Accounts made for you
Banking with Carver - It's the right thing to do.
High Yield Savings
Your money can work for you. With a High Yield Savings Account, you'll earn a competitive rate.
- Earn up to 4.00% Annual Percentage Rate
- Carver Bank deposits are insured by the FDIC up to $250,000 per individual and $500,000 per joint account
- Easy sign-up open account in 5 minutes or less
- Interest compounds daily and is deposited into account monthly
- Complimentary e-statements
- Complimentary Visa Debit Card
- Free Online Banking and Mobile Banking
- Access to free ATMs nationwide with J.P. Morgan, Wells Fargo and Allpoint
Terms & Conditions:
- This account can only be opened online. It cannot be opened at a Carver Bank branch.
- To apply online you must be 18 years or older, be a U.S. citizen or resident and have a Social Security Number.
- Minimum opening deposit $5,000.
- Minimum average daily balance to waive monthly maintenance service charge: $5,000.
- Monthly service charge of $5 will be charged if the average daily balance falls below $5,000 in a monthly statement cycle.
- Minimum daily balance falls below $5,000, the rate will adjust to the Carver Savings
- Compounding and Crediting- Interest will be compounded daily and credited monthly.
- Balance Computation Method - The daily balance method to calculate interest will be used, daily periodic rate is applied to the principal plus the accrued interest each day.
Premier Money Market
- $ 5.00
Fee waived with:
- Average monthly balance of $300 or
- Monthly direct deposit of $100, or
- Have at least one repeating automatic transfer of $25 or more from Carver checking each month.
- $10 or Zero
Fee waived with:
- A direct deposit with monthly average balance of $10
- An average monthly balance of $2,000