2.55% APY - Rate Guaranteed for 3 months

Earn more on your savings with northpointe bank

Open account learn more
 

*Annual Percentage Yield effective 06/28/19. After the three (3) month promotional period, the rate may change based on prevailing market rates. Promotional interest rate applies to consumer accounts only with balances between $25,000.00 - $1,000,000.00. Rates are subject to change without notice. Tier 1 $0.00 – $24,999.99: 1.12% APY; Tier 2 $25,000.00 -$1,000,000.00: 2.55% APY; Tier 34 $1,000,000.01+: 1.12% APY. Fees may reduce earnings on the account. All new accounts are subject to Northpointe Bank approval. Not valid with any other offers.

Estimate how much you could earn in three months


Earn 25x the national average on your savings!

*25x the national savings rate based on a bankrate.com survey completed 5/24/19. Graph above based on a $100,000.00 account balance per year. National average bank and credit union rates based on data extracted by NCUA from S&P Global Market Intelligence databases on 5/24/19


Features + Benefits

Great rate Mobile check deposit 100% US Based customer service

More bucks for your bank

Above example based on a $100,000.00 account balance per year. Competitor rates based on a bankrate.com survey  completed on 5/24/19 for 49546 zip code.

Frequently asked questions

1. Are you FDIC insured?

Yes, Northpointe Bank is FDIC insured. Our FDIC number is #34953.

2. Does the rate apply to the full balance or just the amount over $25,000?

The 2.55% APY applies to the full balance if the balance is between $25,000 - $1,000,000.

3. How can I move money in and out of the account?

There are several options for moving funds in and out of the account:

Deposits In

  1. Mobile Check Deposit via our Mobile Banking App
  2. ACH in initiated from your bank, credit union or PayPal/Venmo type service
  3. Wire transfer in
  4. Mail us a personal check, cashier’s check, or bill pay check
  5. ACH initiated from within Northpointe Bank’s Online Banking (up to $25,000 per day)

Withdrawals Out

  1. ACH out initiated from your bank, credit union or PayPal/Venmo type service
  2. Wire transfer out (fee applies)
  3. We can mail you a cashier’s check via USPS delivery (fee applies)
  4. ACH initiated from within Northpointe Bank’s Online Banking (up to $25,000 per day)

4. Can the account be opened in the name of a trust?

Yes, we allow accounts to be titled in the name of a trust.  As an alternative, you can also designate the trust as a beneficiary. 

5. Do you offer checks, debit card, or bill pay on this account?

No – as a savings account this account is not eligible for checks, bill pay or a debit card

6. What are the fees and minimum balance requirements?

There is no monthly maintenance fee or minimum balance requirement to avoid a fee. The minimum balance to earn the 2.55% APY is $25,000 - $1,000,000. Our full fee schedule can be reviewed here: Fee schedule

7. How is the interest calculated and when is it credited?

Interest is calculated on the daily balance and credited quarterly at quarter-end (March, June, September, December). Accounts closed mid-month will earn all accumulated interest. Contact us prior to withdrawing all funds to ensure proper crediting.

8. Is this account available on business or non-profit accounts?

No, this offer is limited to consumer accounts and is not available on business, non-profit or public funds deposit accounts.

*Annual Percentage Yield effective 06/28/19. After the three (3) month promotional period, the rate may change based on prevailing market rates. Promotional interest rate applies to consumer accounts only with balances between $25,000.00 - $1,000,000.00. Rates are subject to change without notice. Tier 1 $0.00 – $24,999.99: 1.12% APY; Tier 2 $25,000.00 -$1,000,000.00: 2.55% APY; Tier 3 $1,000,000.01+: 1.12% APY. Fees may reduce earnings on the account. All new accounts are subject to Northpointe Bank approval. Not valid with any other offers. **Based on a bankrate.com survey completed 05/24/19.