Extra Savings Account
Perfect for that special occasion or purchase in your future. Reach your goal even faster by designating a certain amount from your paycheck to be directly deposited to your savings each month. An Extra Savings account is a great way to finance a once-in-a-lifetime vacation, a perfect wedding, your dream kitchen—whatever you're saving for—without adding a dime to your credit card debt.
- Summary
- No minimum balance and no monthly fee
- Name your account to keep you motivated
- Only $5 required to open
- Free Mobile Banking, Online Banking, Bill Pay and eStatements
- Free, simple direct deposit distribution
- Can be set up as overdraft protection on most Salal checking accounts
- Have as many Salal Extra Savings accounts as you have reasons to save
- Insured up to $250,000
See our current rates and disclosure information.
| Account | Tiers | Interest Rate | APY* | Minimum Balance |
|---|---|---|---|---|
| Extra Savings | $100 - $2,499 | 0.05% | 0.05% | None |
| $2,500 - $9,999 | 0.05% | 0.05% | None | |
| $10,000 - $24,999 | 0.08% | 0.08% | None | |
| $25,000 - $49,999 | 0.08% | 0.08% | None | |
| $50,000 - $99,999 | 0.10% | 0.10% | None | |
| $100,000 + | 0.20% | 0.20% | None |
*APY = Annual Percentage Yield
