Our Statement Savings Accounts
Statement savings accounts at UmbrellaBank.com are a great way to start your savings portfolio, because a low minimum deposit is required. Your funds are always available while earning a higher return than a typical interest-bearing checking account.
Important Notes
- Minimum balance necessary to obtain annual percentage yield is $500
- The minimum deposit to open an UmbrellaBank.com savings account is $500
- The interest rates and other terms offered on this website are available ONLY for accounts processed through this website
- Withdrawal will reduce earnings
- Fees may reduce yield
- Rates may change after account is opened
- Interest is compounded quarterly
- All rates subject to change daily
- To ensure that the greatest number of customers can benefit from our high rates, UmbrellaBank.com limits aggregate deposit balances to $1 million per tax identification number