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The Top 7 Second Chance Bank Accounts

Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.

Some banks don’t like giving second chances to customers who have less-than-stellar financial histories, especially since it could expose them to expensive risks. A record of bounced checks or debit card overdrafts could easily lock you out of the conveniences of modern banking.

Fortunately, banks also like making money, and some offer special “second chance” accounts that minimize their risk while allowing consumers to stay in the banking system. A second chance bank account gives customers with troubled records a fresh opportunity to demonstrate they can bank responsibly.

When it comes to a second chance account, fees are an unfortunate reality. But some accounts offer customers a better deal than others, and we’ve researched our database to find the second chance accounts with the most reasonable fee structures, while also factoring in whether they provide online and mobile banking, and how accessible accounts are throughout the country.

Account Name

Monthly Fee

Minimum to open

Availability

BBVA Free Checking$0$25Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas.
BBVA Online Checking$0$25Nationwide, with the exceptions of Alaska and Hawaii
Wells Fargo Opportunity Checking and Savings Accounts$10, can be waived if you meet requirements$25All 39 states (plus Washington D.C.) that has a Wells Fargo location.
First National Bank and Trust Company Renew Checking$9.95; $7.95 with direct deposit$25Select areas of Wisconsin and Illinois
Woodforest National Bank Second Chance Checking$9.95 monthly maintenance fee if you use a direct deposit; $11.95 without a direct deposit$25Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, and West Virginia
Peoples Bank Cash Solutions Second Chance Checking$4.95$30Nationwide
Radius Essential Checking$0$10Nationwide

Second chance account basics

With a second chance bank account, customers shut out of traditional bank accounts get the opportunity to win their way back into a bank’s good graces. Similar to credit bureaus, financial services company ChexSystems maintains records of consumers’ banking histories. Bounced checks, overdrawn accounts or instances of fraud can all end up on your ChexSystems record; if you accumulate enough black marks on ChexSystems, banks could deny your application to open a new account.

Because second chance accounts are meant for customers who have demonstrated bad banking behavior, some lack features of traditional accounts, such as overdraft protection. In the eyes of the bank, you represent too much of a risk for them to extend you such courtesies.

Nobody likes paying fees, and we generally advise consumers to avoid needless banking fees due to the many fee-free banking options available. But fees are the price you pay for access to banking when you have a poor record. Plus, the second chance accounts listed below give you access to online and mobile banking, which is always a plus.

The 7 best second chance bank accounts

1. Tie between BBVA Online Checking and BBVA Free Checking

BBVA

Regional bank BBVA’s Free Checking product is available as a second chance bank account. Keep in mind that it’s only available to residents of the states where BBVA maintains physical branches: Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas. But if you don’t live in those states, you can still avail yourself of BBVA’s Online Checking account (unless you live in Alaska and Hawaii, in which case you are out of luck).

BBVA Free Checking features:

  • Free online and mobile banking, free customized alerts, free online and paper statements, and a free debit card (with option to personalize)
  • $25 minimum deposit to open
  • No monthly service charge to worry about

Fees to watch out for:

  • BBVA ATMs are free, otherwise a $3 fee will apply
  • $38 insufficient funds fee ($32 in California)
  • $15 deposit item returned fee
  • $32 stop payment fee made over the phone or in person ($30 in California); $25 if made online
  • No fee for closing your account within 180 days of opening

You can get a full list of Compass ClearChoice fees for each state here.

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BBVA Online Checking features:

  • Free online and mobile banking
  • Minimum deposit of $25 needed to open the account
  • No monthly service charge

Fees to watch out for:

  • No fees for using any of the 55,000 BBVA and Allpoint ATMs, but for ATMs outside the network a $3 fee applies
  • $38 insufficient funds fee ($32 in California)
  • $15 deposit item returned fee
  • $32 stop-request fee when made over the phone or in person at a branch ($30 in California); a $25 fee to make the stop-request online
  • $25 account close fee if made within 180 days of opening

You can get a full list of BBVA Online Checking fees broken down by state here.

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2. Wells Fargo Opportunity Checking and Savings Accounts

Wells Fargo Bank

Wells Fargo’s Opportunity Checking and Savings Accounts are tailor-made for folks with a lackluster credit or banking history. With a $25 opening deposit, you’ll get access to a second chance bank account that offers most of the bells and whistles of a traditional bank account. The account does come with a monthly fee, although it’s possible to waive it if you meet a few requirements (see below).

Account features:

  • $25 minimum deposit to open
  • Free transfers are available between Opportunity Checking and Savings accounts
  • You can choose to opt into overdraft protection
  • Free access to bill pay
  • “My Spending Report with Budget Watch” is available if you want to pay extra attention to where your money is going
  • Free debit card with access to more than 13,000 Wells Fargo ATMs throughout the country

Fees to watch out for:

  • $10 monthly service fee, waived if any of the following are true:
    • You make 10 posted debit card purchases or payments
    • You keep a minimum daily balance of $1,500 in the account
    • You receive $500 total in direct deposits each statement cycle
  • $35 overdraft and returned item fee
  • $12.50 overdraft protection transfer fee
  • $15 fee for excess activity (exceeding withdrawals from your savings account)
  • 3% foreign transaction fee with your debit card
  • $5 for money orders
  • $31 for stop payments

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3. Woodforest National Bank Second Chance Checking

Woodforest National Bank

This regional bank has a checking account aptly named Second Chance Checking, to help people rejected by other banks access — provided they live in one of the 17 states where a physical branch exists and can meet the $25 minimum opening deposit requirement. Those states are: Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, and West Virginia.

Fees to watch out for:

  • $9.95 monthly maintenance fee if you use a direct deposit (or $11.95 without a direct deposit), $3.00 monthly paper statement fee (which can be avoided if you sign up for electronic statements)
  • $9 one-time account set-up fee
  • $2.50 ATM withdrawal fee when used at a non-Woodforest network ATM
  • $15 debit card set-up fee
  • $29 overdraft fee (for each charge)

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4. First National Bank and Trust Company Renew Checking

First National Bank and Trust Company (WI)

First National Bank and Trust Company’s second chance bank account offering is called Renew Checking. You’re eligible for a new account if you live near the bank’s Beloit, Wisc. headquarters, in southern Wisconsin and northern Illinois.

