $2 for each additional withdrawal.
- Other account terms may also apply.
Start with your next savings goal
Open EveryDay Interest with just $1 and build from there. Simple ways to avoid the monthly fee and convenient online banking tools help make saving part of your everyday life.
