
Benefits Include:
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Competitive Rates: Earn interest on your money while it is still highly liquid.
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Flexibility: Deposit and withdraw money at any time just like a checking or savings account.
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Tiered Rates: The more you put into the account, the higher APY you can earn.
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Security: Your money is FDIC insured up to the maximum allowed by the law1.
Rates:
Amount2 | APY3 | Interest rate |
---|---|---|
$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+ | 1.11% | 1.10% |
1 The Federal Deposit Insurance Corporation (FDIC) grants deposit insurance of $250,000 per account title. You may also qualify for more than $250,000 in FDIC coverage at Amalgamated Bank if you have single accounts, joint accounts, Individual Retirement Accounts and trust accounts.
2 $100 minimum deposit is required to open with a maximum online deposit of $100,000. You may visit an Amalgamated Bank branch to make additional deposits.
3APY means Annual Percentage Yield Rates effective as of 12/23/2022. This is a variable rate account. The rates may change after the account is opened. Fees may reduce earnings. Advertised rate and APY are offered at the bank’s discretion and may change daily.