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Content: Effective September 18, 2019
Certificates of Deposit
The APY is the Annual Percentage Yield, which is based on interest compounded daily. Fees may reduce earnings on your account (see Fee Schedule for details). Rates on Checking and Savings products are subject to change at Spring Bank’s discretion. Rates on Certificates of Deposits are fixed at opening. Early withdrawal penalties apply. No interest will be paid on balances below the stated minimum to open, except IOLA (no minimum) and Savings. Savings accounts may be opened with $25, but the minimum to pay interest is $100. All accounts are FDIC insured.
We don’t take it lightly that you trust us with your money. In fact, the best part about working here is getting to know our customers and their families. You’ll soon find out that you are far from a number here. On the contrary, you become part of the Spring Bank Family. We can’t wait to get to know you.
Schedule an Appointment
Ready to grow with us? Talk to one of our account managers about our Commercial Lending Products today to see how we can help you. Use the following form to schedule an appointment:
Do you have any questions? Visit a location or call us at (718) 879-5000.