Account Features:

  • No monthly minimum balance
  • $25 minimum deposit to open
  • Free online and mobile banking, bill pay, and e-statements
  • Access to 70,000 no-fee ATMs worldwide through Allpoint and MoneyPass
  • Eligible to upgrade account after twelve months in good standing

Fees to watch out for:

  • $9.95 monthly service fee, or $7.95 with direct deposit
  • $30 early account closure fee (if closed within 90 days of opening)
  • $34.50 overdraft fee
  • $34.50 insufficient funds fee
  • $34.50 stop payment fee

The fee schedule for personal accounts at First National Bank and Trust Company is here.

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5. Peoples Bank Cash Solutions Second Chance Checking

Peoples Bank Cash Solutions

This Texas-based bank offers a second chance bank account that is available nationwide, and so long as you don’t have a record of bank or checking fraud on your record, you should be approved for this account. You’ll need to deposit at least $30 before the bank activates your account and provides you with checks and a debit card.

Fees to watch out for:

  • $4.95 monthly maintenance fee
  • $27.50 overdraft fee
  • $27.50 nonsufficient funds fee
  • $3.95 printed statement fee (which can be avoided with electronic statements)
  • $2.00 ATM withdrawal fee at machines not owned by Peoples Bank
  • $25 stop payment fee
  • $20 account closure fee (if within 90 days of opening account)

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6. Radius Essential Checking

Radius Bank

Products from online bank Radius are available to customers nationwide, and accessibility is a strong point in its favor. This second chance bank account only requires customers to deposit $10 to open an Essential Checking account, which is lower than some other accounts on this list.

Account Features:

  • A free debit card
  • 24/7 mobile and online banking
  • Access to Radius’s budgeting and personal finance tracking apps
  • Eligibility to upgrade to Radius’s Reward Checking account after 12 months of positive banking history

Fees to watch out for:

  • $9 monthly maintenance fee
  • $25 per item non-sufficient funds fee (waived on all overdraft items $5 or less)
  • $5 daily overdraft fee

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Alternatives to a second chance bank account

Get a prepaid debit card

Tired of the traditional banking experience? You could opt for a prepaid debit card instead. With a prepaid card, you can load money onto it and spend at merchants that accept major credit and debit cards. But if you try and spend more money than what’s on the card, the transaction is declined — although this prevents you from accruing any overdraft or insufficient funds fees. This is useful if you feel you may still have trouble managing your spending and need an extra layer of security to prevent you from getting into trouble.

Some prepaid cards offer extra perks like advance direct deposit and free ATMs so long as you stay in their network.

Open a secured credit card

You may also have better luck applying for a secured credit card if your credit score is in good enough shape. Usually, this requires depositing cash with the lender, who then gives you the credit card for the same amount. Each month that you make on-time payments, the bank will report that good behavior to the credit bureaus, helping you boost your credit score. At the end of the payment period (generally 12 months, though it varies by banks), you’ll get the full deposit back.

Secured cards can come with high interest rates and many don’t feature the enticing rewards other high-end cards do, but they get the basic job done for consumers who don’t need a card with a high credit limit.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Erin Millard
Erin Millard |

Erin Millard is a writer at MagnifyMoney. You can email Erin at [email protected]

James Ellis
James Ellis |

James Ellis is a writer at MagnifyMoney. You can email James here

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Reviews

Trustco Bank Review: Checking, Savings, CD, Money Market, and IRA Accounts

Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.

Trustco Bank’s checking account options

Home Town Free Checking

This is Trustco Bank’s entry-level checking account that doesn’t earn interest.
  • Minimum opening deposit: $50
  • Monthly account maintenance fee: $0
  • ATM fee: $0 at Trustco Bank, Publix Super Markets, or Allpoint network ATMs; $2.50 for other domestic ATMs; $5 for international ATMs
  • ATM fee refund: None
  • Overdraft fee: $36, up to 5 per day; $10 with overdraft protection on transfers up to $500; otherwise overdraft protection is via a line of credit that charges interest

All of Trustco Bank’s checking accounts carry the “Home Town” moniker, and they are closely related. The opening tier of these Home Town checking accounts is the Home Town Free Checking account, which is a straightforward, basic account. The Home Town Free Checking account lives up to its name by not charging a monthly maintenance fee. This account also provides these services:

  • A free debit card, with free access to 55,000+ Allpoint and Publix Super Markets ATMs
  • Free online banking
  • A free mobile app
  • Free e-statements
  • A free first order of checks

Overdraft fees are high on all Trustco Bank accounts, although they can be reduced through overdraft transfers.

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Home Town Student Checking

A special checking account for students under age 25.
  • Minimum opening deposit: $50
  • Monthly account maintenance fee: $0
  • ATM fee: $0 at Trustco Bank, Publix Super Markets, or Allpoint network ATMs; $2.50 for other domestic ATMs; $5 for international ATMs
  • ATM fee refund: None
  • Overdraft fee: $36, up to 5 per day; $10 with overdraft protection on transfers up to $500; otherwise overdraft protection is via a line of credit that charges interest

Home Town Student Checking is essentially the same as the Home Town Free Checking account, but it is designed for students under age 25. However, access to the funds in this account is via debit card or electronic transactions only, including bill pay. No check writing is allowed in this account.The day after the account holder turns 25, the account will automatically be converted into a Home Town Free Checking account. Beyond that, the account has the same free benefits as the Home Town Free Checking account, including e-statements, online and mobile access, a free debit card, and free access at more than 55,000 ATMs. The only feature missing between the two is that the student version does not come with a free first order of checks, as it has no check writing capability.

