High Yield Savings
Reach financial goals faster while maintaining access to your funds.
Similar to a money market, our High Yield Savings account provides a high rate of return and easy access to your funds.
Key Benefits
- Higher interest rates than traditional savings - Earn more than 7x the national average savings rate*.
- Grow your money while maintaining access to your funds
- No monthly fees
- No limit on monthly transactions
- Manage money 24/7 with online, mobile, and telephone banking
- Easily transfer money between Brentwood Bank savings and checking accounts
- Easy 24/7 access to funds through hundreds of surcharge-free ATMs
* Based on information from the FDIC's National Rates and Rate Caps data as of May 20, 2024. For more information visit the FDIC Bankers Resource Center.
Ready to open an account?
Schedule an Appointment
Details
- 3.55% APY (Annual Percentage Yield) on balances up to $999,999
- $10,000 in new money required to open
Savings Rates
| Account Name | Minimum to Open | Minimum Daily Balance to Earn Interest | APY1 |
|---|---|---|---|
| Account Name High Yield Savings |
Minimum to Open $10,0002 |
Minimum Daily Balance to Earn Interest $10,000 - $999,999 |
APY1 3.55% |
| Account Name Statement Savings |
Minimum to Open $50 |
Minimum Daily Balance to Earn Interest $250 |
APY1 0.05% |
| Account Name Interest Rewards Saver3,4 |
Minimum to Open $50 |
Minimum Daily Balance to Earn Interest $0 - $50,000 |
APY1 2.53% |
| Account Name PassCard Savings |
Minimum to Open $50 |
Minimum Daily Balance to Earn Interest $250 |
APY1 0.05% |
| Account Name Holiday Club Savings |
Minimum to Open $50 |
Minimum Daily Balance to Earn Interest $250 |
APY1 0.05% |
| Account Name Kids Looney Tunes Savings Club |
Minimum to Open $1 |
Minimum Daily Balance to Earn Interest $50 |
APY1 0.05% |
Ways To Open an Account
Opening an account is simple
1
Make an appointment at a branch near you
Schedule an Appointment2
Visit a branch
Stop by one of our branches near you.
Fees may reduce earnings.
1 Annual Percentage Yields (APY) are based upon daily balance.
2 Requires $10,000 in new money not currently on deposit at Brentwood Bank. Balances between $10,000 and $999,999 earn 3.55% APY and balances of $1,000,000 or greater earn 1.76% APY on the portion of the balance that exceeds $999,999, resulting in a range from 3.55% to 2.37%, depending on the account's balance. You must maintain $10,000 in the account each day to obtain the disclosed annual percentage yield.
3 To earn rewards, simply perform the following activities and transactions in your Interest Rewards Checking account each monthly qualification cycle:
- Have at least 12 debit card purchases (each in the amount of at least $5.00) post and settle to your account.
- Be enrolled in online banking, and be enrolled in and agree to receive eStatements.
4 Must have Interest Rewards Checking or Cash Back Rewards Checking to enroll in Interest Rewards Saver.