MoneyRates Blog

Simple Savings Account from SavingsSquare Yielding 3.50%

April 6, 2008
By MoneyRates team | Money-Rates Columnist

Like many traditional brick-and-mortar banks Kirkpatrick Bank has an online alter-ego in Savingssquare.com which is the online division of the FDIC-insured Oklahoma-based bank. The Savings Square site is as simplistic and easy-to-navigate as one can find in online banking. The one and only product promoted on the site is the Square Savings Account which is currently yielding 3.50%. Account featured include:

-the minimum initial deposit is $1 to open an account.
-the maximum initial deposit is $100,000.
-there are no periodic fees or charges.
-there are no minimum balance requirements.
-monthly statements are delivered electronically.
-your initial deposit can be made electronically from your existing bank. Once your Square Savings Account is active, you can connect your Square to your existing accounts for additional deposits or withdrawals. A connection can only be made with accounts having the same owner and must be able to accept electronic funds transfers.

The Square Savings Account can be opened online at savingssquare.com.

More savings account rates listed here.

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1 Comment »

  1. Anonymous April 15, 2008 Frank says:

    3.25% now

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