Friends Bank Savings Account Rates

Friends Bank of New Smyrna Beach, Florida, is offering twenty different types of savings accounts. The bank has tiered savings account rates, a Christmas club savings account, a minor savings account and business savings accounts.

The bank's best savings account rate is on their Friends Treasure savings account and their Friends Business savings account. The current savings rate is 1.14 percent with an annual percentage yield (APY) of 1.15 percent.



Friends Bank Savings Account Rates




  • Friends Merit Account = $2499.99 and under 0.4988% Rate 0.50% APY


  • Friends Merit Account = $2500 - $24,999.99 0.4988% Rate 0.50% APY Min $2,500.00


  • Friends Merit Account = $25,000 and over 0.7472% Rate 0.75% APY Min $25,000.00


  • Friends Choice Account=$2499.99 and under 0.4988% Rate 0.50% APY


  • Friends Choice Account=$2500 - $24999.99 0.4988% Rate 0.5% APY Min $2,500.00


  • Friends Choice Account = $25,000 and over 0.7472% Rate 0.75% APY Min $25,000.00


  • Friends Sensible Savings Account 0.4988% Rate 0.50% APY Min $100.00


  • Friends Treasure Savings Account $1,000 - $4,999.99 0.2497% Rate 0.25% APY Min $1,000.00


  • Friends Treasure Acct = $5000 - $24,999.99 0.4988% Rate 0.50% APY Min $5,000.00


  • Friends Treasure Acct=$25,000 - $49,999.99 0.4988% Rate 0.50% APY Min $25,000.00


  • Friends Treasure Acct=$50,000 - $99,999.99 0.7472% Rate 0.75% APY Min $50,000.00


  • Friends Treasure Acct=$100,000 and over 1.1435% Rate 1.15% APY Min $100,000.00


  • Christmas Cash Savings Account 0.7472% Rate 0.75% APY Min $5.00


  • Young Friends Savings 0.4988% Rate 0.50% APY


  • Friends Bus. Advantage = $1000-$4999.99 0.2497% Rate 0.25% APY Min $1,000.00


  • Friends Bus. Advantage = $5000-$24999.99 0.4988% Rate 0.50% APY Min $5,000.00


Savings accounts at Friends Bank are insured for up to $250,000 by the FDIC. For a list of more current savings account rates visit friendsbank.com.

 
Author: Brian McKay
May 7th, 2010