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Money Market Accounts

Money Market Accounts

Money Market Accounts

Grow your savings faster with competitive rates and easy access. FDIC and DIF insured.

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An account designed to help your money grow.

Money Market accounts offer the flexibility to save, write checks, and access your money conveniently. Plus, all deposit balances are protected with FDIC and DIF coverage.

Choose the Money Market Account for You

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Ultra Money Market Special

Higher balances. Higher earning potential.

Designed for those who keep larger balances and want a premium rate with everyday access to their funds.

Account Features

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  • $50,000 opening deposit required
  • Tiered interest with top-tier earning potential
  • Requires a Savers Bank checking relationship
  • Easy access to your money
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Tiered Money Market Account

Flexible savings with steady growth.

A simple money market option when you want tiered interest and convenient access to your funds.

Account Features

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  • Tiered interest levels
  • Lower opening deposit requirement
  • Easy access to your money
  • No complex requirements

Bank your way, anytime

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Online & Mobile Banking

Manage your money anytime, anywhere.

Get Started >

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Set and Track Savings Goals

Use our personal financial wellness tool built into mobile banking and available across all devices**

Manage Your Money >

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Local support when you need it

Digital convenience that’s always backed by real people. 

Contact Us >

Ready to get started?

Open your money market account in just a few minutes.

We Have The Tools To Help Your Savings Grow

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Automatic Transfers

Set it and forget it. Move money from checking to savings automatically and watch your balance grow without even thinking about it.

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Roll-it Up Savings

Save a little every time you spend. Purchases with your debit card are rounded up, and the change goes straight into your savings.

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Financial Wellness Resources

From budgeting tips to easy-to-use calculators, we have the tools to help you make smarter money decisions.

Frequently Asked Questions

What is a money market account?

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A money market account is a variable APY account similar to a savings account which may earn a higher interest rate compared to savings for customers who do not need frequent access to their funds.

What is APY?

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APY stands for Annual Percentage Yield. It shows the yearly rate of return on your savings, including the effects of interest compounding. This means your interest can earn interest, helping your money grow faster over time.

Are there any transaction limits on a money market account?

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At Savers Bank, there are no transaction limits on your savings account. You can access your money when you need it without worrying about transaction caps.

Can I manage my money market account online or on my phone?

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Yes! With Savers Bank Online and Mobile Banking, you can easily check your money market balance, transfer money, and track your progress toward your goals anytime, anywhere. 

What do I need to open an account?

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Have these ready

  • Social Security Number
  • Email Address
  • Phone Number
  • Address

Fill out the application

  • Follow the simple instructions to complete your online application.  This process can be as fast as three minutes.

Make an opening deposit

  • Choose how to fund your opening deposit. Use a debit card, credit card or transfer from another bank
  • Submit the application

What is MX Money Management?

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MX Money Management™ is a free tool included with your Savers Bank online and mobile banking. It helps you see all your financial accounts in one place and gives you simple tools to track spending, set budgets, and reach your goals.**

Want to learn more? Visit our MX Money Management page.

*Minimum deposit is required to open the account. Fees or other conditions could reduce the earnings. Minimum balance to earn APY is $10. The Ultra Money Market requires a Savers Bank checking account to receive the advertised promotional money market rate.

**When using MX Money Management on your mobile device, data rates may apply.

Customer Service 800.649.3036