Statement Savings

Open Account View Rates

Make a statement with your savings.

We're committed to helping our Massachusetts and Rhode Island neighbors reach their savings goals, and our Statement Savings account is a great place to start. No matter what you're building toward, this account can help you get there. With convenient in-branch and online access, you can make deposits with ease and watch your savings grow!

Strengthen your financial foundation:

$100 minimum balance to earn interest
Avoid the $1 monthly maintenance fee with just a $10 minimum balance
Free access to Online Banking and Mobile Banking
- Make unlimited mobile and in-branch deposits
Use this account as overdraft protection on any BankFive checking account

Savings Resources

February 23 2024

Marissa Scott —

Money Management

9 Ways to Make the Most out of Your Tax Refund

While it might seem tempting to blow your tax refund on a special item or outing, it can have a much bigger impact on helping you reach your financial goals.

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March 13 2023

Marissa Scott —

Saving

How Safe Are My Bank Deposits?

What happens to your money if your bank goes under? No need to worry at BankFive, where a combination of FDIC and DIF coverage keep your deposits 100% protected.

Read Full Article