Basic Savings

Whether it's to save for a big purchase or the "just in case" emergency fund, a savings account is the essential financial planning tool. This low minimum account makes earning interest easy.

Summary

• $5 quarterly service charge waived with daily balance of $100+
• Only $100 minimum deposit to open (no minimum thereafter)
• Interest compounded daily, paid quarterly
• Free online banking
• Free eStatements
• Can be used as overdraft protection on a Seattle Bank checking account
• Accepts direct deposit or auto transfer from another account
• Unlimited in-person withdrawals
• Limited to six pre-authorized or electronic transfers per month (includes online banking and telephone transfers); additional withdrawals are $3 each
• FDIC insured