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Savings Accounts

Get a secure place to stash some funds and build to your short-term savings goals — and earn a little interest in the process.

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Overview

With Raiz, it has never been easier to manage your savings. Yes, you'll get a secure account to grow your savings, but you also get access to all the other great features Raiz has to offer.

Features

$25 Minimum Balance to Open

It doesn't take much to start saving. You can open your Raiz savings account with a minimum deposit of just $25.

Online and Mobile Banking

Manage your savings no matter where the road might take you. With online and mobile banking, you can access your account from any device in any location.

Federally Insured

Every deposit you make into your savings account is federally insured up to $250,000 by the NCUA, so you can feel confident that your money is safe.

Automatic Deposits

Set up automatic deposits that come out of your account, so you can just sit back and watch your money grow. It's the easiest way to save!

And more ...

As high as

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Savings Account Calculator

Final Balance

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Earn Dividends

Earn Money as You Save Money

Don't let your money just sit in a checking account. A Savings Account from Raiz will earn more dividends, so you can reach your financial goals even faster. Any balance over $300 will start to earn interest. The more you save, the more you earn!

Withdraw Money any Time

Complete Financial Freedom

With a Savings Account from Raiz, your funds are never locked into a savings term. You have complete access to use your savings with no withdrawal penalties. Use and move your money as you see fit.

Why Choose Raiz?

Our financial experts are some of the best, but really our motivation is you. Here is what we are doing today to reach a brighter tomorrow.

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We work hard to make your money work for you. Reap the benefits of our innovative products and services that provide you with high dividend checking accounts, low interest on loans, and great rates on savings and retirement accounts.

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Your money never sleeps, and neither do we. Raiz members have 24/7 access to digital banking and an online support chat available to help with all your banking needs.

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We don’t just want to help you manage your money, we want you to thrive! Raiz provides free, award-winning online courses that cover an array of topics for every stage of your life.

Start your financial journey today.
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Rising up our community is what drives us forward. We dedicate our time, funds, and resources to organizations and initiatives that are committed to making a difference.

How It Works

It's easy to open your Raiz Savings Account. Just follow these simple steps:

  • 1

    Open an Account

    It takes only minutes to open your account online or in the branch.

  • 2

    Make Initial Deposit

    Deposit at least $25 to get started.

  • 3

    Save for the Future

    Make regular deposits to save for a rainy day or any other financial goal.

Open account online

Top Savings Account Questions

  • A valid government-issued I.D, Social Security Number, and proof of address (If applicable).

  • There are no monthly service fees regardless of direct deposit or the account’s balance.

  • Yes, there is a $25 minimum balance requirement.

  • No direct deposit is not required to open an account.

  • Yes, with a joint account you can have multiple account owners.

  • Yes, we offer Money Market Accounts. Effective November 1, 2022, Money Market Accounts will be discontinued. Instead, you can earn more with a high-yield checking account and conveniently access your money 24/7. Plus, give back to the community with a Spirit Debit Card. Available for all EP County high schools and select non-profit organizations. To view the latest rates on our Money Market Accounts, click here.

  • Effective November 1, 2022, Money Market Accounts will be discontinued. To view the latest rates on our Money Market Accounts, click here.

Have a question?

We’re happy to help you every step of the way!

Chat with us

Start live chat

Chat live with a team member who can quickly help answer your question.

Call us

1-877-378-3281

Give us a call directly; we’re here to help you every step of the way.

Meet with us

Schedule an appointment

Schedule a virtual or phone appointment convenient for you, and let us help you get to the next financial level.

Savings Account

Start Saving Now for a Better Future

At Raiz, we make it easy to build a more secure financial future. With a low opening balance, online and mobile banking services, no savings terms, and more dividends than a regular checking account, you'll be well on your way to reaching your financial goal when you open your Savings Account.

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