The Armed Forces Bank High Yield Savings Account offers a straightforward way to save and grow your funds. With a competitive interest rate of 0.03% APY on all balances, this account encourages savings with features like automatic transfers from checking to savings when you use your debit card. A minimum deposit of $25 is required to open an account, and maintaining a $100 average balance each statement cycle waives the monthly service fee. Additionally, the account supports mobile banking for easy management and monitoring of your funds. It's an ideal choice for those looking to build their savings efficiently.
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