High Yield Savings

The CoVantageGO Digital Account puts you in control.

When you open a CoVantageGO Digital Account, you can enjoy access to not just savings, but our full array of products and services through our digital channels. When you receive e-Statements and use your debit card, you'll earn more money on your savings - currently 0.35 % APY !

Your CoVantageGO high yield savings account also comes with a checking account with debit card, and e-Statements.* Plus:

No monthly fees and no minimum balance to maintain**
24/7 account management through MyCoVantage Online Banking and MyCoVantage Mobile Banking, including bill pay and remote deposit
Easy withdrawals from your checking account by ATM/Debit Card
Enjoy a paperless experience with e-Statements, tax forms, and loan documents
As part of a cooperative, have the opportunity to receive a bonus***

Savings & Checking Rates

Annual Percentage Yields (APY) effective 07/31/2021 and subject to change. APY (Annual Percentage Yield) refers to the interest paid on a dividend account over a year’s time. Unlike Rate, APY reflects interest paid on interest. This is why APY is higher than Rate.

Type	Rate	APY	Minimum Deposit
Savings	0.250%	0.25%	$10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
Misc. Savings	0.250%	0.25%	$10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
Christmas Club	0.250%	0.25%	$10.00 Minimum. Dividend computed on daily balance and credited to account monthly. Account balance is paid out 10/31.
Checking	0.100%	0.10%	Dividend credited to account monthly. Account must maintain a minimum daily balance of $500.00 to earn a dividend.
IRA Account	0.499%	0.50%	$10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
GO Savings	0.349%	0.35%	$10.00 Minimum. Dividend computed on daily balance and credited to account monthly. Must enroll in e-Statements and have a debit card.
Funeral Account	0.499%	0.50%	$10.00 Minimum. Dividend computed on daily balance and credited to account monthly.

Next Steps

MyCoVantage Users

*Annual Percentage Yields (APY) effective 12/1/2020 and subject to change. Your CoVantageGO account requires enrollment in e-Statements and a debit card.

**Overdraft fees may apply. A fee of $2.50 will be assessed when an automatic savings transfer is made.

***While not guaranteed, a patronage payment has been returned to borrowing and saving members since 1980.

To learn more about a CoVantageGO account, check out our Frequently Asked Questions.

Important information about procedures for opening a new account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

High Yield Savings

The CoVantageGO Digital Account puts you in control.

Savings & Checking Rates

Next Steps

MyCoVantage Users

Why CoVantage?

Budgeting tips

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