Accounts made for you

While you're helping other's dreams come true, save some for yourself!

We offer 4 unique savings accounts tailored to your needs.

Need your money working as hard as you do? Consider a High Yield Online Savings account. You’ll earn a competitive rate while your money works for you.  Grow your money with Carver while keeping safety in mind.

Here's why it pays to save:

  • Earn up to 4.70% Annual Percentage Yield
    • The more you deposit, the higher your annual percentage yield
    • $5,000-$$100,000 - 4.50% APY
    • $100,000-$250,000 - 4.60% APY
    • Over $250,000 - 4.70% APY
  • 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 
  • Zelle
  • 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.
You deserve and account that rewards your banking partnership with higher interest rates than a traditional savings account.

What You Get When You Open an Account With Carver Bank
  • Earn Higher Interest Rates Compared to Traditional Savings Accounts
  • Enjoy Monthly Interest Deposits for Ongoing Growth
  • No Limitations on Transactions, Giving You Financial Freedom
  • Access Carver's User-Friendly Online and Mobile Banking Platform, Including Convenient Bill Pay and Mobile Check Deposit
  • Simplify Your Financial Management with Complimentary Personal Financial Tools via Digital Banking
  • Go Paperless with Complimentary E-Statements for Easy Record-Keeping
  • Convenient Spending Made Possible with a Complimentary Visa Debit Card

Plus, enjoy flexible accessibility to your funds whenever you need them! 

Monthly Fee
  • $25 or Zero
Fee waived with:
  • An average daily balance of $25,000

Hassle-free savings account designed for maximum growth. Saving with Carver Bank is that simple. In return you get a user-friendly features, minimal fees, and straightforward requirements. 

Monthly Fee
  • $ 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.
Lay the  groundwork for a prosperous financial future with a Relationship savings account. Experience flexible access, advanced technology, personalized tools, nationwide ATM convenience, enhanced security, and exceptional service.

Monthly Fee:
  • $10 or Zero
Fee waived with:
  • A direct deposit with monthly average balance of $10
  • An average monthly balance of $2,000