Meridian High Yield Savings

Earn a competitive rate on your savings with no minimum balance to open. FDIC insured. Access your money anytime through online and mobile banking.

$5/mo service fee, or $0 with $300+ minimum daily balance or linked checking

Account Summary

APY4.25%
Monthly fee$5 or $0
Min. to open$0
Interest compoundingDaily
FDIC insuredUp to $250,000

Why save with Meridian?

A high-yield savings account that helps your money work harder for you.

Competitive APY

Earn 4.25% APY on your entire balance — significantly higher than the national average savings rate.

No Minimum Balance

Open your account with any amount. No minimum balance required to earn interest.

Autosave Feature

Set up automatic transfers from your checking account to build savings effortlessly.

Mobile Access

Check your balance, set up transfers, and track savings goals from anywhere with the app.

FDIC Insured

Your deposits are insured up to $250,000 per depositor, per ownership category.

Linked Checking Bonus

Waive the monthly fee by linking to any Meridian personal checking account.

How to get started

1

Open online in minutes

Apply online with just your ID, SSN, and an initial deposit of any amount.

2

Set up autosave

Schedule automatic transfers from your checking to build savings consistently.

3

Watch your money grow

Earn interest daily, compounded and credited monthly to your account.

FDIC Insured

Up to $250,000 per depositor

Secure Banking

256-bit encryption

No Hidden Fees

Transparent fee structure

Real-Time Alerts

Instant balance notifications

Ready to start saving?

Open a High Yield Savings account in minutes. No minimum balance to get started.

Common questions

What is the current APY?
Is there a minimum balance to earn interest?
How often is interest paid?
Can I access my money anytime?
How do I waive the monthly fee?

Questions about savings?

Call 1-800-MERIDIAN or visit a branch.

FDIC
Meridian Bank deposit products: FDIC-Insured · Equal Housing Lender

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