Jumbo Savings 5.10% APY*
Earn 5.10% APY* on balances of $25,000 and up, plus 100% insurance on every penny.
Get rewarded for your large sum deposits. A Bank5 Connect Jumbo Savings account provides you with a top-of-market APY* and the peace of mind that every single penny in your account is protected in full - even past FDIC limits. Plus, you'll enjoy all the benefits of our regular High-Interest Savings account, including:
- Manage your account whenever and wherever you'd like, with Online Banking and the Bank5 Connect mobile app
- 100% deposit insurance with a combination of FDIC and DIF coverage
- Customer support the way you want it - you can reach our reps by chat, phone, or video
- With our Early Deposit feature, you can set up your direct deposit so a portion of your paycheck goes directly into your Jumbo Savings account - up to 2 days early!
*APY – Annual percentage yield. Rate may change after account is opened. Fees may reduce earnings. Minimum deposit of $25,000 required to open account. Minimum balance of $25,000 required to obtain APY. Rate effective 4/27/2024.
eStatements notice – There is a $1 per statement, per month fee for Bank5 Connect savings accounts that receive statements through U.S. Mail. Savings accounts that receive eStatements will not incur a fee.
The Benefits of a Bank5 Connect Jumbo Savings Account
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High-Yield Savings
Earn an extremely competitive APY* on qualifying balances.
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No Maintenance Fees
Keep what you make without monthly maintenance fees.
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Overdraft Coverage
Link your Jumbo Savings account to a Bank5 Connect High-Interest Checking account to cover accidental overdrafts.
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Unlimited Protection
Your deposits are 100% insured, even for amounts over the standard FDIC limit of $250,000 per depositor.
Questions? Browse our FAQs to learn more.