Grow Your Future with Smart Savings

From emergency funds to retirement planning, discover accounts that help your money work harder for you.

4.75% High-Yield APY*
6 Account Options
$0 Monthly Fees Possible
Savings Accounts

Savings Solutions for Every Goal

Whether you're saving for a rainy day, a new home, or retirement, we have an account designed for you.

POPULAR

High-Yield Savings

4.75% APY*
  • No monthly fee with $100 balance
  • $25 minimum to open
  • FDIC insured up to $250,000
  • Free online transfers
  • Mobile check deposit
Open Account

Money Market Account

3.85% APY*
  • Tiered interest rates
  • $5,000 minimum to open
  • Check writing privileges
  • Higher rates on larger balances
  • Free online banking
Open Account

Money Market Plus

4.25% APY*
  • Premium tiered rates
  • $5,000 + checking required
  • Relationship bonus rates
  • Free checks & debit card
  • Priority customer service
Open Account

Buddy Bear Youth Savings

Teaching kids financial responsibility starts here. No fees, no minimums, and fun rewards for saving.

  • Ages 0-12
  • No monthly fees
  • $0 minimum

Compare Savings Accounts

Features High-Yield Savings Money Market Money Market Plus Youth Savings
Minimum Opening Deposit $25 $5,000 $5,000 + Checking $0
Interest Rate (APY)* 4.75% 3.85% (tiered) 4.25% (tiered) 1.50%
Monthly Fee $1 (waived with $100) $10 (waived with $5,000) $10 (waived with $5,000) $0
Check Writing Limited Yes
Debit Card Access Optional Yes
Online Transfers 6 per month 6 per month 6 per month Unlimited

*Annual Percentage Yield. Rates effective as of February 2026 and subject to change. Fees may reduce earnings.

Detailed Product Information

High-Yield Savings Account - Complete Details

Our High-Yield Savings account is designed for customers who want to earn competitive interest while maintaining easy access to their funds. Perfect for emergency funds and short-term savings goals.

Key Features:

  • Competitive variable interest rate - currently 4.75% APY on all balances
  • No monthly service fee when you maintain a $100 minimum daily balance
  • $1 monthly fee if balance falls below $100
  • $25 minimum opening deposit
  • FDIC insured up to $250,000
  • Free online and mobile banking access
  • Mobile check deposit capability

Transaction Limits:

Federal regulations limit certain types of withdrawals and transfers from savings accounts to six per monthly statement cycle. These include online transfers, automatic transfers, and telephone transfers. In-person withdrawals and ATM transactions are unlimited.

Ideal For:

  • Building an emergency fund
  • Saving for short-term goals (1-3 years)
  • Customers who want easy access to their money
  • Those just starting their savings journey

A $25.00 fee applies if account is closed within 180 days of opening.

Money Market Account - Complete Details

Our Money Market account combines higher earning potential with check-writing flexibility. Ideal for customers with larger balances who want premium features.

Tiered Interest Rates:

Balance Tier Interest Rate APY*
$5,000 - $24,999 3.75% 3.82%
$25,000 - $49,999 4.00% 4.08%
$50,000 - $99,999 4.25% 4.34%
$100,000+ 4.50% 4.60%

Features:

  • $5,000 minimum opening deposit
  • $10 monthly fee (waived with $5,000 minimum daily balance)
  • Free first order of money market checks
  • Check writing privileges
  • Optional debit card access
  • Online banking with bill pay

Federal regulations limit certain withdrawals to six per month. A $25.00 fee applies if account is closed within 180 days of opening.

Money Market Plus Account - Complete Details

Our premium Money Market Plus account rewards customers who have a full banking relationship with us. Enjoy enhanced rates and additional benefits when you combine this account with a Ashmore Trust checking account.

Relationship Benefits:

  • Enhanced tiered interest rates - 0.25% higher than standard Money Market
  • $5,000 minimum opening deposit plus active checking account
  • $10 monthly fee (waived with $5,000 minimum daily balance)
  • Free premium checks
  • Debit card included
  • Priority customer service
  • Free incoming wire transfers

Interest Rate Tiers:

Balance Tier Interest Rate APY*
$5,000 - $24,999 4.00% 4.08%
$25,000 - $49,999 4.25% 4.34%
$50,000 - $99,999 4.50% 4.60%
$100,000+ 4.75% 4.86%

A $25.00 fee applies if account is closed within 180 days of opening.

Buddy Bear Youth Savings - Complete Details

Teaching children financial responsibility is one of the most valuable lessons you can provide. Our Youth Savings account makes learning about money fun and rewarding.

Features:

  • No monthly service fees - ever
  • No minimum balance requirements
  • $0 minimum opening deposit
  • Earns interest on all balances
  • Special youth-focused educational materials
  • Parent/guardian co-ownership
  • Online banking access with parental controls
  • Savings goal tracking tools

Age Requirements:

Available for children ages 0-12. Account automatically converts to a standard High-Yield Savings account at age 13 (or can be converted earlier at parent's request).