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Home Town Premier Checking

This is Trustco Bank’s top-of-the-line checking account, but interest is low.
APYMinimum Balance to Earn APY
0.05%$500
  • Minimum opening deposit: $50
  • Monthly account maintenance fee: $5; $0 with direct deposit or a $500 monthly average collected balance
  • ATM fee: $0 at Trustco Bank, Publix Super Markets, or Allpoint network ATMs; $2.50 for other domestic ATMs; $5 for international ATMs
  • ATM fee refund: None
  • Overdraft fee: $36, up to 5 per day; $10 with overdraft protection on transfers up to $500; otherwise overdraft protection is via a line of credit that charges interest

Home Town Premier Checking is the only checking account in the Trustco Bank lineup that pays interest, at a flat rate on all balances of $500 or more. The modest monthly maintenance fee can be avoided with the same $500 balance, or with a monthly direct deposit. Home Town Premier Checking carries all of the features of the bank’s Home Town Free Checking account, including a free first order of checks, free online and mobile banking, free e-statements, a free debit card, and access to more than 55,000 surcharge-free ATMs.

How to get Trustco Bank’s checking accounts

You can’t open any Trustco Bank checking accounts online. You’ll have to visit a branch and bring all relevant information, such as an ID, your Social Security number, and a funding source. You can get more information by contacting the bank’s customer service desk at 800-670-3110.

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How Trustco Bank’s checking accounts compare

Trustco Bank’s checking account lineup is fairly typical, with a basic checking account, a student account, and a premier account that pays interest. Outside of the standard checking account features, such as online and mobile access and free in-network ATM withdrawals, there aren’t any standout features on the accounts. Most accounts can be maintained for no monthly fee, but the only interest-bearing account, the Home Town Premier Checking account, pays a rate that can’t even match the average national checking rate, let alone the best available online checking accounts in the nation.

Trustco Bank’s savings account options

Passbook Savings

Passbook Savings is an old-fashioned savings account that has no ATM access.
APYMinimum Balance to Earn APY
0.10%$200
  • Minimum opening deposit: $50
  • Monthly account maintenance fee: $5; $0 with $200.00 minimum available balance
  • ATM fee: N/A
  • ATM fee refund: N/A
  • Overdraft fee: N/A

Passbook Savings is a basic savings account that has a small opening balance requirement and a modest monthly fee that can be avoided with a $200 available balance. Unlike most savings accounts, Passbook Savings doesn’t offer ATM access. As the name suggests, a physical passbook is provided instead, and customers must go into a branch if they want a record of their account printed in the passbook. Deposits can be made by mail or via direct deposit, or by visiting a branch. As withdrawals must be made in a branch, there is no overdraft provision for this account.

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Statement Savings

This traditional savings account is the modern update to the Passbook Savings account.
APYMinimum Balance to Earn APY
0.10%$200
  • Minimum opening deposit: $50
  • Monthly account maintenance fee: $5; $0 with $200.00 minimum available balance
  • ATM fee: $0 at Trustco Bank, Publix Super Markets, or Allpoint network ATMs; $2.50 for other domestic ATMs; $5 for international ATMs
  • ATM fee refund: None
  • Overdraft fee: $36, up to 5 per day; $10 with overdraft protection on transfers up to $500; otherwise overdraft protection is via a line of credit that charges interest

Fundamentally, Statement Savings has the same structure as the Passbook Savings account, but with a more modern, electronic twist. Both accounts have the same opening deposit and monthly fee structure, with a $200 balance required to avoid monthly maintenance charges. However, Statement Savings dispenses with the old-fashioned passbook and instead provides customers with regular statements and ATM access, although direct deposit and mail-in banking is also available.

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Home Town Savings

Home Town Savings requires a high minimum opening deposit and is designed to pay higher yields.
APYMinimum Balance to Earn APY
0.10%$15,000
  • Minimum opening deposit: $15,000
  • Monthly account maintenance fee: $0; balances below $15,000 are converted to Statement Savings
  • ATM fee: $0 at Trustco Bank, Publix Super Markets, or Allpoint network ATMs; $2.50 for other domestic ATMs; $5 for international ATMs
  • ATM fee refund: none
  • Overdraft fee: $36, up to 5 per day; $10 with overdraft protection on transfers up to $500; otherwise overdraft protection is via a line of credit that charges interest

Home Town Savings is billed as offering the bank’s highest savings yields, but it currently pays the same rate as the other savings accounts in the Trustco Bank lineup. Customers with balances that drop below the opening deposit requirement are potentially penalized by earning the regular savings rate instead, but as they are the same at the current time, there seems to be no advantage to opening the Home Town Savings account. ATM access and overdraft fees remain the same as with the bank’s other savings accounts. However, this account has no monthly fee. When balances drop below the required opening balance, the account will be converted to a Statement Savings account.

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Health Savings Account

This traditional HSA comes with a host of free features and low costs.
APYMinimum Balance to Earn APY
0.10%$200
  • Minimum opening deposit: $0
  • Monthly account maintenance fee: $0
  • ATM fee: $0 at Trustco Bank, Publix Super Markets, or Allpoint network ATMs; $2.50 for other domestic ATMs; $5 for international ATMs
  • ATM fee refund: none
  • Overdraft fee: $0

As with all health savings accounts, Trustco’s HSA requires enrollment in a high-deductible health plan. For those who qualify, contributions are tax-deductible, interest is tax-deferred, and distributions are tax-free, if used for qualifying medical expenses. Unlike many HSAs, however, Trustco Bank’s is nearly completely fee-free. There are no enrollment fees, monthly fees, overdraft fees, annual fees, closing fees, or other fees. The only fee you’ll pay is if you withdraw from a non-network ATM.This HSA comes with a free debit card, a free first box of checks, free online and mobile banking, and free automatic transfers.

How to get Trustco Bank’s savings accounts

As mentioned above, you can’t open any of Trustco Bank’s savings accounts online; you’ll need to visit a branch if you want to open an account. Be prepared to provide relevant documentation, such as your Social Security number and a valid form of ID.

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How Trustco Bank’s savings accounts compare

Trustco Bank has three standard savings accounts and a Health Savings Account, so there’s an option for nearly anyone. Those who prefer a physical passbook can still get one at the bank, which is becoming more and more unusual, while those who prefer a now-standard electronic account have an option as well. The bank’s top-tier checking account is designed to pay higher yields for higher balances, but currently offers just the same rate as the traditional savings account. For all savings accounts, rates are less than half the national average. The comparison sours even more when the bank competes with the best online savings accounts available across the nation.

