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High-Yield Savings Account

At Rising Bank, our experts know how important it is that you’re prepared for life’s surprises. Build your financial cushion with Rising Bank. Our High-Yield Savings Account offers a rate higher than traditional savings accounts. You’ll earn more for your money and have the ability to easily access your funds when you need to. It’s a smart way to save for personal travel, emergencies, and other foreseen and unforeseen future expenses. See some of the benefits you’ll receive when you open an online High-Yield Savings Account with us!

WHAT YOU GET WITH OUR HIGH-YIELD SAVINGS ACCOUNT

Top tier savings rate

Our High-Yield Savings Account offers one of the highest savings rates in the industry, giving you the opportunity to grow your savings balance faster than with a traditional savings account with only a $1,000 minimum opening deposit. Whether you’re starting with a minimum deposit or building up toward a long-term savings goal, our higher interest rate and annual percentage yield ensure your money is working harder for you while saving compared to a regular savings account.

Convenient online and mobile tools

Manage your savings account anytime, anywhere with our robust digital banking platform. From online banking to mobile banking, you can easily track your savings balance, make a direct deposit, or even deposit checks directly from your phone. Our tools make banking simple and accessible, giving you full control over your deposit account and ensuring a seamless experience!

Best-in-class customer service

At Rising Bank, our customers come first. We are committed to delivering best-in-class customer service, whether you need assistance with account opening, understanding our savings rates, or navigating through our digital banking tools, such as a direct deposit through our mobile banking app. As an experienced financial institution, our experts are here to help you achieve your savings goals with a personalized touch! We are here to ensure that your experience with us is positive and that all your questions are answered quickly and thoroughly.

Deposit is insured by FDIC

Your online bank account at Rising Bank is protected with FDIC insurance, giving you peace of mind that your money is safe and secure. Every deposit made into your High Yield Savings is insured up to the maximum limits set by the government.


Minimum Opening Deposit:
$1,000
Rate:
4.41%
APY:
4.50%
Minimum Balance to Earn APY:
$1,000
Interest Credited:
Monthly
FDIC Insured:
Yes
Account Maximum:
$500,000

*Annual percentage yield (APY) effective 12/21/2024. Restrictions may apply. Rates subject to change without notice. Fees may reduce earnings.

FREQUENTLY ASKED QUESTIONS

While we here at Rising Bank hope to partner with you to secure and grow your financial future, we know that everyone’s financial journey is different.

If you wish to close your Rising Bank High-Yield Savings Account, simply send us a secure message from your Rising Bank online account or contact us via phone. Additionally, your Rising Bank account will automatically close at a $0 balance.

There is no fee to close a Rising Bank account after 120 days of the account being opened. For more information, see here: https://www.risingbank.com/disclosures.

Looking to open a different type of account?

Contact us or fill out the Online Application to open your checking account today. We also offer High-Yield Savings as well as various Certificate of Deposit (CD) options to meet your needs.

Opening a High-Yield Savings Account is easy, secure, and takes just a few minutes!

Open an account to begin banking with confidence at Rising Bank. In no time, you’ll be enjoying exceptional online banking and customer-first service and earning more for your money.

Keep tabs on your accounts with Online Banking!

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WHY WE RISE ABOVE THE COMPETITION

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Questions? Concerns? Our financial experts are standing by to provide you with the personalized service you deserve.

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Rising Bank is designed to make your banking experience as positive and secure as possible.