High Interest Savings (Discontinued)
High Interest Savings (No Longer Offered) | 12-20-2024
Balance1 | Interest Rate | APY* |
---|---|---|
$0-$9,999 | 0.50% | 0.50% |
$10,000 or more | 3.93% | 4.00% |
$10,000 or more (new funds)** | 4.17% | 4.25% |
This account is no longer offered as of 10/31/24.
1Minimum Balance to Earn Annual Percentage Yield.
*Annual Percentage Yield. Interest is compounded and credited monthly. All rates are variable and subject to change. Available on consumer memberships only. Limit one High-Interest Savings account per membership. Truth in Savings.
**New Funds tier was discontinued as of 5/1/24. $10,000 must come from an institution other than Rivermark (New Funds) to earn the higher interest rate.
Definition of new funds: To be considered new funds to Rivermark, funds must come from a financial institution other than Rivermark and cannot have been deposited into the Rivermark membership more than 5 business days prior to opening the High-Interest Savings account. Member has 10 business days to deposit new money after account is opened; accounts that do not receive new money will be converted to the lower rate.