Savings Account
A savings account is designed to help you grow your money over time while keeping it safe and accessible. It's the perfect place to build your emergency fund, save for future goals, or earn interest on your deposits.
Common Uses
- Building an emergency fund
- Saving for major purchases
- Planning for future expenses
- Earning interest on deposits
- Long-term financial goals
Key Benefits
- Earn competitive interest rates
- FDIC insurance protection
- Separate from spending money
- Automatic savings options
- Online account management
Account Summary
Account Summary
Account Number: ****5678
Current Balance: $10,000.00
Interest Rate: 3.5% APY
Interest Earned YTD: $175.00
Quick Actions
Interest Details
Monthly Interest
$29.17
Annual Interest
$350.00
Interest Calculation
Interest is calculated daily and paid monthly. The current APY of 3.5% is based on a minimum balance of $1,000.