Mechanics BankSavings accountChecked Oct 10, 2026Updated
Mechanics Personal Savings
$5monthly fee
- A year on $10,000
- $0 after fees
- To open
- $25 to open
Visit MechanicsThe 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 | – | $0 |
| $5,000 | – | $0 |
| $10,000 | – | $0 |
| $25,000 | – | $0 |
| $50,000 | – | $0 |
| $100,000 | – | $0 |
Fees
- Monthly fee
- $5 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Any one of these:
- an average monthly collected balance of $300
- students age 18 through 24
- minors
- accounts linked with a personal checking account for overdraft protection
- Minimum to open
- $25Source · checked Oct 10, 2026
- ATM network
- partner ATM networkSource · checked Oct 10, 2026
Who can open it
- Where
- Near its branchesSource · checked Oct 10, 2026
Features
Branch accessCard lockDebit cardInterest bearingITIN acceptedMobile check depositMobile walletSpending alerts
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. Not all of this account’s figures are on record yet (rate missing). Report a mistake · How we make money