RITE SavingsSimplify saving—add this free account to your free RITE Interest or RITE Rewards Checking. When you earn rewards in your RITE Interest or RITE Rewards Checking account, you can build your savings with your RITE Savings—that pays up to 0.25% APY* every month!Learn More
- Must be linked to a RITE Interest or RITE Rewards Checking account
- 0.25% APY* on balances up to $50,000
- 0.25% to 0.15% APY on balances over $50,000 depending on balance in account*
- 0.02% APY* if qualifications are not met in RITE Interest or RITE Rewards Checking account
- No minimum balance to earn rewards
- No monthly service fee
- Free online banking
- Free mobile banking including mobile deposits
- Free Debit/ATM card available with no annual fee
- Free eStatements
- $25 minimum deposit to open
How to Earn Your Rewards (It’s Easy!)
Qualifying for your RITE Interest or RITE Rewards Checking account automatically qualifies you for the highest RITE Savings rate, too.* To earn your rewards, just do the following transactions and activities in your RITE Interest or RITE Rewards Checking account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or automatic payment (ACH) transaction post and settle
- If you have a RITE Interest Checking account, have at least 10 debit card purchases post and settle
- If you have a RITE Rewards Checking account, have at least 12 debit card purchases post and settle
- Be enrolled in, receive, and review eStatements
If you don’t meet these qualifications, your accounts are still free.
Plus, you’ll earn our base rate in RITE Interest Checking, RITE Rewards Checking, and RITE Savings, and you can get right back to earning your full rewards the very next cycle that you qualify.
*APY=Annual Percentage Yield. APYs are accurate as of August 04, 2021. Variable rate account. Interest rates are determined at the Bank’s discretion and are subject to change at any time. Minimum to open account is $25. No minimum balance required to keep account open; however, if your account balance is $0.00 or less for 60 consecutive days your account will be closed. No monthly service fee and no minimum balance required to earn rewards. RITE Savings account must be combined with a RITE Interest Checking account or a RITE Rewards Checking account and the associated checking account must meet its monthly qualifications in order for the RITE Savings account to receive the higher savings rates.
If qualifications in the RITE Interest or RITE Rewards Checking accounts are met each monthly qualification cycle: (1) balances from $.01 up to $50,000 in RITE Savings account earn an interest rate and APY of 0.25%; and (2) balances over $50,000 in RITE Savings account earn 0.10% interest rate on portion of balance over $50,000, resulting in 0.25% – 0.15% APY depending on balance in account. If qualifications are not met on RITE Interest or RITE Rewards Checking accounts, all balances in RITE Savings account earn an interest rate and APY of 0.02%.
Please refer to RITE Interest Checking or RITE Rewards Checking for a description of the monthly qualification requirements. If the associated checking account is closed, the RITE Savings account will revert to a Statement Savings account. Available as a personal account only.
Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF).
Statement SavingsThis savings account offers interest, security, liquidity and access. You receive an easy to read monthly statement and an ATM card.Learn More
- Receive eStatements or monthly statements
- Minimum to open $10
- ATM card available
- Electronic transfer capabilities
Holiday Savings PlanOur Holiday Savings Plan is designed to help you save up for the holidays…a time of the year when money is needed most.Learn More
Like our Statement Savings Account, a Holiday Savings Plan earns interest; but this account is designed for you to save for the holidays. At the end of the term, we’ll mail you a check for the balance plus any interest earned on the account.
- Account can be opened at any time
- Statement mailed quarterly to track your progress
- Minimum to open $10
- No monthly fees
- No minimum daily balance
- A check for the balance with interest earned is mailed to you in October
- Automatic deposits can help you save even more
- Electronic transfer capabilities
You may also be interested in our CDs.
Moola SavingsMore than just a piggy bank! Kids can start their own savings account with as little as $5. They’ll earn interest plus points for cool prizes.Learn More
Teach your kids the importance of saving at a young age while we reward them with points through Moola’s Kids Club.
- $5 minimum to open
- Higher interest rate on balances $500 or below*
- Passbook account
- Earn points to trade in for fun stuff!
- Get your very own membership card
- Invitations to special events
- Newsletters
How to earn points!
Earn 1 point:
- Each deposit you make
- Filling out your own deposit slip
- When your account reaches $100 for the 1st time
- On your birthday
Earn 2 points:
- When your account reaches $200 for the 1st time
Earn 3 points
- When you bring in your report card to show us
- When your account reaches $300 for the 1st time
- When you open your account
Earn 4 points
- When your account reaches $400 for the 1st time
- When you refer a friend or family member to open a Moola Savings Account
Earn 5 points
- When your account reaches $500 for the 1st time
Redeem your points!
3 Point Prizes:
- Moola Pencil
- Piggy Bank
- Coloring book & crayons
5 Point Prizes
- Moola Magnet
- Frisbee
10 Point Prizes
- Moola Lunch Box
- Moola Mug
15 Point Prizes
- $5 Dunkin Donuts gift card
25 Point Prizes
- Moola Color Your Own T-Shirt
- Movie Pass
- $10 iTunes Gift Card
50 Point Prizes
- Power Phone Accessory Kit
Personal Money MarketLooking for the advantages of a Money Market?Learn More
Our Personal Money Market Account combines convenience and value.
- Higher balances earn higher rates
- Receive eStatements or monthly statements
- Minimum to open $25
- No monthly fees
- No minimum daily balance
- ATM card available
- Electronic transfer capabilities
Signature Money MarketWith this account, you can keep your money liquid and enjoy the benefits of high interest rates. The higher the balance, the more you earn.Learn More
- Higher balances earn higher rates
- Receive eStatements or monthly statements
- Minimum to open $1,000
- No monthly fees
- No minimum daily balance
- ATM card available
- Electronic transfer capabilities