Trustco Bank’s CD account options

Certificates of Deposit (CDs)

Trustco Bank’s CDs are straightforward certificates with traditional terms.
APYMinimum Balance to Earn APYTerm
0.05%$50030 days
0.05%$500180 days
0.25%$50012 months
0.25%$50018 months
0.25%$50024 months
0.25%$5003 years
0.25%$5004 years
0.25%$5005 years
  • Minimum balance to open account: $500
  • Minimum balance to earn APY: $500
  • Early withdrawal penalty: Can withdraw up to 25% of balance penalty-free one time per term; otherwise, 1 months’ interest for terms of 179 days or less; 3 months’ interest for terms of 180 days to up to 3 years; 6 months’ interest for terms 3 years up to 5 years; 12 months’ interest for terms of 5 years up to 7 years; 18 months’ interest for terms of 7 years to 10 years

Trustco Bank offers a traditional CD lineup, with maturities from 30 days to 5 years. The minimum opening balance is moderate at $500. Interest is accrued daily and credited monthly. Rates pick up dramatically at the two-year maturity mark. CDs automatically renew upon maturity for the same term at the then-current rate. However, a 10-day grace period after maturity allows customers to pull out their money free of charge, select a new CD, or deposit additional funds. Additionally, customers can put in or take out as much as 25% of their original balance one time during the CD term without paying any penalty.

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CD Specials

Trustco Bank currently offers two CD specials, although they are subject to change at any time.
APYMinimum Balance to Earn APYTerm
1.55%$5006 months
2.50%$50014 months
  • Minimum balance to open account: $500
  • Minimum balance to earn APY: $500
  • Early withdrawal penalty: Can withdraw up to 25% of balance penalty-free one time per term; otherwise, 1 months’ interest for terms of 179 days or less; 3 months’ interest for terms of 180 days to up to 3 years; 6 months’ interest for terms 3 years up to 5 years; 12 months’ interest for terms of 5 years up to 7 years; 18 months’ interest for terms of 7 years to 10 years

Trustco Bank’s CD specials share the same basic characteristics of the bank’s regular CDs, in that they have the same $500 minimum balance requirement, the same early withdrawal penalties, and the same 10-day grace period. The CD specials also benefit from the bank’s unusual deposit/withdrawal policy, which allows for deposits or withdrawals of up to 25 percent of the original balance one time during the term without triggering any penalty. The CD specials, with maturities of 6 months and 14 months, currently pay much higher rates than the bank’s regular CDs.

How to get Trustco Bank’s CD accounts

As mentioned above, you can’t open any Trustco Bank CDs online. You’ll need to visit a branch with your valid ID and Social Security number to open an account.

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How Trustco Bank’s CD accounts compare

Trustco Bank’s CDs are interesting in that different terms have competitive or non-competitive rates. The shortest maturities, from 3 months to 18 months, pay rates far below national averages. Starting with the 24-month maturity and extending out to 5 years, CD rates are well above national averages. The current CD specials, for 6 months and 14 months, also pay about double the national average. The top rates at Trustco Bank aren’t quite in the same league as the best available online CD accounts nationwide, but they are competitive.

Trustco Bank’s money market account option

Money Market Account

Trustco Bank offers a single money market account, with traditional features.
APYMinimum Balance to Earn APY
0.10%$0.01
0.30%$15,000
0.40%$50,000
0.45%$100,000
0.50%$500,000
0.75%$2,000,000
0.85%$5,000,000
  • Minimum opening deposit: $2,500
  • Monthly account maintenance fee: $10; $0 with minimum monthly balance of $2,500
  • ATM fee: $0 at Trustco Bank, Publix Super Markets, or Allpoint network ATMs; $2.50 for other domestic ATMs; $5 for international ATMs
  • ATM fee refund: none
  • Overdraft fee: $36, up to 5 per day; $10 with overdraft protection on transfers up to $500; otherwise overdraft protection is via a line of credit that charges interest

There aren’t a lot of hidden gimmicks with Trustco Bank’s sole money market account. For a $2,500 opening deposit, you can avoid the moderate monthly fee and earn interest on the account. Interest is paid in tiers, although the top tiers of $2,000,000 and $5,000,000 won’t likely be reached by the average customer. Funds can be accessed via check or ATM, with the same ATM fee structure as the bank’s checking and savings accounts. Certain transactions are limited to six per month per Regulation D, otherwise the account may be closed or changed to a checking account.

How to get Trustco Bank’s money market account

As mentioned above, you can’t open a Trustco Bank money market account online, you’ll need to visit a branch. You’ll need your Social Security number and a valid ID, such as a passport or a driver’s license.

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How Trustco Bank’s money market account compares

Trustco Bank’s single money market account is a decent option for people looking for a traditional option. The tiered rate structure means the account pays a below-average APY for smaller deposits, but an above-average rate for larger deposits, with the top rate paying more than double the national average. The best online money market accounts in the nation, however, pay higher yields on much lower balances.

Trustco Bank’s IRA options

IRA Club Account

The IRA Club account is a savings account for uninvested IRA money.
APYMinimum Balance to Earn APY
0%$0.01
  • Minimum opening deposit: $0
  • Monthly account maintenance fee: $0
  • ATM fee: N/A
  • ATM fee refund: N/A
  • Overdraft fee: N/A

Investors that don’t want to commit to a money market or CD account in their Trustco Bank IRA can keep the funds in the IRA Club account, which is essentially a basic savings account. However, this account has no minimum deposit requirement and no monthly fees, and all balances earn interest. The rate paid on this account is far above what you can get in the bank’s basic, taxable savings accounts. However, as this account is in an IRA, there is no ATM access.

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IRA Money Market Account

The IRA Money Market account pays a tiered savings rate that can exceed the flat rate in the IRA Club account.
APYMinimum Balance to Earn APY
0.50%$0.01
0.30%$15,000
0.40%$50,000
0.45%$100,000
0.50%$500,000
0.75%$2,000,000
0.85%$5,000,000
  • Minimum opening deposit: $50
  • Monthly account maintenance fee: $0
  • ATM fee: N/A
  • ATM fee refund: N/A
  • Overdraft fee: N/A

The IRA Money Market account pays the same interest rates in the same tiers as the bank’s taxable Money Market account. However, the IRA version has no monthly maintenance fee and a much smaller minimum opening deposit requirement. The IRA version of the money market account does not have ATM access.

