Personal Savings Account

Grow your savings with our account

specifically tailored to support your financial goals

Savings

Eligibility: Any individual
Minimum Opening Deposit: $100
Monthly Maintenance Fees: $5.
No monthly maintenance fee with an average daily balance of $300 or more.
Interest Features: Variable tiered rate². Interest will be compounded and credited monthly.

High Yield Savings

Eligibility: Any individual
Minimum Opening Deposit: $10,000
Monthly Maintenance Fees: $5.
No monthly maintenance fee with an average daily balance of $500 or more.
Interest Features: Variable tiered rate². Interest will be compounded and credited monthly.

Children's Passbook Savings¹

Eligibility: Any individual under age of 18
Minimum Opening Deposit: $10
Monthly Maintenance Fees: None
Interest Features: Variable tiered rate². Interest will be compounded and credited monthly.

elite savings - New York region

Eligibility: Any individual in New York region age 62 or older; any individual in New York region age of 18 or older with valid student ID.
Minimum Opening Deposit: $100
Monthly Maintenance Fees: $5.
No monthly maintenance fee with an average daily balance of $100 or more.
Interest Features: Variable tiered rate². Interest will be compounded and credited monthly.

24/7 Online and Mobile Banking³ Convenient digital banking services including check balance, transfer money, bill pay and check deposit.	Easy and Convenient Access Surcharge-free withdrawals at Royal Business Bank’s proprietary ATMs and any Citi Bank’s domestic ATMs (exclusions may apply⁴)
Smart Security Protect money and information with fraud monitoring, overdraft protection, multiple authentication checks, and early warning system for suspicious activities.	FDIC Insured All deposits are FDIC insured and protected for up to $250,000 per depositor for each ownership category.

For more information or to apply, please visit any of our local branches today.

¹Children’s Passbook Savings is only available at selected region and branches.

²Royal Business Bank uses variable interest rates for checking, money market, and savings accounts, the interest rate and annual percentage yield (APY) for your account dependable upon the applicable rate tier. The interest rate and APY for these tiers may change at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). To obtain the disclosed annual percentage yield, you must maintain a minimum average daily balance (ADB) required by the type of account. We use the ADB method to calculate interest on your account. If you close your account before interest is credited, you will not receive the accrued interest.

³To access online or mobile banking, you must first enroll in our online banking services by visiting our branches. Internet, text and wireless data fees may apply depending on your plan, and Royal Business Bank charges no fees for our online and mobile banking services.

⁴Exclusion may apply to Chicago region.