Savings Account Comparison

Prime Share Savings Account

The Chartway Prime Share Savings account is your first step toward taking advantage of all the accounts, loans, and services that we offer. You can open your account and start your membership for as little as $5 and you’ll remain a Chartway member for as long as your account is active. Once you hit an average daily balance of $100, you begin earning dividends on your money to encourage growth.

With up to six monthly transfers for overdraft, ACH debits, and online or telephone deposits, you can still access your hard-earned money when you need it most. Learn more about prime share savings accounts.

Open a Share Savings Account

Custom Share Account

Keeping all of your money in one savings account can feel disorganized if you have multiple competing financial goals. It can be hard to differentiate between your summer vacation savings and your savings for the holidays. Having a second savings account can help keep your savings goals in order.

If you need a second share savings account, the Custom Share account is the way to go. You can open an account with $5 and earn dividends when your average daily balance reaches $100. Learn more about Custom Share Saving Accounts.

Open a Custom Savings Account

Today’s Rates

Table data for Share Savings Account Rates
 Effective 01-18-2022
Dividends APY1 Balance Requirement Alert Me
Prime Share 0.05% 0.05% $100.00
Custom Share 0.05% 0.05% $100.00
Business Prime Share 0.05% 0.05% $100.00
1APY = Annual Percentage Yield. Fees could reduce earnings on the account (applies only to maintenance or activity fees).

Share Certificates

A share certificate is a great way to save your money while watching it grow with competitive interest rates. It offers flexible terms from six months to 71 months so you can reach your short term or long term savings goals.

If you have a specific target in mind, you can set your share certificate maturity date to the date when you will use your funds. Since you can’t access your money before the maturity date without paying a penalty, it should be easier for you to skip dipping into your savings unnecessarily.

The flexibility and high-interest rates make this a prime savings option for you, whether you will be saving for a few months or years to come. Learn More about Share Certificates.

Open a Share Certificate

Money Market Account

A money market account gives you the option to save with the benefit of a high-interest rate, similar to a share certificate. However, this account is different because you can access your money without paying a penalty. Many accounts will charge a fee if you withdraw your money before the set maturity date, but this isn’t the case with a money market account.

Keep in mind that as you save more, your interest rates increase. So, even though you have access to your money as needed, it’s to your benefit to let the balance build so you can achieve more considerable savings. Learn More about Money Market Accounts.

Save as little as $2,500 up to $100,000 or more.

Open a Money Market Account

Retirement Options

Saving for retirement should be a must, no matter your place in life. Store your money away safely and receive tax-free growth on your assets. We’ll work with you to see how a Traditional IRA or Roth IRA fits into your retirement plan.

Learn More About IRAs

Regardless if you’re in your 20s or 50s, a financial advisor can offer guidance on developing an overall investment strategy, asset allocation, minimizing taxes, rebalancing, and how to structure withdrawals from your retirement accounts. We have a financial advisor who is ready to help you develop a retirement plan so you can secure your future.

Learn More About Financial Advisors

Savings Account Comparison

Withdrawal penalty Dividends APY1 Balance Requirement Monthly Fess Alert Me
Prime Share Max. of 6 monthly 0.05% 0.05% $100 $0
Custom Share Max. of 6 monthly 0.05% 0.05% $100 $0
Share Certificate Yes 0.10% - 0.65% 0.10% - 0.65% $100 $0
Money Market Max. of 6 monthly 0.00% - 0.40% 0.05% - 0.40% $2,500 $0
IRA Varies 0.25% 0.25% $100 $0
1APY = Annual Percentage Yield. Fees could reduce earnings on the account (applies only to maintenance or activity fees).

Why Open a Savings Account With Chartway?

At Chartway, we offer many ways to help you save because we know saving money requires more than a one size fits all solution. No matter which option you choose, all savings accounts with chartway include:

  • Competitive dividend rates
  • Federal insurance
  • Zero administrative fees

Whether your goal is to save for retirement, plan for the holidays, or put aside money for a special occasion, we have something for you.

Contact Us

Set Up Direct Deposit

It's easy to set up direct deposit to your Chartway account!

If you need help identifying which numbers to enter, please feel free to call us for help. If the account number and routing number are not entered correctly, your deposit may fail.

Deposit to Savings

To automatically deposit your paycheck into your savings account, use your savings account number. You can locate your savings account number by logging in to our online banking system and looking under the INFO tab next to the account you designate for your direct deposit. Your Account Number (ACH) is listed at the bottom.

You will also need to provide your employer with the Chartway routing/transit number. This number is 251481614.

Details and Disclosures

Some restrictions may apply. For complete details and full disclosures, please see a Member Specialist. View all required disclosures.

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