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Apple Bank Investment Accounts |
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Gold Savings Accounts |
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Money Market Accounts |
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Time Deposit Account |
Apple Bank Investment Accounts
Your investment needs are unique. At Apple Bank, you can find the right combination of accounts to help you meet your personal investment goals. All offer a competitive interest rate and the protection of Federal Deposit Insurance (FDIC) coverage.
Gold Savings Accounts
The higher your balance, the higher your interest rate!
Our Apple Gold Savings Account is the investment solution when liquidity is important and you maintain substantial funds on deposit. It pays a variable rate of interest that is typically higher than our Savings Account.
A minimum deposit of $1,000 is needed to open a Gold Savings Account and a minimum daily balance of $2,500 to earn interest. Any portion of your account that exceeds $50,000 will earn an even higher rate. The rate is adjusted by Apple Bank to reflect the latest market conditions.
Available in either traditional passbook or statement account formats, you choose!
For current rates on this or any Apple Bank investment product you may visit a local branch, or call us at 1-914-902-2775. Click here for information on opening a new account.
Money Market Accounts
Keep money easily accessible while earning interest.
Our Money Market Account provides higher-balance savers a completely different alternative to fixed term, time deposit investment. Opt to earn competitive interest rates while enjoying complete liquidity on your funds. Interest is paid on a tiered basis, which means the higher your monthly balance, the higher your interest rate. Plus, you can access your funds by writing as many as three checks per month with no charge.
| Money Market Account Features & Options | |
| Minimum to Open | $100 |
| Minimum Daily Balance to Earn Interest and Avoid Monthly Service Charge | $2,500; $10 fee if below |
| Immediate Access To Funds | Yes! Unlimited deposits and withdrawals at any Apple Bank Branch. |
| Check Access to Funds | Yes! Write up to three checks per month with no charge.* |
| Interest Compounded | Daily |
| Interest Credited | Monthly |
| 24-Hour Banking by Phone | Yes! Simply call 1-914-902-2775 for touch tone account access. |
| 24-Hour Banking by ATM | Yes! Use Apple Bank ATMs 24-Hours a Day, 7 days a week at no charge. Ask to see Our Maintenance and Service Charge Brochure for Foreign ATM use fees. |
| Statement Cycle | Monthly. Your statement details all activity including any maintenance and service charges which may effectively reduce the interest earnings. |
*Other transaction limitations may apply. Please refer to the account disclosure.
For current rates on this or any Apple Bank investment product you may visit a local branch, or call us at 1-914-902-2775. Click here for information on opening a new account.
Time Deposit Account
Maximum flexibility because you choose the term...15 days to 10 years!
Apple Bank Time Deposit Accounts (commonly known as CD's) offer you a high-yielding investment option, with a guaranteed fixed-rate to realize your short and long term financial goals. We also offer our Pacesetter '90 Account - an 18-month variable rate CD. Our CD account maturities range from as short as 15 days to as long as 10 years, and are available in either passbook or statement formats. All Time Deposit investment terms are available for IRA/Keogh Accounts in statement format.
With compounding, even your interest earns interest, giving you a greater yield. Or, you can receive an interest check by mail each month or quarter. Or, your interest can be transferred every month or quarter to your Apple Savings, Checking or Money Market Account. As a reminder, you will be notified by mail shortly before your CD's maturity date and provided with options for renewal instruction.
So if you wish to receive a higher rate of return on money you now have in savings or alternative investment accounts, look at the wide-range of high yielding CD's offered at Apple Bank. The minimum investment for most terms is only $500. And remember, there is never a charge to open or maintain your Apple Time Deposit Account. However, there may be a penalty for early withdrawals.
| Time Deposit Account Features & Options | |||
| Time Deposit (15 Days to 10 Years) Fixed Rate |
Time Deposit 18-Month Variable Rate-Pacesetter '90 |
Jumbo Time Deposit (7 Days to 10 Years) Fixed Rate |
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| Minimum to Open | $500 $2500 for 15-31 Day Accounts only |
$500 $100 for IRA, Keogh and Custodial Accounts |
$100,000 |
| Interest Compounded | Daily | Daily | Quarterly |
| Interest Credited | Monthly or Quarterly and at maturity | Monthly and at maturity | Monthly or Quarterly and at maturity |
Click here to find out more on how to borrow against your Time Deposit Account
For current rates on this or any Apple Bank investment product you may visit a local branch, or call us at 1-914-902-2775. Click here for information on opening a new account.