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IRA Certificates

IRA Certificates have a smaller opening deposit requirement than the bank’s taxable CDs.
APYMinimum Balance to Earn APYTerm
0.05%$25030 days
0.05%$250180 days
0.25%$25012 months
0.25%$25018 months
0.25%$25024 months
0.25%$2503 years
0.25%$2504 years
0.25%$2505 years
  • Minimum balance to open account: $250
  • Minimum balance to earn APY: $250
  • Early withdrawal penalty: Can withdraw up to 25% of balance penalty-free one time per term; otherwise, 1 months’ interest for terms of 179 days or less; 3 months’ interest for terms of 180 days to up to 3 years; 6 months’ interest for terms 3 years up to 5 years; 12 months’ interest for terms of 5 years up to 7 years; 18 months’ interest for terms of 7 years to 10 years

In most ways, the IRA CDs at Trustco Bank are the same as the bank’s non-IRA CDs. The maturity schedule is the same, as are the rates paid for each term. However, the minimum opening balance in the bank’s IRA CDs is half that of its taxable CDs. Early withdrawal penalties remain the same. However, customers are allowed to either deposit or withdraw up to 25% of their original balance one time during the term without paying any penalty. As the account is an IRA, additional IRS taxes or penalties may apply to withdrawals from the IRA account itself.

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IRA CD Special

As with the bank’s non-IRA CDs, the CD specials pay higher rates but may change or be discontinued at any time.
APYMinimum Balance to Earn APYTerm
1.55%$5006 months
2.50%$50014 months
  • Minimum balance to open account: $500
  • Minimum balance to earn APY: $500
  • Early withdrawal penalty: Can withdraw up to 25% of balance penalty-free one time per term; otherwise, 1 months’ interest for terms of 179 days or less; 3 months’ interest for terms of 180 days to up to 3 years; 6 months’ interest for terms 3 years up to 5 years; 12 months’ interest for terms of 5 years up to 7 years; 18 months’ interest for terms of 7 years to 10 years

Trustco Bank’s IRA CD specials are mirror images of the bank’s non-IRA CD specials. Both have the same minimum balance and early withdrawal penalties, both come in 6-month and 14-month maturities that pay the same rates, and both have a 10-day grace period after maturity. As with the bank’s regular CDs, customers can deposit or withdraw up to 25% of their original balance once during the term without paying any penalty. There are no taxes or IRS penalties on withdrawals from the CD product, but you may face either or both if you take money out of the IRA account as a whole.

How to get Trustco Bank’s IRA products

As with all Trustco Bank consumer accounts, you can’t open an IRA online. You’ll need to visit a branch and bring proper documentation, such as your valid ID, Social Security number, and funding source, along with relevant personal and financial information.

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How Trustco Bank’s IRA products compare

IRA investors at Trustco bank have a wider range of options than at most banks, with everything from a traditional IRA savings product to a money market and CDs available. Rates are good in the IRA Club account, and high rates can also be achieved with larger deposits in the money market account. CD rates are the same as in the bank’s taxable accounts, with shorter maturities coming in below average while longer maturities, along with the bank’s current CD specials, paying above-average rates. However, you can probably find a better deal on our list of the nation’s best IRA CDs

Overall review of Trustco Bank’s products

Customer accounts overall are a mixed bag at Trustco Bank. There are certainly enough accounts to satisfy those that want to choose from a broad range of options. However, overall, the checking and savings accounts don’t offer anything particularly compelling, other than traditional services like ATM cards and online and mobile banking. The rates paid on all of the bank’s checking and savings accounts are uninspiring.

Things pick up a bit with the bank’s money market, CD, and IRA accounts. Trustco Bank’s single money market account can pay a high yield, but only for the largest deposits.
People shopping for high-yield CDs will want to go out at least 24 months out on the bank’s CD maturity schedule, or pick up one of the current CD specials. The same is true for the bank’s IRA CDs, although the parking place for cash, the IRA Club account, does pay a good yield for money that is waiting to be invested elsewhere.

Some of the more frustrating aspects of the bank are the relative lack of information on its website and the inability to open an account online. In a competitive marketplace that is skewing more and more towards convenience, having to call to get basic information and having to visit a branch to open an account seem anachronistic. Particularly for customers that don’t live near a Trustco Bank branch, better, more convenient banking options can be found elsewhere.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

John Csiszar
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John Csiszar is a writer at MagnifyMoney. You can email John here

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Reviews

Academy Bank Review: Checking, Savings, CD, Money Market and IRA Accounts

Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.

Academy Bank’s checking account options

Simple Checking

This basic-level checking account doesn’t offer much.
  • Minimum opening deposit: $25
  • Monthly account maintenance fee: $10, unless you are signed up for direct deposit or make at least 10 debit card purchases per month.
  • ATM fee: For out-of-network ATMs you’ll pay $2 per withdrawal within the U.S., $2.50 per withdrawal outside of the U.S. and $0.50 for each transaction denied.
  • ATM fee refund: None
  • Overdraft fee: $29 per item, up to a maximum amount of $125 per day. If you have a backup account or line of credit linked up for overdraft protection, you’ll only pay $7 per day that any overdraft transfer occurs.

Academy Bank’s Simple Checking account is best for people who don’t care about earning interest.

Even though this is the most basic checking account that Academy Bank offers, it’s still not free. You’ll need to either be signed up for direct deposit, or make at least 10 debit card purchases per month in order to waive the $10 monthly fee. Even then, that’s assuming you signed up for e-Statements. If you prefer to receive paper statements, you’ll be charged another $4.50 monthly fee.

How to get Academy Bank’s Simple Checking account

You can open an account at a local Academy Bank branch or online. You’ll need to have a valid photo ID in order to complete your application.

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Student Checking

If you’re a student under 23 years old, you qualify for this reduced-price checking account.
  • Minimum opening deposit: $25
  • Monthly account maintenance fee: $5, unless you’re enrolled in online banking and signed up for e-Statements.
  • ATM fee: For out-of-network ATMs you’ll pay $2 per withdrawal within the U.S., $2.50 per withdrawal outside of the U.S., and $0.50 for each transaction denied.
  • ATM fee refund: None
  • Overdraft fee: $29 per item, up to a maximum amount of $125 per day. If you have a backup account or line of credit linked up for overdraft protection, you’ll only pay $7 per day that any overdraft transfer occurs.

