Savings

Money Market

CD

Basic

Plus

Best if you want:

Interest-earning power applied to your extra funds

A higher interest rate and more access to your funds

An interest rate that rewards higher balances

A low-risk investment with a fixed interest rate

Monthly fee:

$0¹

$0¹

$0¹

$0¹

Minimum to open:

$100

$100

$100

$1,000

Minimum balance:

$300 ($100 for minors)

$2,500

$10,000

$1,000

Earns interest:

Yes

Yes

Yes – higher balance = better rate

Yes – longer term = better rate

Statement type:

Email or paper

Email or paper

Email or paper

Email or paper

Free withdrawals:

3 per quarter

6 per statement cycle² (maximum of 3 checks or ACH drafts)

6 per statement cycle² (maximum of 3 checks or ACH drafts)

None

Online banking & bill payment:

Free!

Free!

Free!

Free! (online banking only)

Fine print:

(1) $3.00 fee if balance drops below $300 (or $1.00 fee if balance drops below $100, for minors)

(1) $12.00 fee if balance drops below $2,500

(2) $2.00 per additional withdrawal

(1) $12.00 fee if balance drops below $10,000

(2) 2.00 per additional withdrawal

None