My Generation Savings
It's not your grandparents' savings account! Open this free account in conjunction with your My Generation Checking, and make the most of your rewards with automatic monthly transfers and a second great rate of up to 1.50% APY.*
There's no cost or minimum balance, and there are no additional qualifications, so every monthly qualification cycle you get the rewards rate on your checking, you'll get it here too. Start building your savings with an account built to help you do it fast!
- Summary
- 1.50% APY* on balances up to $15,000
- 0.75% APY* on amount of balance over $15,000
- 0.05% APY* if qualifications are not met
- Linked to My Generation Checking account
- Free automatic reward transfers
- No monthly fees or minimum balance
- Free online banking
- Free eStatements
- Nationwide access to over 4,200 branches through Shared Branching
Qualifications
There are no additional qualifications to earn the higher dividends rate. That means you get both great rates every time you meet the My Generations Checking criteria:
- Have 10 debit card purchases post and clear
- Receive and review free paperless estatements each month
- Have at least one monthly direct deposit, ACH auto debit, or bill payment post and clear
See? It's so easy, you're probably already doing it! And if you don't qualify, don't worry—you'll still earn our base dividend rate, and you have the opportunity to get the rewards back the very next month.
*Annual Percentage Yield (APY) accurate as of 5/01/11. No minimum to open account for My Generation Checking or My Generation Savings. The advertised My Generation Checking APY is based on compounding dividends. The dividends earned in My Generation Checking are automatically transferred to My Generation Savings each statement cycle and do not compound. The actual dividends paid may be less than the advertised APY. The My Generation Savings APYs may be less than the My Generation Checking APYs. My Generation Savings rate tiers are as follows: 1.50% APY applies to balances of $0.01 - $15,000 and 0.75% APY applies to balances over $15,000 if qualifications are met during monthly qualification cycle on My Generation Checking. 0.05% APY applies to all balances if qualifications are not met on My Generation Checking. All balances will earn 1.5% APY – 0.75% APY if qualifications are met on My Generation Checking. Qualifying transactions must post and clear My Generation Checking during monthly qualification cycle. Transactions may take one or more banking days from transaction date to post to an account. Intra-bank transfers do not count as qualifying transactions. Rates may change after account is opened. Fees may reduce earnings. Unlimited ATM Fee refunds (My Generation Checking account only) provided only if qualifications are met within monthly qualification cycle.
