Statement Savings makes saving easy with no fees* and no minimum balance. Plus, all deposit balances are secure with FDIC and DIF coverage.
Use our personal financial wellness tool built into mobile banking and available across all devices**
Digital convenience that’s always backed by real people.
Open your savings account in just a few minutes.
Set it and forget it. Move money from checking to savings automatically and watch your balance grow without even thinking about it.
Save a little every time you spend. Purchases with your debit card are rounded up, and the change goes straight into your savings.
From budgeting tips to easy-to-use calculators, we have the tools to help you make smarter money decisions.
What is a savings account?
A savings account is a simple way to set money aside for a specific goal, whether it’s an emergency fund, vacation, holiday shopping, home improvements, or a new car. It helps you keep your savings separate from your checking account so you can track progress toward what matters most to you. Even if you have other accounts like a Money Market or CD, a savings account can be a helpful tool for organizing your money.
What is APY?
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 savings account?
At Savers Bank, there are no limits on how many withdrawals or transfers you can make from your savings account. You can access your money when you need it without worrying about transaction caps.
Can I manage my savings account online or on my phone?
Yes! With Savers Bank Online and Mobile Banking, you can easily check your savings balance, transfer money, and track your progress toward your goals anytime, anywhere. Managing your savings is simple, secure, and right at your fingertips.
What do I need to open an account?
Have these ready
Fill out the application
Make an opening deposit
What is MX Money Management?
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.
**When using MX Money Management on your mobile device, data rates may apply.