This account is specifically designed for students under age 23. “Students” here refer to people enrolled in a college, university, vocational school or high school. You must also be attending school full time, rather than part time.

Just because this is a student checking account doesn’t mean it’s free, however. You’ll still have to pay a $5 monthly fee, although you can get the fee waived. All you have to do is be enrolled in online banking and sign up to receive e-Statements (paper statements are an extra $4.50 monthly fee). As far as fee waivers go, this one’s pretty easy since all you have to do is set up these two requirements once and then you’re done. It’s not as much of a hassle as making sure you make a certain number of debit card transactions per month, for example.

When you turn 24, Academy Bank will notify you that you’ll need to close this account and open a new checking account if you want to continue banking with them.

How to get Academy Bank’s Student Checking account

If you have a valid government-issued ID and a Social Security number, you can sign up for this account online or by visiting a local branch of Academy Bank.

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Select Checking

You can earn a cash back rebate on debit card purchases, but you’ll have to make 80 transactions to make up for the monthly fee.
  • Minimum opening deposit: $25
  • Monthly account maintenance fee: $8
  • ATM fee: For out-of-network ATMs you’ll pay $2 per withdrawal within the U.S., $2.50 per withdrawal outside of the U.S., and $0.50 for each transaction denied.
  • ATM fee refund: None
  • Overdraft fee: $29 per item, up to a maximum amount of $125 per day. If you have a backup account or line of credit linked up for overdraft protection, you’ll only pay $7 per day that any overdraft transfers occur.

This is a strange bank account. At first glance, you’d think it is a great deal because for each debit card purchase you make, you’ll earn a $0.10 rebate, regardless of the purchase amount. These $0.10 rebates are limited to a total rebate of just $8 per month, however — which is exactly the monthly fee on this account.

In other words, you’ll need to make 80 debit card purchases per month in order to earn enough rebates to cancel out the monthly fee. That’s a tall order for anyone to fill. You’d need to make over two purchases every single day of the week in order to meet that quota. So, that rebate doesn’t really sound so good after all.

This account also doesn’t earn any interest, and there’ll be a $4.50 monthly fee if you want paper statements. It does, however, offer an expanded ATM network. You can use any ATM in the 30,000+ MoneyPass ATM network for free (except for the Elite Checking account, this expanded ATM network isn’t available with any other account). You’ll also get free money orders with the account, but since it’s 2018 and not 1998, this perk won’t likely be of much value for you.

How to get Academy Bank’s Select Checking account

You’ll need a Social Security number, a valid ID, an email address and your date of birth in order to open an account online. You may also choose to open an account at a local Academy Bank branch.

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Elite Checking

You can earn a small amount of interest with this account, but you’ll need to keep a large deposit in order to waive the monthly fee.
APYMinimum Balance to Earn APY
0.05%$25-$10,000
0.07%$10,000.01-$25,000
0.08%$25,000.01-$50,000
0.10%Over $50,000.01
  • Minimum opening deposit: $25
  • Monthly account maintenance fee: $10, unless you either keep at least $5,000 in the account each day, or have an average balance of $10,000 per monthly cycle.
  • ATM fee: For out-of-network ATMs you’ll pay $2 per withdrawal within the U.S., $2.50 per withdrawal outside of the U.S., and $0.50 for each transaction denied.
  • ATM fee refund: None
  • Overdraft fee: $29 per item, up to a maximum amount of $125 per day. If you have a backup account or line of credit linked up for overdraft protection, you’ll only pay $7 per day that any overdraft transfer occurs.

If you’d prefer to earn interest on the money sitting around in your checking account, the Elite Checking account is your only option at Academy Bank. But it’ll come at a big cost: a $10 monthly fee. You can get this fee waived if you keep at least $5,000 in the account each day, or maintain an average balance of $10,000 (if you had a very large balance and a smaller balance for a portion of the month, for example). Unlike the rest of Academy Bank’s checking accounts, this one comes with free paper statements if you like.

This account also comes with a smattering of random other banking perks:

  • $250 mortgage closing cost discount
  • 0.25% auto and personal loan discount
  • Free cashier’s checks, money orders and standard paper checks
  • Free access to 30,000+ MoneyPass ATMs

How to get Academy Bank’s Elite Checking account

The fastest and easiest way to open this account is probably online. As long as you have a valid government-issued ID, Social Security number and email address, you can open this account online in just a few minutes. If you prefer to do your banking in person, you can also open an account at a local Academy Bank branch.

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How Academy Bank’s checking accounts compare

If you’re on a quest for high interest rates, Academy Bank is definitely one to skip. The best checking accounts are currently offering 20 times the rate of Academy Bank’s highest-tier account.

Even then, Academy Bank only offers one lone interest-bearing account. Its other checking accounts don’t offer much of anything, besides the ability to write checks. Only two of its accounts come with an expanded ATM network, otherwise you’ll just be stuck to using a limited network of ATMs that Academy Bank itself owns unless you’re willing to pay an ATM fee.

Academy Bank’s savings account options

Savings account

If you like high fees and low interest rates, this is the account for you.
APYMinimum Balance to Earn APY
0.05%$0.01
  • Minimum opening deposit: $25
  • Minimum balance to earn APY: $0.01
  • Monthly account maintenance fee: $5, unless you keep at least $100 in the account
  • ATM fee: For out-of-network ATMs you’ll pay $2 per withdrawal within the U.S., $2.50 per withdrawal outside of the U.S., and $0.50 for each transaction denied.
  • ATM fee refund: None
  • Overdraft fee: $29 per item, up to a maximum amount of $125 per day. If you have a backup account or line of credit linked up for overdraft protection, you’ll only pay $7 per day that any overdraft transfer occurs.

It only takes $25 to open this account and earn interest, but we suggest waiting until you’ve got at least $100 stored up. That’s because you’ll need to keep at least this much in the account in order to avoid a $5 monthly fee. If you want paper statements with that, you’ll have to pay another $4.50 monthly fee.

