Built for students, start saving for your future and increase your financial health with a Fidelity Bank Scholar Savings account. You can open an account with as little as $25 and earn interest with no fees. A low minimum daily balance requirement lets you save at your own pace while you plan for the future.

Features:

Requirements:

  • Minimum opening deposit of $25
  • Available to students up to age 23, thereafter the account will be converted to a Statement Savings account
  • Minimum daily balance requirements: $50 to obtain the APY*
  • Interest paid on the account quarterly
Effective Date: Sunday November 27, 2022
ProductBalanceAPYRateMinimum to Open

Statement Savings

$0-$99.990.00%0.000%$100
$100 or more0.30%0.300%

Optimum Choice Savings

$0-$99.990.00%0.000%$100
$100-$24,9990.35%0.350%
$25,000 or more0.35%0.350%

Scholar Savings

$0-$49.990.00%0.000%$25
$50 or more0.10%0.100%

Green Team Savings

0.00%0.000%$1
0.15%0.150%

1Accounts will automatically renew at maturity. Penalty may be imposed for early withdrawal.

*Once a year, Fidelity will make a cash deposit equal to 1% of the Green Team member’s balance on a specified date into their Green Team Savings Account. Limit one per account. Maximum cash rebate is $10 per year. May be reported to the IRS for tax purposes. Green Team Accounts open to those under the age of 18.

Need help?

For more information or questions, please contact us by phone at 1-800-388-4380 or email us at Fidelity@fddbank.com.

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