Member Savings Overview No monthly Maintenance Service Charge Tiered rates that increase as your account balance grows View Rates A Good Option If: You want to establish your Elements membership You plan to maintain less than a $2,500 daily balance Read More Open an Account Or Call 1-800-621-2105 Continue Existing Application Compare Member Savings Dividend Rate APY $100.00 - $2,499.99 0.10% 0.10% $2,500.00 - $49,999.99 0.15% 0.15% $50,000.00 and Above 0.20% 0.20% Member Savings Annual Percentage Yield (APY) effective as of April 1, 2023, and may change after account opening without notice. Average daily balance of $100 required to earn dividends. $5 required minimum balance to open the account. No monthly Maintenance Service Charge. Fees may reduce earnings.
High Yield Savings Overview High Yield Savings rate of 4.25% APY1 on balances of $10,000 and greater until October 31, 2023 Represents competitive pricing in the marketplace No monthly Maintenance Service Charge View Rates A Good Option If: You have a high savings balance for which you want to earn a higher yield Read More Open an Account Or Call 1-800-621-2105 Continue Existing Application Compare High Yield Savings Dividend Rate APY $0.01 - $99.99 0.10% 0.10% $100.00 - $2,499.99 0.10% 0.10% $2,500.00 - $9,999.99 0.10% 0.10% $10,000.00 - 24,999.99 4.16% 4.25% $25,000.00 - $49,999.99 4.16% 4.25% $50,000.00 - $99,999.99 4.16% 4.25% $100,000.00 - $249,999.99 4.16% 4.25% $250,000.00 and Above 4.16% 4.25% High Yield Savings promotional Annual Percentage Yield (APY) accurate as of April 1, 2023. High Yield Savings is a tiered savings account paying a variable dividend rate, that may change at any time, on the entire balance in your account based on the rate for the tier corresponding to each day’s daily balance. Balances of $10,000.00 and above will earn a fixed promotional Annual Percentage Yield (APY) of 4.25% until October 31, 2023. The APY is 0.10% on balances up to $9,999.99. The promotional APY is available for new money only which are funds not on deposit at Elements for 90 days prior to opening the High Yield Savings account. Existing Elements members with savings accounts are eligible for the promotional APY upon depositing $25,000.00 or more of new money within 10 days of opening the High Yield Savings account. Existing Elements members with savings accounts with combined daily balances of $2,500.00 or less for the 90 days prior to account opening are excluded from the new money requirement. On November 1, 2023, the promotional APY will automatically convert to the then current non-promotional APY which is variable and may change at any time without notice. Additional information for each tier: A promotional APY of 0.10% applies to accounts with balances from $0.01 to $99.99; from $100.00 to $2,499.99; and from $2,500.00 to $9,999.99. A promotional APY of 4.25% applies to accounts with balances from $10,000.00 to $24,999.99; from $25,000.00 to $49,999.99; from $50,000.00 to $99,999.99; from $100,000.00 to $249,999.99; and $250,000.00 and above. At least one account holder must be 18 years of age. Other qualifications may apply. Promotional offer may be discontinued at any time. Fees may reduce earnings.
Helium Savings Overview No monthly Maintenance Service Charge No minimum average daily balance required to earn dividends View Rates A Good Option If: You like to earn higher dividends on your higher balances Read More Open an Account Or Call 1-800-621-2105 Continue Existing Application Compare Helium Savings Dividend Rate APY $0.01 - $2,499.99 0.10% 0.10% $2,500.00 - $9,999.99 0.99% 1.00% $10,000.00 and Above 0.99% 1.00% Helium Savings Annual Percentage Yield (APY) effective as of April 1, 2023, and may change after account opening without notice. $5 required minimum balance to open the account. No monthly Maintenance Service Charge. Fees may reduce earnings.
Hideaway Savings Overview Add to Hideaway Savings all year Easily transfer funds to your Elements checking account when you’re ready to shop No monthly Maintenance Service Charge No minimum balance View Rates A Good Option If: You like the idea of out of sight, out of mind You want to stash some cash away for a special goal Read More Open an Account Or Call 1-800-621-2105 Continue Existing Application Compare Hideaway Savings Dividend Rate APY $100 and Above 0.20% 0.20% Hideaway Savings Annual Percentage Yield (APY) effective as of April 1, 2023, and may change after account opening without notice. Minimum daily balance of $100 required to earn dividends. Fees may reduce earnings. No monthly Maintenance Service Charge. No minimum balance requirements apply.
