Savings Accounts

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.

High Yield Savings

Need your money working as hard as you do? Consider a High Yield Online Savings account.

Earn up to 4.00% Annual Percentage Yield
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

Premier Money Market

You deserve and account that rewards your banking partnership with higher interest rates than a traditional savings account.

Earn Higher Interest Rates Compared to Traditional Savings Accounts
Enjoy Monthly Interest Deposits for Ongoing Growth
No Limitations on Transactions, Giving You Financial Freedom

Carver Savings Account

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: $ 6.00
Fee waived with: Average monthly balance of $500
Online Account Opening

Relationship Savings

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
Online Account Opening

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 4.00% Annual Percentage Yield
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
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

Maximize my Savings

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 $6 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.

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

Online Account Opening

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