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Savings
Comparison

Select a Savings Account Built Around You.

Relyance Bank offers several savings account options.

Account

OVERVIEW
BENEFITS

Rely Savings

Rely Savings offer a safe place to grow funds.

  • Competitive interest paid quarterly
  • Avoid the $5 balance requirement fee by maintaining a $100 daily balance
  • Safekeeping for rainy day funds
  • Nine withdrawals allowed per quarter at no charge; per withdrawal fee of $2 thereafter
  • Online banking available at no additional cost
  • E-statements available at no additional cost
  • Mobile banking available at no additional cost
  • $100 minimum deposit to open

Relyable Christmas

Save year round and make the holidays merrier.

  • Save throughout the year for the upcoming holiday season
  • Competitive interest
  • No monthly service charge
  • Set aside cash in any amount you feel comfortable with
  • Set up direct deposit to build savings automatically
  • Funds disbursed at the end of October, just before the Christmas rush*
  • Online banking available at no additional cost
  • E-statements available at no additional cost
  • Mobile banking available at no additional cost
  • $1 minimum deposit to open

*Early withdrawal results in closing of the account and forfeiture of accrued interest.

Sprout Savings

Sprout an early love of saving.

  • Savings account designed specifically for children
  • Competitive interest paid quarterly
  • No quarterly maintenance fee
  • Great way for children to learn the value and principles of saving
  • Nine withdrawals allowed per quarter at no charge; per withdrawal fee of $2 thereafter
  • Online banking available at no additional cost
  • E-statements available at no additional cost
  • Mobile banking available at no additional cost
  • $10 minimum deposit to open

Other Savings Account Options

Certificates of Deposit (CDs)

Earn higher interest than regular savings and reach your goals faster with fixed-rate CDs.

Features and Benefits

  • Less risky than other investments
  • Interest can be paid monthly, quarterly, semiannually, or annually
  • A wide range of terms available; easily select the term that best reaches your goal
  • $500 minimum deposit to open
  • Fixed interest rates for added guarantee
  • Penalty for early withdrawal
  • Call (855-365-RELY) for rates

Individual Retirement Accounts (IRAs)

Ensure that your hard work today pays off in the future.

Features and Benefits

  • Tax-advantaged retirement savings*
  • Competitive interest above standard savings rates
  • Traditional and Roth IRA options
  • No setup fees
  • No monthly or annual maintenance fees
  • Contributions and limits apply as determined by the IRS
  • Funds can be used to purchase CDs within IRA
  • $500 minimum deposit to open**

*Consult a tax advisor

**Minimum deposit reduced to $100 for 18-month variable IRA plan

Money Market

Benefit from higher interest rates with a full-service money market that combines checking and savings.

Features and Benefits

  • Avoid the $10 balance requirement fee with a $500 minimum daily balance
  • Online banking available at no additional cost
  • E-statements available at no additional cost
  • Mobile banking available at no additional cost
  • Mastercard® debit card available at no additional cost*
  • $500 minimum deposit to open

Additional Details:

  • $10 (per occurrence) fee for withdrawals in excess of six per statement cycle
*Upon approval.

Digital
Services

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