Bank5 Connect High-Interest Savings Account

Bank5 Connect Savings Account APY

	$100 & Above
Interest Rate	1.50% APY

Receive 1.50% APY on Bank5 Connect High-Interest Savings Account

Interest is compounded and credited monthly

US$10 to open an account, US$100 to earn interest

Account not available for Massachusetts or Rhode Island residents

ATM card

No maintenance fees

Deposits are 100% insured, even for amounts over the FDIC limit of $250,000 due to Depositors Insurance Fund (DIF) protection - coverage that starts where FDIC coverage ends

$1 per statement, per month fee for Bank5 Connect Savings accounts that receive statements through U.S. Mail. Savings accounts that receive eStatements will not incur a fee

During any calendar month or statement cycle of at least four weeks, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, or by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be charged a $10 fee for each item in excess of the six, and be subject to closure by the financial institution

Click here to go to Bank5 Connect website for more details

About Bank5 Connect

Bank5 Connect is the online division under BankFive, a community bank that is based in Massachusetts and Rhode Island. Citizens5 connect itself does not have any physical branches. Online banking is available via app and website for all customers.

Bank5 Connect can be contacted via live chat and contact form on their website or app. Customers can also contact them via phone on (855) 552-2655 from Mondays to Fridays 7.30am to 5pm ET, Saturdays 7.30am to 3pm ET and Sundays 11am to 3pm ET

BankFive (and all divisions under it including Bank5 Connect) is a member of FDIC which covers the aggregated deposits of a depositor to up to US$250,000. In addition, all deposits above US250,000 are covered under Depositors Insurance Fund (DIF) protection - coverage that starts where FDIC coverage ends