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Impact Savings 

White letters and numbers on a dark blue rectangle displays 1.95% APY* for balances up to $500,000

Impact your bottom line with our new Impact Savings rates. You can earn up to 1.95%APY* on balances up to $500,000. Impact Savings and Impact Checking relationship accounts offer high rates and these great banking benefits:

  • Earn up to 1.95% APY* on balances up to $500,000 in Impact Savings
  • Earn 0.50% APY** on balances up to $10,000 in Impact Checking
  • Reimbursed ATM fees up to $8**
  • State-of-the-art online banking
  • Free mobile banking and deposit

Plus, at Belmont Savings, every dollar is fully insured, even deposits over $250,000. 

Open an account online or fill out the form below and a Banker will reply to you promptly or you can open an account online right now.

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*Annual Percentage Yield (APY) effective as of 7/5/18 for the Impact Savings account. Rate is variable and subject to change without notice. There is a minimum deposit of $10.00 to open account, and a maximum balance of $1,000,000.00. This is a tiered account: Tier 1 for balances up to $250,000.00 the APY is 1.65%; Tier 2 for balances of $250,000.01 to $500,000.00, the APY ranges from 1.65% to 1.95%, Tier 3 for balances of $500,000.01 to $1,000,000.00, the APY ranges from 1.23% to 1.95%, depending on the balance in the account. To earn the APY on your account, you must have an active Impact Checking account with a $10,000 average daily balance or $500 minimum direct deposit(s) within each statement cycle or five debit card POS (pinned or signature) transactions that post and settle in each statement cycle. Each statement cycle the Impact Checking account is non-active, all ATM surcharges apply, a $20.00 monthly service charge will be imposed and, the APY for Impact Checking defaults to 0.10% for the next statement period and the APY for Impact Savings defaults to a rate that is variable and subject to change for the next statement period. The current default rate and account terms can be found at belmontsavings.com/rates.  New money only or this account can be opened with funds from a maturing Belmont Savings Bank CD at its maturity date or CoolBlue Savings, PowerBlue Savings, or Top Tier Savings customers may be transferred to Impact Savings with an additional deposit of $10,000 new to Bank money only.  No other internal transfers from other accounts permitted. Only one Impact Savings account per taxpayer identification number. Offer cannot be combined with any other offers. Consumer accounts only. Terms and conditions are subject to change.

**Annual Percentage Yield (APY) effective as of  7/5/18 for the Impact Checking account. Rate is variable and subject to change without notice. This is a tiered account—for balances up to $10,000.00, the APY is 0.50%. For balances over $10,000.01 up to $1,000,000.00, the APY ranges from 0.01% to 0.50%. There is a minimum deposit of $10.00 to open the account and a maximum balance of $1,000,000.00. For active accounts, up to $8 of ATM fees are reimbursed per statement cycle. To avoid a $20.00 monthly service charge, you must have an active account including $500 minimum direct deposit(s) within each statement cycle or five debit card POS (pinned or signature) transactions that post and settle during each statement cycle or $10,000 average daily balance in the account. If there is no activity in the account for 90 days, a $10 inactivity fee will apply. Each statement cycle the Impact Checking account is inactive, the APY defaults to 0.10% for the next statement cycle and all ATM surcharges for that statement cycle will apply. Consumer accounts only. Terms and conditions are subject to change. 

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