Green Savings1
Open a Green Savings Account
Features and benefits
- Minimum deposit of $50 is required to open. The minimum deposit requirement will be waived for all accounts opened for a minor.
- Interest credited quarterly.
- If account balance remains above $50, there is no service fee. If the account falls below $50 on any day of the month, a minimum balance fee of $6 will be imposed for that statement cycle.The minimum balance fee will be waived on all accounts for minors until the age of 18.
- A minimum balance of $50 must be maintained in the account each day to obtain the disclosed Annual Percentage Yield (APY).
- Six pre-authorized withdrawals are allowed per quarter; a $2 fee per withdrawal will be assessed thereafter.
- Online statements available.
Green Reserve (MMDA)1
The Green Reserve (MMDA) is a unique savings account that is like a checking account. It allows you to write up to six checks per month while you also earn a higher APY. The Green Reserve account offers five tiers to earn a higher rate of interest and APY based on the daily balance. The minimum deposit to open the account is $2,500. If the account falls below $2,500 on any day of the month, a minimum balance fee of $15 will be imposed for that statement cycle.
Open a Green Reserve (MMDA) Account
Features and benefits
- Interest is credited monthly.
- Monthly statements with check images.
- Daily minimum balance of $2,500 is required in order to obtain the minimum APY.
- Six pre-authorized withdrawals are allowed per month2.
- Balances are tiered to earn a higher rate of interest.
- Online statements available.
- Contact us for current rates.
- Pre-authorized withdrawals are transfers to another account or to third parties by pre-authorized, automatic, telephone or computer transfer or by check, draft or similar order to third parties and are limited to six per quarter on the Statement Savings Account and six per month on the MMDA Account. These transfers do not include those made at an ATM, by mail or personally with a bank teller. An excessive withdrawal fee of $15 will be imposed for each withdrawal that exceeds the six withdrawal limitation on the MMDA Account and a $2 fee on the Statement Savings Account.
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