Equity BankSavings accountChecked Oct 10, 2026Updated
Equity Simply Savings
1.00%APY on $10,000 · as of Oct 10, 2026
- A year on $10,000
- $100 after fees
- Monthly fee
- $5 a month
- To open
- $100 to open
- On our list
- #73 of 234 savings accounts, by a year’s value on $10,000
Visit EquityThe bank’s own page · checked Oct 10, 2026
What it earns in a year
Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.
| Balance | APY | A year, after fees |
|---|---|---|
| $1,000 | 1.00% | $10 |
| $5,000 | 1.00% | $50 |
| $10,000 | 1.00% | $100 |
| $25,000 | 1.00% | $250 |
| $50,000 | 1.00% | $500 |
| $100,000 | 1.00% | $1,000 |
Rate conditions
Fees
- Monthly fee
- $5 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Any one of these:
- Maintain $200 minimum daily balance.
- Students Under 18: No service charges
- Minimum to open
- $100Source · checked Oct 10, 2026
- Withdrawals a month
- 2Source · checked Oct 10, 2026
- Fee for each withdrawal over the limit
- $1Source · checked Oct 10, 2026
- Paper statements
- $5 a monthSource · checked Oct 10, 2026
Features
Automatic savingsBill payInterest bearing
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money