Savings Accounts for Educators
These dividend-earning accounts are designed especially for school employees who do not receive paychecks over the summer months.
School Employees Level Pay Account
Open this account between June 1 and October 31 and set aside funds each paycheck until summer.* You’ll earn generous share certificate rates** with no monthly service charge. We automatically transfer funds to your checking account during non-paycheck months. The account automatically renews with your first deposit of the new school year. Direct Deposit is required to take advantage of this unique account that maximizes your earnings.
* Early withdrawal penalties apply to Level Pay account. Electronic deposits are required.
** Rates are variable and are subject to change without notice after the account is opened.