High-Interest Savings Accounts
Reach your savings goals with a competitive rate and unlimited insurance protection.
Grow your deposits faster with a great rate, and get peace of mind knowing that your funds are protected in full – even past FDIC limits. For balances of $25,000 and up, earn even more with a Jumbo Savings account.
Bank5 Connect’s high-interest savings accounts include plenty of perks to help you reach your savings goals:
- Manage your account on-the-go with Online Banking and the Bank5 Connect mobile app
- 100% deposit insurance with a combination of FDIC and DIF coverage
- Customer support the way you need it - reach us by chat, phone, or video
- Set up a portion of your paycheck to be directly deposited into your Bank5 Connect savings account and take advantage of our Early Deposit feature
Today’s Rates for Bank5 Connect High-Interest Savings Accounts
| Product | Interest Rate | APY* | Minimum Deposit | Minimum Required to Earn APY* |
|---|---|---|---|---|
| Connect Savings | 1.49% | 1.50% | $10 | $100 |
| Jumbo Savings | 4.98% | 5.10% | $25,000 | $25,000 |
*APY – Annual percentage yield. Rate may change after account is opened. Fees may reduce earnings. Rates effective 4/19/2024.
eStatements notice – There is a $1 per statement, per month fee for Bank5 Connect savings accounts that receive statements through U.S. Mail. Savings accounts that receive eStatements will not incur a fee.
The Benefits of a Bank5 Connect Savings Account
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High-Yield Savings
Earn substantially more than the national average yield for savings accounts.
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No Maintenance Fees
Keep what you make without monthly maintenance fees.
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Overdraft Coverage
Link your savings account to a Connect Checking account to cover accidental overdrafts.
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Unlimited Protection
Your deposits are 100% insured, even for amounts over the standard FDIC limit of $250,000 per depositor.
Questions? Browse our FAQs to learn more.