Grow Account Overview Special account only for children under age 18 No monthly maintenance or inactive fees Potential to earn bonus dividends View Rates A Good Option If: You want to teach your kids how to save and manage money Read More Download a Membership Application to Get Started Or Call 1-800-621-2105 Compare Grow Account Dividend Rate APY $100 and Above 0.25% 0.25% Grow Account Annual Percentage Yield (APY) effective as of April 1, 2023, and may change after account opening without notice. Minimum daily balance of $100 required to earn dividends. If you maintain a minimum average daily balance (ADB) of $500 for a quarter, you will receive a bonus dividend, paid at the end of the quarter. The bonus dividend will be equal to the cumulative dividends paid during that quarter. Effective July 1, 2023, the bonus dividend will be discontinued. To offset this change, the annual percentage yield will be doubled. The dividend rate and annual percentage yield will continue to be variable and can change at any time. The ADB is calculated by adding the full amount of the principal in the account each day for the period and dividing the figure by the number of days in the period. Fees may reduce earnings. At least one account owner must be 18 years of age or older, and one account owner must be below the age of 18.
Health Savings Account Overview Medical savings account for people enrolled in a high-deductible health plan Contributions can be made by you, your employer, or other individuals Comes with the Elements HSA Visa® Debit Card View Rates A Good Option If: You have a high-deductible health plan (HDHP) You want a safe and convenient way to pay for health expenses You want to save for future medical expenses on a tax-free basis Read More Open an Account Or Call 1-800-621-2105 Continue Existing Application Compare Health Savings Account (HSA) Dividend Rate APY $0.01- $2,499.99 0.10% 0.10% $2,500.00 - $9,999.99 0.30% 0.30% $10,000.00 - $24,999.99 0.30% 0.30% $25,000.00 and Above 0.49% 0.50% Health Savings Account Annual Percentage Yield (APY) effective as of April 1, 2023, and may change after account opening without notice. Fees may reduce earnings.
Certificates Overview Similar to a CD at a bank Higher rate than most regular savings accounts Available in amounts of $1,000 or more (as little as $500 if under age 18)2 Terms from 6 months to 5 years View Rates A Good Option If: You want a more predictable savings balance You want to diversify beyond traditional savings accounts and other investments Trade-off: Must wait to access funds until the Certificate term is up Read More Buy a Certificate Or Call 1-800-621-2105 Continue Existing Application Compare Certificate Dividend Rate APY 6 Month Term 2.43% 2.50% 8 Month Term Special* 4.34% 4.50% 1 Year Term 2.53% 2.60% 13 Month Term Special* 4.34% 4.50% 18 Month Term Special* 4.34% 4.50% 2 Year Term 2.63% 2.70% 3 Year Term 2.72% 2.80% 4 Year Term 2.82% 2.90% 5 Year Term 2.91% 3.00% Certificate Annual Percentage Yield (APY) effective as of April 1, 2023, and may change without notice. Fees may reduce earnings. Penalty for early withdrawal. *Limited Time Certificates Special — Limited-time offer may be withdrawn at any time. Unless redeemed, upon maturity, the 8-month certificate will automatically reinvest into a 6-month certificate at the then current APY; the 13-month certificate will automatically reinvest into a 12-month certificate at the then current APY; the 18-month certificate will automatically reinvest into an 18-month certificate at the then current APY. Minimum certificate deposit of $1,000. Minimum required to open a child’s certificate is $500; child must be under 18 years of age. Minimum of $500 balance required to earn dividends. We may impose a penalty if you withdraw any of the principal before maturity. Elements reserves the right to limit the balance of a certificate at any time.
Traditional and Roth IRAs Overview Save for retirement at any age in a tax-advantaged way Choose between tax-deductible contributions (Traditional IRA) or tax-free withdrawals (Roth IRA) Contribute up to $6,000 per tax year View Rates A Good Option If: You are self-employed or don’t have access to an employer-sponsored plan like a 401(k) You’ve maxed out your 401(k) contribution Trade-off: IRAs can have lower contribution limits than 401(k)s Read More Call to Open an IRA1-800-621-2105 Compare IRAs Dividend Rate APY 6 Month Term 2.43% 2.50% 8 Month Term Special* 4.34% 4.50% 1 Year Term 2.53% 2.60% 13 Month Term Special* 4.34% 4.50% 18 Month Term Special* 4.34% 4.50% 2 Year Term 2.63% 2.70% 3 Year Term 2.72% 2.80% 4 Year Term 2.82% 2.90% 5 Year Term 2.91% 3.00% IRA Annual Percentage Yield (APY) effective as of April 1, 2023, and may change without notice. Fees may reduce earnings. *Limited Time Certificates Special — Limited-time offer may be withdrawn at any time. Unless redeemed, upon maturity, the 8-month certificate will automatically reinvest into a 6-month certificate at the then current APY; the 13-month certificate will automatically reinvest into a 12-month certificate at the then current APY; the 18-month certificate will automatically reinvest into an 18-month certificate at the then current APY. Elements reserves the right to limit the balance of a certificate at any time.
Trust Accounts Four Types of Trust Accounts: Trust-Owned Account—for revocable trusts Uniform Transfer to Minors Act (UTMA) Account—custodial account for minors Representative Payee Account—for receivers of benefits from the Social Security Administration on behalf of another person Guardianship Account—for guardians to manage funds of a ward A Good Option If: You need to manage funds on behalf of a third party Read More Call to Open a Trust Account1-800-621-2105 Compare