Teaching Tools:

  • Printable savings charts and goal trackers
  • Quarterly educational newsletters for kids
  • Branch visits with "Junior Banker" activities
  • Birthday card with savings tips

Parent or guardian must be joint owner on the account. Child must be present with parent/guardian to open at a branch.

Health Savings Account (HSA) - Complete Details

A Health Savings Account (HSA) is a tax-advantaged account designed for individuals with high-deductible health plans. It offers triple tax benefits and can be used for qualified medical expenses now or saved for healthcare costs in retirement.

Triple Tax Advantages:

  • Tax-Deductible Contributions: Contributions reduce your taxable income
  • Tax-Free Growth: Earnings grow tax-deferred
  • Tax-Free Withdrawals: Withdrawals for qualified medical expenses are tax-free

2026 Contribution Limits:

  • Individual coverage: $4,150
  • Family coverage: $8,300
  • Catch-up contribution (age 55+): Additional $1,000

Features:

  • No monthly service fees
  • No minimum balance requirements
  • Debit card for qualified medical expenses
  • Online banking and bill pay
  • Check writing capability
  • Investment options for balances over $2,000
  • Year-end statements for tax purposes

Eligibility Requirements:

  • Must be covered by a high-deductible health plan (HDHP)
  • Cannot be enrolled in Medicare
  • Cannot be claimed as a dependent on someone else's tax return
  • Cannot have other health coverage that is not an HDHP

Consult with your tax advisor regarding HSA eligibility and contribution limits. A $25.00 fee applies if account is closed within 180 days of opening.

Individual Retirement Accounts (IRAs) - Complete Details

Planning for retirement is one of the most important financial goals you'll ever have. Our IRA options provide tax-advantaged ways to save for your future.

Traditional IRA:

  • Contributions may be tax-deductible depending on income
  • Earnings grow tax-deferred until withdrawal
  • Withdrawals taxed as ordinary income in retirement
  • Required Minimum Distributions (RMDs) begin at age 73
  • 10% penalty for withdrawals before age 59½ (with exceptions)

Roth IRA:

  • Contributions made with after-tax dollars (not deductible)
  • Earnings grow tax-free
  • Qualified withdrawals in retirement are tax-free
  • No Required Minimum Distributions during owner's lifetime
  • Contributions can be withdrawn anytime tax-free and penalty-free
  • Income limits apply for eligibility

2026 Contribution Limits:

  • Combined Traditional and Roth IRA contribution limit: $7,000
  • Catch-up contribution (age 50+): Additional $1,000

IRA Features:

  • No monthly maintenance fees
  • $500 minimum opening deposit
  • Competitive interest rates
  • Multiple term options from 12-60 months
  • FDIC insured up to $250,000
  • Automatic contribution plans available

Early withdrawal penalties may apply. Consult with your tax advisor regarding IRA eligibility and contribution limits. A $25.00 fee applies if account is closed within 180 days of opening.

Certificates of Deposit (CDs) - Complete Details

Certificates of Deposit (CDs) offer guaranteed returns with fixed interest rates for a specified term. Ideal for funds you won't need immediately and want to earn higher, predictable returns.

Current CD Rates:

Term Interest Rate APY* Minimum Deposit
6 Months 4.25% 4.33% $1,000
12 Months 4.50% 4.60% $1,000
18 Months 4.65% 4.76% $1,000
24 Months 4.75% 4.86% $1,000
36 Months 4.60% 4.70% $1,000
48 Months 4.40% 4.49% $1,000
60 Months 4.25% 4.33% $1,000

Jumbo CD Rates ($100,000+):

  • 12 Months: 4.85% APY
  • 24 Months: 5.00% APY
  • 36 Months: 4.90% APY

Features:

  • Fixed interest rate for entire term
  • FDIC insured up to $250,000
  • Interest compounded daily, credited monthly
  • Automatic renewal at maturity
  • 10-day grace period after maturity to withdraw without penalty
  • IRA CDs available for retirement savings

Early Withdrawal Penalties:

  • Terms up to 12 months: 90 days interest
  • Terms 12-36 months: 180 days interest
  • Terms 37-60 months: 270 days interest

Rates subject to change without notice. A $25.00 fee applies if account is closed within 180 days of opening.

Why Save With Ashmore Trust

FDIC Insured

Your deposits are insured up to $250,000 per depositor, giving you peace of mind.

Competitive Rates

We consistently offer rates that rank among the best in the nation.

24/7 Access

Manage your savings anytime with our mobile app and online banking.

Ready to Start Saving?

Open an account online in minutes or visit any of our 65+ branches. Our team is here to help you choose the right savings solution for your goals.

Open an Account Find a Branch

*Annual Percentage Yield (APY) is accurate as of February 24, 2026. Rates are variable and subject to change without notice. Fees may reduce earnings on accounts. See account disclosures for complete terms and conditions.

IRA and HSA accounts have unique tax implications. Please consult with your tax advisor regarding your specific situation. Early withdrawal penalties may apply to CDs and IRAs.

A $25.00 fee applies if any account is closed within 180 days of opening. Membership and eligibility requirements may apply for certain accounts.