Money Market

Our Money Market accounts pay competitive interest while providing access to your funds anytime. When you maintain higher balances, you receive a higher premium rate, comparable to many certificates of deposit, with the convenience of a checking account.  Money Market Rates

Savings

True financial independence comes to those who save. And when you save with Carver, you have the satisfaction of knowing your money is being invested back into the community. Carver provides you with a variety of products to help you achieve your financial goals -- whether you are saving for your children's education, a new home, a new car, a great vacation, or a special dream of your own. We offer a variety of savings options with competitive rates including accounts with variable interest rates that are accessible daily and offer the security of FDIC insurance. Our savings account options include:

Statement Savings

Open an account with a minimum of $50, and enjoy a variable interest rate with as little as a $300 minimum daily balance. Use your ATM card to withdraw cash from your savings account at ATM locations. We will send you a monthly statement to keep track of your savings. Savings Rates

Kids Bank On Us Too

It's never too early to get in the habit of saving. Carver helps parents teach their children to develop good saving habits by opening interest-bearing savings accounts with as little as $10. Best of all, there is no monthly fee. Savings Rates

Holiday/Vacation Club Savings

These accounts are perfect, if you want to budget and build your savings for the holiday season or save toward a dream vacation. There is no monthly fee, with a $10 minimum opening balance. $25 daily minimum required to earn interest. Savings Rates

Certificate of Deposit Accounts

If you don't need immediate access to your money, and want it to grow at a guaranteed interest rate, choose a term ranging from three months to five years for a Certificate of Deposit (CD). Regardless of the term you choose, you will always enjoy competitive CD rates at Carver. CD Rates

Individual Retirement Accounts

If you're planning for retirement, Carver offers Certificate of Deposit Individual Retirement Accounts (IRAs) from nine months to five years. Individual Retirement Accounts provide income tax advantages to individuals saving money for the purpose of retirement. You can invest money in an IRA, up to the limits allowed by tax law. The contributions, as well as the earnings and gains from these contributions, accumulate tax-free until the money is withdrawn. So enjoy your ability to generate additional earnings, in a tax-sheltered environment, for each year that the funds remain in the account. (Consult your tax advisor.) IRA/CD Rates