Rate Table
| Balance
| APY
|
|
$1
- 99,999
|
0.65%
|
|
$100,000
+
|
0.70%
|
Rates are for zip code 02142 change zip
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ShoreBank, the bank that offers this account, failed on August 20, 2010 and all deposits have been transferred to a new bank that is temporarily being called ShoreBank, but will be called Urban Partnership Bank in the near future. This account is still being offered by the new bank as an online-only account. Money deposited in this account is FDIC insured up to $250,000 per depositor.
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$1 To Open
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No Monthly Fee
- Online Banking - view account balances and see transactions online
- Online ACHs - transfer money online to and from another bank
- Online Statements - choose to get monthly statements online or by mail
- Joint Accounts - share this account with a spouse, child, or additional person
- No Hard Inquiry - avoid hurting your credit score when you apply
- No Bank Card - No ATM or Debit card is provided with this account
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This account limits online ACH withdrawals
- $100,000/trans
- $100,000/day
- $300,000/month
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This account limits online ACH deposits
- $100,000/trans
- $100,000/day
- $300,000/month
- This account allows ACH deposits and withdrawals initiated by another bank
- Receiving statements by mail is only available for a $10.00/month fee
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Only individuals are eligible for the ShoreBank Direct High-Yield Savings Account
- Apply Online -
Bank Website
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http://shorebankdirect.sbk.com/
