Grow your saved cash at an extraordinary rate.
Experience a savings rate 15x higher than the industry average.** Our High-Yield Savings Account (HYSA) is the ideal place to grow your emergency fund or save for short-term goals. Enjoy an earnings rate comparable to our Certificates but with more flexibility.
And the best part? No hefty requirements to enjoy this exceptional rate!
Here's what our HYSA offers:
- Earn 3.50% APY* on all balance tiers
- No minimum balance
- No monthly fees
- No direct deposit required
- In-person access at 5,000+ Shared Branches
- 24/7 access with Online & Mobile Banking
Ready to open your HYSA?
Use the form below to get started.
Start adding fuel to your savings today.
Use this form to request your High-Yield Savings Account. We will contact you if more info is required.
Not a member? No problem.
Our HYSA has a higher rate with fewer requirements than our Money Market Savings, leading many members to ask, "What's the catch?" The simple answer is that the HYSA is slightly less accessible.
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Withdrawal Limit: The HYSA is the only savings account with a limit of six free withdrawals* per month, so it’s not ideal for overdraft protection.
- Internal Transfers Only: The HYSA is enabled for internal transfers through online banking. For external transfers, simply move the funds to your regular RFCU savings or checking account first.
That's it - just two small restrictions to help you save your hard-earned cash at an extraordinary rate!
Our High-Yield Savings Account rate is variable and is reviewed monthly. Looking for a fixed rate with a set term? Check out our Certificates.
High-Yield Savings Accounts (HYSAs) are trending on the internet, so we know you have a lot of options to choose from. Here are a few reasons to save with your credit union instead of an online bank:
- Cash Access Nearly Everywhere: If your savings account is also your emergency fund, you may need access to a chunk of your cash unexpectedly. RiverLand has a vast network of Shared Credit Union Branches located across the U.S. At Shared Branches, you can withdraw cash directly from your savings account, no debit card needed. Online banks may require you to have a checking account and go to an ATM to make a limited withdrawal.
- Trust & Financial Security: RiverLand has been serving its members since 1978, and we have remained well-capitalized. We don't take huge risks with our members' money, so you can rest assured that your funds are safe and federally insured with us.
- Loan Rate Trade-Off: Ever wonder why big banks can afford to pay their customers higher savings rates? It's partly because they charge extraordinarily high loan rates and fees on other accounts. That's not our style. We keep our loans affordable and our savings rates competitive. You always get a sweet deal with us.
*APY = Annual Percentage Yield. Rate is effective as of December 21, 2024 and is subject to change without notice. After 6 free withdrawals per calendar month a $10 fee per withdrawal will be assessed. Restrictions and limitations apply. Call for details. **Comparison based on the national average of bank savings rates of .22% APY as of 9/1/2024 sourced from the National Association of Federal Credit Unions in cooperation with SNL Financial and Datatrac Corp.