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Jumbo Savings

Our Highest Yield Savings Account

 

Earn 2.20% APY*and watch your money grow

Open a Jumbo Savings account to earn a high interest rate with no long-term commitment

Jumbo Savings Benefits

  • High-yield 2.20% APY*
  • Safe, secure, FDIC insured up to $250,000
  • 24/7 online access to your account
  • No monthly maintenance fees
  • Open online in minutes!

Minimum Opening Deposit $100,000

2.20% APY*

Open Account Now

Questions? Call 877-831-3334

Easy Online Account Opening

information sheet

1

Fill out your information

fund your account

2

Fund your account

start saving

3

Start saving!

Crescent Bank Jumbo Savings FAQ

You can apply online in under 10 minutes. Be sure to have your driver’s license, state ID, or passport and Social Security number handy. You may fund your Jumbo Savings account by mailing us a check or by electronically transferring funds from either an existing Crescent Bank account, or an account at another financial institution. When transferring funds from another financial institution, have your bank account number and the bank’s routing number ready.

Once your Jumbo Savings account application is completed online and ready for funding, you will be shown step-by-step instructions on how to deposit money into the account. You may fund your Jumbo Savings account by mailing us a check or by electronically transferring funds from either an existing Crescent Bank account, or an account at another financial institution. When transferring funds from another financial institution, have your bank account number and the bank’s routing number ready.

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, and driver’s license, state ID, or passport.

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 online. Your Jumbo Savings will have no minimum balance, statement or transaction fees.

Yes! Crescent Bank is a FDIC member. Your deposit accounts are at least insured to $250,000 per depositor. Click here for more information on FDIC insurance limits.

faq

Also available in our New Orleans Metro Branch Locations

Personal Statement Savings

  • Competitive simple interest rates
  • Quarterly statement
  • Online banking access
  • Personal and Commercial Savings accounts available
  • Available in-branch only

No Monthly Fees

  • 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 09/29/2022, subject to change at any time and is based on interest compounding quarterly.

Further questions? Call 877-831-3334