Acacia Federal Savings Bank Savings Account

Acacia Federal Savings Bank (Acacia Federal), based in Falls Church, VA, is offering the following bank retail deposit products. The bank offers certificates of deposit, a savings account and a money market account that pays a tiered interest rate.

Acacia's Sensible Savings Account is currently paying an interest rate of 1.00 percent with an annual percentage yield (APY) of 1.00 percent. All savings account balances earn an APY of 1.00 percent.

Savings Account Benefits:

  • The bank offers a very good savings account rate.

  • You can do free automatic transfers by arranging to transfer funds monthly from another account at Acacia Federal or from your account at another bank to your Sensible Savings Account

  • Low Initial Deposit

  • No Monthly Maintenance Fees.

  • Convenient Access to Funds. With an Acacia Federal Choice Checking Account and Visa Check Card, you can add your savings to your Visa Check Card for ATM access.

  • 24/7 Access to Account Information

Acacia Federal, a subsidiary of the Acacia Life Insurance Company, has been operating in the Washington DC Metro area since it opened in March 1985.
Author: Lisa Graham
March 7th, 2010