Savings Account Rates: .90% APY at The Cleveland Bank

The Cleveland Bank has a 100-year history of providing financial services to the city of Cleveland and surrounding neighborhoods, offering depositors some of the area’s best savings account rates. The company was originally founded in 1901 as the Triangle Bank and received the odd moniker because of the construction of the entrance way to the building. Since the founding, the financial institution’s assets have grown from $7,000 to $43,000,000 today.

The Cleveland Bank savings account rates are some of the most competitive out there. If you are interested in storing your money into an interest-bearing savings account, then there are some simple terms you must follow in order to earn your rate of return:

• $100 minimum opening balance required
• $100 daily balance required to earn interest and avoid fees
• If balance drops under stated amount, a $3 fee may be charged
• Interest paid quarterly
• After opening, the bank may lower interest rate, however, they will notify account holders within 30 days of the change
• Interest calculated by average daily balance method
• It is important to note that this financial institution “has chosen not to participate in the FDIC’s Transaction Account Guarantee Program.”

The Cleveland Bank is based in Oklahoma. The financial institution has one location at 100 North Broadway.

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Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.