Consumer Rates
Effective as of 02/09/2023
Convenience+ Checking1,2
| Amount | Interest rate | APY* |
|---|---|---|
| $0 - $499.99 | 0.61% | 0.61% |
| $500 - $999.99 | 0.65% | 0.65% |
| $1,000+ | 0.70% | 0.70% |
Convenience Savings1,2
| Amount | Interest rate | APY* |
|---|---|---|
| $0 - $99.99 | 0.66% | 0.66% |
| $100+ | 0.75% | 0.75% |
Money Market Account1,2
| Amount | Interest rate | APY* |
|---|---|---|
| $0–$24,999.99 | 0.70% | 0.70% |
| $25,000–$49,999.99 | 0.80% | 0.80% |
| $50,000–$99,999.99 | 1.00% | 1.00% |
| $100,000+ | 1.10% | 1.11% |
Club Account1,2
| Amount | Interest rate | APY* |
|---|---|---|
| $0+ | 0.45% | 0.45% |
Give-Back Checking1,3
| Amount | Interest rate | APY* |
|---|---|---|
| $0 - $2,499.99 | 0.75% | 0.75% |
| $2,500+ | 0.80% | 0.80% |
Give-Back Savings1,3
| Amount | Interest rate | APY* |
|---|---|---|
| $0+ | 0.90% | 0.90% |
Online Checking1,3
| Amount | Interest rate | APY* |
|---|---|---|
| $0 - $2,499.99 | 0.80% | 0.80% |
| $2,500+ | 0.90% | 0.90% |
Online Savings1,4
| Amount | Interest rate | APY*,4 |
|---|---|---|
| $0+ | 2.25% | 2.25% |
CDs5,6
| Term | Amount | Interest rate | APY* |
|---|---|---|---|
| 6 months | $500-$249,999.99 | 2.00% | 2.01% |
| 1 year | $500-$249,999.99 | 2.50% | 2.50% |
| 2 years | $500-$249,999.99 | 2.90% | 2.90% |
| 3 years | $500-$249,999.99 | 3.00% | 3.00% |
| 5 years | $500-$249,999.99 | 3.00% | 3.00% |
Promotional CDs5,7,8
| Term | Amount | Interest rate | APY* |
|---|---|---|---|
| 7 months | $500-$249,999.99 | 2.75% | 2.77% |
IRAs6
| Term | Amount | Interest rate | APY* |
|---|---|---|---|
| Variable IRA no maturity | $0-$249,999.99 | 1.25% | 1.26% |
| 3 months CD5 | $500-$249,999.99 | 1.30% | 1.31% |
| 6 months CD5 | $500-$249,999.99 | 2.00% | 2.02% |
| 1 years CD5 | $500-$249,999.99 | 2.50% | 2.53% |
| 2 years CD5 | $500-$249,999.99 | 2.90% | 2.94% |
| 3 years CD5 | $500-$249,999.99 | 3.00% | 3.04% |
Promotional IRAs5,6,7
| Term | Amount | Interest rate | APY* |
|---|---|---|---|
| 7 month CD | $500-$249,999.99 | 2.75% | 2.78% |
* APY means Annual Percentage Yield.
1 This is a variable rate account. The rates may change after the account is opened. Fees may reduce earnings.
2 Money Market Accounts can now be opened in a branch and/or online; please contact your local branch or call 1-800-662-0860 for more information.
3 Give-Back Checking, Give-Back Savings, Online Checking, and Online Savings can only be opened online at www.amalgamatedbank.com. These accounts cannot be opened at an Amalgamated Bank branch.
4 The promotional APY is available for the first 6 months (182 days) from account opening on the entire balance, and is subject to change after the 6 months (182 days), at the bank’s discretion. Promotional rate offer may be changed or withdrawn at any time without notice. All other terms and conditions for the Online Savings account apply.
5 Penalty may be imposed for early withdrawal of funds. All CD rates are fixed upon opening the account.
6 Currently not available to open online; please contact your local branch or call 1-800-662-0860 for more information.
7 Opening deposits for promotional CD’s must be new money only.
8 Currently available to be opened online and/or in branch. Maximum opening deposits vary. Please contact your local branch or call 1-800-662-0860 for more information.