Statement Savings
With Statement Savings, you can save at your own pace. Earn interest based on current market returns, and have convenient ATM access to your savings.
| Type | Interest Rate | APY* | Minimum Balance to Obtain APY* | Additional Info |
|---|---|---|---|---|
| $1.00 to $9,999.99 | 0.250 | 0.250 | $1 | Sav - Compounded Daily |
| $10,000 to $24,999.99 | 0.350 | 0.350 | $10000 | Sav - Compounded Daily |
| $25,000 to $49,999.99 | 0.450 | 0.450 | $25000 | Sav - Compounded Daily |
| $50,000 to 99,999.99 | 0.550 | 0.550 | $50000 | Sav - Compounded Daily |
| $100,000 or $499,999.99 | 0.600 | 0.600 | $100000 | Sav - Compounded Daily |
| $500,000 or More | 0.600 | 0.600 | $500000 | Sav - Compounded Daily |
All rates are subject to change without notice. Fees may reduce earnings on the account.
Regular Savings & Super Savings Accounts
A savings account is one of the essential building blocks of a solid financial foundation. It allows for immediate access to your money, and is protected by FDIC insurance. At the Bogota Savings Bank, we offer a savings account that can help you meet your goals no matter what they might be. Fees may reduce earnings on the account.
| Type | Interest Rate | APY* | Minimum Balance to Obtain APY* | Additional Info |
|---|---|---|---|---|
| Regular Passbook Savings | 0.250 | 0.250 | $100 | $25 to receive interest, Compounded Daily - Interest Posted Monthly |
| Super Savings | 0.300 | 0.300 | $2500 | Compounded Daily - Interest Posted Monthly |
All rates are subject to change without notice.
Holiday Clubs
The Holiday Club Account may be the perfect way for you to save for holiday expenses. Through regular deposits, you will save systematically and painlessly. Funds are automatically mailed to you by mid-October of each year, allowing you plenty of time to shop for gifts or plan a winter vacation. Fees may reduce earnings on the account.
| Type | Interest Rate | APY* | Minimum Balance to Obtain APY* | Additional Info |
|---|---|---|---|---|
| Holiday Club Account | 0.300 | 0.300 | $5, $10, $20, $30, $50 clubs available. Compounded Daily | |
| Bogota Kids Club Account | 0.300 | 0.300 | $5 | Small dep. accepted, Free gifts for all dep., ID cards and more. Compounded Daily |
All rates are subject to change without notice.
*Annual Percentage Yield
