Personal Savings
Peace of Mind Through Financial Security
MetroBank offers you a variety of great solutions for building your financial future, and saving securely for life’s special moments. MetroBank offers you many ways to grow your money and ensure your capital is working the hardest it can for you, and your loved ones.
Statement Savings Account * **
Start saving today, for tomorrow’s unplanned expenses and special purchases, with a MetroBank safe and convenient Statement Savings Account.
- Interest compounded quarterly, payable quarterly; no interest is paid if the account is closed before the interest is credited. Interest is computed on the average daily balance of $50.00 or more, which is required in order to obtain the annual percentage yield (APY) disclosed**
- Minimum balance to open an account is $200.00
- Six free transfers per quarterly statement cycle or two free transfers per monthly statement cycle. No more than three by point of sale or similar order to third parties. Should transfers exceed the six per quarter or two per statement cycle, the account may be reclassified or closed
- If average collected balance is below $5,000.00, withdrawals in excess of the six free transfers per quarterly statement cycle or two free transfers per monthly statement cycle, will be charged per withdrawal (see Service Charges and Fee Schedule section)
- No monthly service fee
- Free online banking
* Interest begins to accrue on the business day you deposit non-cash items (for example, checks)
** The interest rate and Annual Percentage Yield (APY) may change at any time.
