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Savings & CDs

Money Market

Money Market accounts are a great savings alternative.

Interest earned on Reliabank Money Market accounts is based on tiered account balance levels.


 


Savings Accounts

Savings accounts are great for setting aside cash for big purchases or rainy days. And when you link one to a checking account at Reliabank, you can set up scheduled transfers that will help you get to your savings goals even faster.


Rate Chart

Deposit Type Interest Rate APY

Money Market Savings - Daily balances of:
$2,500.00 - 24,999.99 0.10% 0.10%
$25,000.00 - $74,999.99 0.25% 0.25%
$75,000.00 - 199,999.99 0.30% 0.30%
$200,000 and up 0.45% 0.45%

Savings:
Savings & Super Eagles Club 0.10% 0.10%
Super Eagles Club special rate 0.35% 0.35%
     

APY = Annual Percentage Yield
The interest rate and annual percentage yield may change after account opening
Fees could reduce earnings on the account
All interest rates and annual percentage yields are subject to change without notice
Interest rates and annual percentage yields are current as of 7/12/18.
Minimum opening deposit of $25 for Super Eagles Club
Minimum opening deposit of $50 for personal savings

Transfer the Cents

Build your savings account with every purchase.


Super Eagles Club

Super Eagles Club

It's never too early to begin helping prepare for your child or your grandchild's future.

The Super Eagles Club is a great way for children age 12 and under to have fun while developing good saving habits!

Prizes & Privileges

  • Open an account with $25 and receive a piggy bank
  • Balance reaches $100 receive a free Tote Bag.
  • Balance reaches $200 receive a Super Eagles Club T-Shirt.
  • Balance reaches $300 receive a stuffed Earnie the Eagle.
  • 0.10% Annual Percentage Yield*
  • Receive a special rate of 0.35% apy by having an automatic deposit each month.*

It's Free

  • No monthly service fees associated with this account
  • No minimum balance to maintain

However, we encourage your child to make a habit of saving money on a regular basis. If you wish, we can arrange for monthly transfers to a child's Super Eagles Club account from your checking account. There is no time requirement to receive the bonuses.

How to Join

  • Open a Super Eagles Club account with a minimum deposit of $25.
  • An existing savings account at Reliabank may be converted to the Super Eagles Club with an additional deposit of $25.
  • A parent's signature is also required along with the child's social security number.

*Rate may change after account opening
*APY accurate as of 1/01/17



IRA Savings

You can take advantage of saving for your retirement through the tax benefits of an IRA. To determine which IRA fits your need, please contact any Reliabank location for more details.

Traditional IRA

A traditional IRA is a personal savings plan that gives you tax advantages for saving for retirement.

  • Contributions to a Traditional IRA may be tax deductible – either in whole or in part
  • Earnings and contributions are not taxed until they are distributed

Roth IRA

A Roth IRA is a personal savings plan but operates somewhat in reverse compared to a Traditional IRA.

  • Contributions are not tax deductible
  • Distributions (including earnings) are not included in income and therefore are tax-free after a five-year waiting period and reaching age 59 1/2.

SEP IRA

SEP IRA stands for Simplified Employee Pension IRA. It's a tax-deferred retirement plan for small business owners. An employer makes deductible contributions directly to each eligible employee's Traditional IRA. Even if you do not employ anyone, you are still eligible to contribute to a SEP IRA.

  • Minimal paperwork and reporting
  • An employer can make discretionary annual contributions
  • Deductible employer contributions are made directly to employees' IRAs


Health Savings Account

A Health Savings Account (HSA) is an account that you can put money into to save for future medical expenses. There are certain advantages to putting money into these accounts, including favorable tax treatment.

To be used in conjunction with a qualified "high deductible health Plan."

Contributions to your HSA can be made by you, your employer, or both. However, the total contributions are limited annually.

For additional information about Health Savings Accounts, please call or visit your nearest Reliabank location.



Certificates of Deposit

CDs offer a safe and secure investment option for your excess funds. We can help you set up the best strategy to keep your funds secure, yet flexible through a variety of time periods and rates.

Contact your local Reliabank to find out our current available rates


Certificates Of Deposit Online Application

Apply for your CD Account Online Today!