Jumbo Deposit Savings Account
One Rewarding Savings Account
Our Jumbo Deposit Account is an interest-bearing savings account with flexible options to ensure deposits up to $7 million can be fully FDIC insured.
2.04% APY*
With a minimum balance of $100,000
3.02% APY*
With a minimum balance of $230,000
1.01% APY*
With a minimum balance of $.01
JUMBO DEPOSIT ACCOUNT FEATURES:
- Deposits insured by the FDIC to the maximum allowed by law. Insured Cash Sweep application required for up to $7 million of FDIC insurance.
- Minimum Opening Deposit: $1,000.00
- Minimum Balance: $0.01 Interest: Compounded and credited monthly
This is an all-electronic account that must be managed online. No checks or debit cards are available with this account. No maturity date; no early withdrawal penalty.
1APY = Annual Percentage Yield. Fees may reduce earnings. Interest rate is variable and may change after the account is opened.
$15 per month fee if paper statements are mailed through the US Mail. $30 wire transfer fee waived for one outgoing domestic wire transfer per month. Unlimited incoming domestic wires at no charge. No financial institutions and brokers.
1APY = Annual Percentage Yield. Fees may reduce earnings. Interest rate is variable and may change after the account is opened.
$15 per month fee if paper statements are mailed through the US Mail. $30 wire transfer fee waived for one outgoing domestic wire transfer per month. Unlimited incoming domestic wires at no charge. No financial institutions and brokers.
Interest Rates Effective Since December 27, 2022.
Juanita Schmunk
Physician Private Banker
- NMLS #2264168
- juanita@www.physicianbank.com
Dedicated Support
Custom Solutions
Incentives
Exclusive Bank Account Privileges
Financial tools and services for physicians in all 50 U.S. states. Contact us today to learn more.
The 100% financing option while we started our first post-residency job, their rapid and efficient response rate to our questions and our numerous changes in schedule that occurred with our builder, and the absence of PMI were all extremely helpful.
Dr. David Ogden, UT