Open a Jumbo Savings account to earn a high interest rate with no long-term commitment.
Jumbo Savings Benefits
- High-yield 3.25% APY*
- Safe, secure, FDIC insured up to $250,000
- 24/7 online access to your account
- No monthly statement fees or minimum balance fees
- No dormancy fees
- No excessive transaction fees
Available in-branch only
Minimum Opening Deposit $100,000
3.25% APY*
Questions? Call 877-831-3334
Crescent Bank Jumbo Savings FAQ
You can open a Jumbo Savings account by visiting one of our branch locations.
When opening your Jumbo Savings in one of our branch locations, you may fund the opening deposit by providing a check drawn on Crescent Bank or another financial institution, by an internal transfer of funds from an existing Crescent Bank account, or by setting up a wire transfer of funds from another financial institution.
You can access your account by enrolling in Online Banking. With Online Banking, you can review the interest earned on your account, check account balances and transaction records, and transfer funds. To enroll in Online Banking, you will need your account number, Social Security number, birth date, and zip code associated with the account.
Yes! When you enroll in online banking, you can transfer funds in or out of your account online 24/7. You may deposit funds by mailing us a check or by electronically transferring funds from either an existing Crescent Bank account, or an account at another financial institution. You may transfer funds out electronically. To enroll in Online Banking, you will need your account number, social security number, and driver’s license, state ID, or passport.
The minimum opening balance is $100,000. You must maintain an average daily balance of $100,000 to earn the annual percentage yield stated; on a balance below $100,000 you would earn the Personal Statement Savings annual percentage yield.
There are no fees to open or manage a Jumbo Savings account. Your Jumbo Savings will have no minimum balance fees, statement fees, or transaction fees.
Yes! Crescent Bank is a FDIC member. Each depositor insured to at least $250,000. Click here for more information on FDIC insurance limits.
Personal Statement Savings
Account Benefits
Personal Statement Savings offers benefits like
- Competitive simple interest rates
- Quarterly statement
- 24/7 online access to your account
- Personal and Commercial Savings accounts available
Available in-branch only
No Monthly Fees
No monthly fees, no matter your balance
- No monthly statement fees
- No minimum balance fees
- No dormancy fees
- No excessive transaction fees
Rates and Terms
Minimum Opening Deposit: $100
Minimum Balance | Annual Percentage Yield (APY)1 |
---|---|
$100 | 1.70% APY |
1 Annual Percentage Yield effective 11/20/2024, subject to change at any time and is based on interest compounding quarterly.
Further questions? Call 877-831-3334