One thing to note is that Academy Bank does offer a Saving Cents program. With this program, purchases you make with your checking account are rounded up to the nearest dollar and the extra change is transferred into your Savings account at the end of each day in order to help boost your savings. If you’ve enrolled in the program, Academy Bank will waive the minimum opening balance of this Savings account so that you can open it as soon as you like, and they’ll waive the monthly fee for six months. After that period, you’ll need to meet the requirements (i.e., have at least $100 in your savings account) in order to keep getting that monthly fee waived.

This savings account, like all savings and money market accounts, is governed by federal Regulation D. This means you’re allowed up to six certain debits per month, not including ATM, in person or by-mail withdrawals. If you exceed these limits, the bank will charge a $7 per-withdrawal fee.

How to get Academy Bank’s Savings Account

You can open a Savings Account online as long as you have a government-issued ID, Social Security number, mailing address and email address. You can also apply for an account by visiting a local branch of Academy Bank.

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Student Savings

At least this Student Savings account is free.
APYMinimum Balance to Earn APY
0.05%$0.01
  • Minimum opening deposit: None
  • Minimum balance to earn APY: $0.01
  • Monthly account maintenance fee: None
  • ATM fee: For out-of-network ATMs you’ll pay $2 per withdrawal within the U.S., $2.50 per withdrawal outside of the U.S., and $0.50 for each transaction denied.
  • ATM fee refund: None
  • Overdraft fee: $29 per item, up to a maximum amount of $125 per day. If you have a backup account or line of credit linked up for overdraft protection, you’ll only pay $7 per day that any overdraft transfer occurs.

Academy Bank doesn’t offer many free accounts, but this is one exception. The only catch is you’ll need to be a student under age 23 to open this account. Teenagers aged 17 and younger will also need a parent or guardian to jointly open the account with them. This account will come with a $4.50 monthly cost if you prefer to receive paper statements.

Once you turn 23, this account will automatically convert to a regular Savings Account, complete with a minimum balance requirement and a monthly fee. One thing that won’t change, however, is the six debits per month limit. Any related transaction after that is charged a $7 fee. Withdrawals done by ATM, by mail or in person don’t count toward this limit.

How to get Academy Bank’s Student Savings account

If you’re under age 18, you’ll need a parent or guardian to open this account with you. You’ll need a Social Security number and a valid ID. You can open this account online or in person at a branch.

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How Academy Bank’s savings accounts compare

Again, Academy Bank falls far short of its top competitors, especially its online competitors’ savings accounts. The current interest rates being offered on these accounts are very, very poor — about what you would expect when working with a big mega-bank, rather than a small regional bank.

Academy Bank’s Savings account also charges a monthly fee if you don’t keep a certain balance in the account, which we find to be a silly practice when so many savings accounts are free. That’s why we suggest skipping Academy Bank’s savings accounts. You can do much better with other options.

Academy Bank’s CD rates

Certificate of Deposit

These CDs offer good rates for a bank, but you can still find better options elsewhere.
TermAPY
30 days0.50%
91 days0.60%
182 days0.70%
9 months0.85%
12 months (Bonus rate CD special)2.22%
13 months1.86%
15 months1.91%
18 months2.02%
19 months2.12%
24 months (Bonus rate CD special)2.78%
30 months2.47%
36 months2.52%
48 months2.57%
60 months2.68%
  • Minimum opening deposit: $500
  • Minimum balance amount to earn APY: $500
  • Early withdrawal penalty: This will depend on your CD’s term length:
    • If your CD is 30-91 days, you’ll pay 60 days’ worth of interest
    • If your CD is 182 days, you’ll forfeit 182 days’ worth of interest
    • If your CD is 9-48 months, you’ll pay 1 years’ worth of interest
    • If your CD is 60 months, you’ll pay 2 years’ worth of interest

If you don’t mind stashing some money away to use later, a CD might be a good option for you to earn the most interest possible at Academy Bank. It offers a wide range of term lengths ranging from just 30 days all the way out to five years. These CDs also have relatively low minimum deposit amounts, requiring a $500 deposit to get started.

Interest on these CDs is credited either quarterly (for CDs 12 months and over in length) or at maturity (for CDs under 12 months in length). According to a bank representative, when the CD matures, it’ll automatically renew for another term with a 10-day grace period. During this grace period, you can close and withdraw the money from the CD, add more money and/or change the CD’s term length without paying any penalties.

How to get Academy Bank’s CDs

You can easily open a CD account online in just a few minutes as long as you have your Social Security number and a valid ID handy. Otherwise, you can also choose to open a CD at a local branch.

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How Academy Bank’s CD rates compare

Surprisingly, Academy Bank does offer good rates on its CDs, if not its other accounts. Still, if your goal is to earn the most money possible for your deposit, you can earn even higher rates with one of these CDs instead.

Another thing to watch out for with this account is the early withdrawal penalties. They can be quite hefty for some term lengths; for example, if you make an early withdrawal on a 60 month CD, you’ll pay two years’ worth of interest on the amount you withdraw. That fee is a lot higher than at many other banks. If you think there’s a chance you might need to make an early withdrawal, that’s yet another reason to consider a CD at a different bank.

Academy Bank’s money market account option

Premier Money Market

This account offers a special introductory rate — the highest tier level on all balance levels — for the first six months as long as you deposit at least $10,000 into the account.
APYMinimum Balance to Earn APY
0.40%$25-$9,999
0.60%$10,000-$24,999
0.70%$25,000-$49,999
1.11%$50,000-$99,999
1.51%$100,000-$249,999
2.17%Over $250,000
  • Minimum opening deposit: $25
  • Minimum balance to earn APY: $25
  • Monthly account maintenance fee: $10, unless you either keep at least $1,000 in your account at all times, or have an average monthly balance of $5,000 or more.
  • ATM fee: For out-of-network ATMs, you’ll pay $2 per withdrawal within the U.S., $2.50 per withdrawal outside of the U.S., and $0.50 for each transaction denied.
  • ATM fee refund: None
  • Overdraft fee: $29 per item, up to a maximum amount of $125 per day. If you have a backup account or line of credit linked up for overdraft protection, you’ll only pay $7 per day that any overdraft transfer occurs.

