Money Market & Savings
Financial freedom starts with a vision. Take advantage of our competitive rates and flexible options to access your money.
Account Information
| Account Type | Summary | Minimum Balance | Interest Compounding | Statements |
|---|---|---|---|---|
| Money Market |
Earn CD-type interest rates with check-writing ability
|
$5,000
|
Monthly | eStatement or Paper |
| Foresight Savings |
Earn High-Interest Savings rates with a low minimum balance
|
$50
|
Quarterly | eStatement Required |
| High-Interest Savings |
Automatically earn higher rates as you save more
|
$1,000
|
Quarterly | eStatement or Paper |
| Youth Savings |
Earn CD-type interest rates while encouraging financial literacy.
|
$20
|
Quarterly | eStatement or Paper |
Foresight Bank’s Money Market and savings accounts come with the following free features:
- No monthly fee
- Online Banking
- Mobile Banking: Check balances, transfer funds, pay bills, receive alerts, and more
- Mobile Deposit: Deposit checks by taking a picture and submitting the deposit through our mobile app
- Easy Access: Access your funds online, at ATMs, via telephone, etc.
- AnswerLine: Free 24-hour telephone banking service allows you to check balances, transfer money, and more
- Direct Deposits: Have your regular paycheck or Social Security check deposited electronically into your bank account
- Automatic transfers and loan payments
- Sweep Accounts: Automatically transfer money between checking, savings, and Money Market accounts to maximize your interest income
Savings Account Rates (1.05% - 2.94%)
| Account Type | Minimum Balance for APY | Annual Percentage Yield (APY) | Interest Rate |
|---|---|---|---|
| Money Market | $1 $40,000 $100,000 $250,000 $500,000 |
2.63%
2.68%
2.73%
2.84%
2.94%
|
2.60%
2.65%
2.70%
2.80%
2.90%
|
| Foresight Savings | $1 $10,000 $40,000 |
1.05%
1.10%
1.15%
|
1.05%
1.10%
1.15%
|
| High-Interest Savings | $1 $10,000 $40,000 |
1.06%
1.11%
1.16%
|
1.05%
1.10%
1.15%
|
| Youth Savings |
$1
$500
$5000
$10,000
$20,000
|
2.63
2.68
2.73
2.84
1.15
|
2.60
2.65
2.70
2.80
1.15
|
Open an Account: Click HERE to begin the process of opening an account.
Contact Us: If you would like to begin a conversation, feel free to contact one of the deposits team members directly or tell us how we should get in touch with you.