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Online Savings
Savings

Online Savings

A powerful savings account1 with no monthly maintenance fees to help you kick-start your savings.

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Product details
Monthly maintenance fee
$0
You earn
0.40% APY2

 

  • You'll get free Online and Mobile Banking3 with state-of-the-art features like Touch ID® login and mobile check deposit
  • No monthly maintenance fee
  • Low minimum opening deposit4

1 This account can only be opened online. It cannot be opened at an Amalgamated Bank branch. No ATM card is available on this account.

2 APY means Annual Percentage Yield. Rates effective as of May 27, 2020. This is a variable rate account. The promotional APY is available for the first six (6) months (182 days) from account opening on the entire balance, and is subject to change after the six (6) months (182 days) at the bank’s discretion. Promotional rate offer may be changed or withdrawn at any time without notice. Fees may reduce earnings. All other terms and conditions for the Online Savings account apply.

3 Your mobile carrier's message and data rates may apply.

$100 minimum opening deposit.

All accounts are subject to the bank’s Account Opening Disclosures.

For a complete list of fees, click here to view the Fee Schedule.

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Putting our mission into action

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The light at the end of the pandemic tunnel has gotten a little brighter recently, especially as the number of U.S. COVID-related hospitalizations continues to dwindle and the number of fully vaccinated people in the country reaches nearly 40% of the population.1

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As America’s socially responsible bank, committed to providing financial services and advocating for economic justice for all, we recognize the struggle that many communities face when it comes to accessing banking services.

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Officially one year into the COVID-19 pandemic and erratic state-by-state lockdowns, we continue to question what a “new normal” will look like for our country. We know that a return to old ways of doing business isn’t viable for the health of our planet and communities and that we have a responsibility to radically reimagine how we do business.