Another way to earn higher rates on your savings is by depositing it in a money market account instead. But to do this, we recommend waiting until you’ve got at least $1,000 saved up. If your balance drops below that level on any given day (or if your average balance over the month drops below $5,000), you’ll be charged a $10 fee for that month. You can technically open this account with just $25, but you will owe the monthly fee until you can meet the requirements to waive it. According to a bank representative, this account does come with the ability to write checks.

Since this is a money market account, it’s also subject to federal Regulation D rules. This means certain debits are limited to just six per month, and if you go over that limit, you’ll pay an extra $7 per withdrawal. If you want paper statements each month, you’ll also pay a $4.50 fee per statement.

How to get Academy Bank’s Premier Money Market account

Academy Bank supports online applications, as well as in-person applications at a branch. You’ll need to show your government-issued ID, and disclose your Social Security number in order to open an account.

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How Academy Bank’s money market account compares

Academy Bank offers better rates on its money market account compared with its savings account, but it’s still got a long way to go before it can match its top money market account competitors.

We also want to point out that while you can earn a good interest rate for the $250,000+ tier bracket, it might be a wise idea not to deposit this much in the account if you are lucky enough to have that much. FDIC insurance only covers your deposit up until $250,000, which means that if Academy Bank ever folded, you could lose the money above that amount.

Instead, a better option is to split your deposit amount among higher-yielding money market accounts so that not one account has more than $250,000 in it.

Academy Bank’s IRA account options

IRA CD

Many of these IRA CDs earn even less than Academy Bank’s normal CDs.
TermAPY
30 days0.50%
91 days0.60%
182 days0.70%
9 months0.85%
12 months2.22%
13 months1.86%
15 months1.91%
18 months2.02%
19 months2.12%
24 months2.42%
30 months2.47%
36 months2.52%
48 months2.57%
60 months2.68%
  • Minimum opening deposit: $500
  • Minimum balance amount to earn APY: $500
  • Early withdrawal penalty: This will depend on your CD’s term length:
    • If your CD is 30-91 days, you’ll pay 60 days’ worth of interest
    • If your CD is 182 days, you’ll forfeit 182 days’ worth of interest
    • If your CD is 9-48 months, you’ll pay 1 years’ worth of interest
    • If your CD is 60 months, you’ll pay 2 years’ worth of interest

Saving up for retirement can be a nail-biting experience, especially if the stock and bond market keeps you up at night. If that’s the case, or if you don’t need the high returns that equity markets provide, an IRA CD might be a better option for you to save because it’s FDIC-insured. Deposits up to $250,000 are backed by the government and you’re guaranteed not to lose that money.

These IRA CDs require a relatively small amount to get started — $500. You’ll pay a penalty if you withdraw the money early, unless you’re only withdrawing interest and you’re over age 59 ½.

According to a bank representative, each time an IRA CD matures, it will automatically renew for the same term length. You can continue letting the CD roll over indefinitely, or you can withdraw the money during a brief 10-day grace period after each renewal.

How to get Academy Bank’s IRA CDs

Unlike most of Academy Bank’s accounts, you can’t open this one online. You’ll need to visit a local branch to get this IRA CD. You’ll need to have your valid ID and Social Security number handy in order to complete the account application.

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How Academy Bank’s IRA CD rates compare

Academy Bank offers competitive rates on its IRA CDs. Still, we recommend one of these IRA CDs instead because they offer even higher interest rates. Choosing the highest-yielding IRA CD will help your money grow even more over the long term; an important consideration when saving for the ultimate long-term goal — i.e., retirement.

IRA Money Market

This IRA Money Market account offers decent rates as well.
APYMinimum Balance to Earn APY
0.40%$1,000-$9,999
0.60%$10,000-$24,999
0.70%$25,000-$49,999
0.80%$50,000-$99,999
1.00%$100,000-$249,999
1.10%Over $250,000
  • Minimum opening deposit: $1,000
  • Minimum balance to earn APY: $1,000
  • Monthly account maintenance fee: $10, but only if your account balance drops below $1,000
  • Overdraft fee: $29 per item, up to a maximum amount of $125 per day. If you have a backup account or line of credit linked up for overdraft protection, you’ll only pay $7 per day that any overdraft transfer occurs.

This account is probably best if you already bank with Academy Bank and want to keep your retirement savings relatively liquid so that you can move them around later as you wish (such as to a higher-yielding account type). You can make withdrawals or IRA rollovers at any time (watch out; plain old cash withdrawals are subject to IRS penalties) without paying any Academy Bank-specific fees. However, if you make more than six debits in a month, you’ll have to pay a $7 fee for each related transaction thereafter.

This account does not come with debit cards, ATM cards or checks, meaning that the only way to move money in and out of the account easily is by an ACH transfer. Any interest you earn on the account will be tallied up and deposited into your account once per month.

How to get Academy Bank’s IRA Money Market account

If you’re interested in opening an IRA Money Market account, you’ll need to do it in person at a branch. Since there is no online application, this by definition excludes a lot of people. However, if you are lucky enough to live near a branch, you’ll need to provide your Social Security number and a valid government-issued ID to open this account in person.

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Overall review of Academy Bank’s banking products

Academy Bank does offer higher-than-average rates on its money market and CD accounts. But to be honest, saying a bank account offers higher-than-average rates is like saying a car at the dump can still drive. Most money market accounts and CDs offer laughable rates; just because Academy Bank offers decent rates doesn’t mean you should stop there. There are always better options to be had (unless you actually own one of these higher-yielding accounts, that is).

As far as its checking and savings accounts go — we’re giving these a hard pass. These accounts offer very low — or no — interest payments at all. Furthermore, every single account at Academy Bank charges a monthly fee, except for its CD, IRA CD and Student Savings accounts.

We believe you’ll be happier working with an online bank that offers more consumer-friendly policies and higher interest rates on all of their accounts. But if you prefer to bank in person and Academy Bank just happens to be near you, that’s fine, too. Just watch out for its fees and don’t expect to earn too much from your deposit on most accounts.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Lindsay VanSomeren
Lindsay VanSomeren |

Lindsay VanSomeren is a writer at MagnifyMoney. You can email Lindsay here

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