Acceleration Savings

A savings account with exclusive availability for our Acceleration Checking clients.

Earn Interest

Earn up to 0.10%* APY when you qualify.

Money Growing
ATM Fee Refunds

No minimum balance

An account that requires nothing to start and nothing to maintain.

We save for you

Your interest from your Acceleration Checking account, is automatically deposited in your Acceleration Savings account.

Money Growing
ATM Fee Refunds

To Qualify

  • Perform 12 debit card purchases monthly in Acceleration Checking
  • Establish monthly direct deposits in Acceleration Checking
  • Choose eStatements for Acceleration Checking

Acceleration Savings also includes these great features

  • Online Banking
  • CIBM Bank Application
  • eStatements
  • Telephone Banking
  • Transaction limits apply
Minimum Opening Balance $0
Minimum Monthly Balance $0
Monthly Service Fee $0

*Annual Percentage Yield (APY) accurate as of 12/6/21. Variable rate accounts and interest rates are subject to change. Fees may reduce earnings. Accounts closed within 6 months of opening date are subject to a $25.00 early closing fee. Limit one Acceleration Checking and Acceleration Savings account per primary social security number. Acceleration Checking: Minimum balance to open account $100.00. Customer must initiate set up of e-statements through online banking, establish a monthly direct deposit and perform 12 debit card purchases each month to qualify and receive tiered rates and ATM surcharge refunds up to $12. Transactions may take one or more business days from the date transaction was made to post and clear the account. Checking account balances of $0.00-$10,000.00 (.50% APY); $10,000.01 and above (.01% APY). If qualifications are not met, all funds in checking account earn .01% APY. If Acceleration Savings is also opened, interest earned on Acceleration Checking is automatically transferred to Acceleration Savings and then compounds at Acceleration Savings rates. Acceleration Savings: Account can only be opened in conjunction with Acceleration Checking account. Savings account balances of $0.00-$10,000.00 (.10% APY); $10,000.01 and above (.01% APY). If qualifications of Acceleration Checking account are not met during the month, all funds in Savings account earn .01% APY. Connectivity and data usage rates from your wireless service provider may apply.