1.00% APY? Yes please.
Sky-High Savings Account
Sky-High Savings rate as of 06.01.2022. Comparison of banks’ rates as of 08.14.2023.
Jumpstart your big savings goals with just $1
Open your account with $1, deposit $1,000 monthly, and watch your savings grow sky high. Have we mentioned that you can withdraw funds anytime you want? It can’t get any better than this, seriously, we checked and added our competitors rates!
- Minimum opening balance of $1
- No monthly fees or early withdrawal fees
- Full access to cash from our surcharge-free ATMs nationwide**
- 24/7 access with Online & Mobile Banking
Opened your account? Set-up Direct Deposit
Setting up direct deposit is now easier than ever. Simply complete the short and quick application and you’ll have your money depositing to your SkyOne account as soon as possible. We’ll even send your paycheck to your selected account 1-2 days before your employer’s actual pay date.1
Monthly Payment
"I've been with SkyOne for almost 50 years, and they've always been there for my family, going out of their way to help. Keep up the excellent work!"
Bill and Deanna P., members since 1972
Start saving today with this high-yield liquid account.
OPEN A SKY-HIGH SAVINGSDisclosure
*APY= Annual Percentage Yield. SkyOne rates and terms are accurate as of 06.01.2022 and are subject to change after the account is opened without notice. Comparison bank rates accurate as of 06.01.2022. Compounding and crediting: Dividends will be compounded every month. Dividends will be credited to your account on the last day of each month. Dividend period: For this account type, the dividend period is monthly. For example, if the beginning date of the first dividend period of the calendar year is January 1, the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last day of the dividend period, and for the example above, is January 31. If you close your account before dividends are paid, you will not receive the accrued dividends. Minimum balance requirements: The minimum balance required to open this account is $1.00. This account offers a set dividend rate of 1.00% with an Annual Percentage Yield (APY) of 1.00%. Dividends will be paid to the Sky-high Savings Account at a 1.00% rate with an APY of 1.00% provided a deposit of $1,000 or more is posted to your account each month. The deposit can be posted to any share account (suffix) within the same account to obtain the disclosed APY. There are no restrictions on the type of deposit method; direct deposit, remote check deposit, external transfers, ACH, etc. are accepted to fund your account each month. During the month, if there is no deposit of $1,000 or more credited to the account, the dividend rate and APY will default to the Regular Savings Account APY and APY disclosed on the current rate sheet. Average daily balance computation method: Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly dividend period. Fees and charges: Fees may reduce earnings on the account. Please refer to our Schedule of Service Charges for additional information about charges. Savings and Money Market accounts have a maximum of six withdrawals or outgoing transfers per month. To learn more, please refer to the Truth in Savings section of our All in One Disclosure.
**No-surcharge fee for SkyOne and affiliated credit union CO-OP and Allpoint ATMs. Unaffiliated ATM owner/operators may assess a fee.
1You must have direct deposit on your SkyOne Checking, Savings, or Money Market account to enjoy this service. Early Paycheck Arrival is based on the date that your employer sends SkyOne the funds for your paycheck. The actual delivery dates may vary in the event of holidays and other occurrences and may be affected by the same Day ACH Rule.
Federally Insured by NCUA.
