SuperMoney
  Capital Bank Personal Savings Account

Capital Bank Personal Savings Account

in Savings Accounts from Capital Bank · fdic

Unaffiliated

Capital Bank Personal Savings Account

Unaffiliated

in Savings Accounts from Capital Bank · Member FDIC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Capital Bank Personal Savings Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee $0 - $3
APY (Annual Percentage Yield) 0% - 0.02%
APY Minimum Balance $250

Capital Bank Personal Savings Account Review

Capital Bank Personal Savings Account is offered by Capital Bank, a bank founded in 1995 and based in Albany, NY. Capital Bank Personal Savings Account is available in 2 states across the USA.

Key Takeaways
  • Low APY. The maximum annual percentage yield for this account is only 0.02%.
  • Charges a monthly fee. This account charges a monthly service fee of up to $3, but the fee is waived if you keep a minimum balance of $250.
Capital Bank Personal Savings Account Pros & Cons
Pros Cons
  • Interest-yielding account.
  • Access to physical branches.
  • No signup bonus.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Only available in 2 states.
  • Higher than average wire transfer fees.
  • Monthly service charge.
Capital Bank Personal Savings Account FAQ

Are savings accounts from Capital Bank federally insured?

Yes, your Capital Bank savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #597). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Capital Bank offer a signup bonus?

Capital Bank Personal Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for Capital Bank Personal Savings Account?

The minimum deposit to open a Capital Bank Personal Savings Account is $25.
Capital Bank Personal Savings Account Minimums
Description
APY Minimum Balance $250
Minimum Balance to Avoid Monthly Fee Starting at $250
Minimum Opening Deposit Starting at $25
Minimum Required Balance $250

What APY does Capital Bank offer?

Capital Bank Personal Savings Account offers an APY and ranging up to 0.02% (APY stands for annual percentage yield, rates may change).

What fees does Capital Bank Personal Savings Account charge?

Capital Bank Personal Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fees if you have a minimum daily balance of $250.

  • Outgoing domestic bank transfers come with a $25 fee.
  • Incoming domestic bank transfers come with a $15 fee.
  • Outgoing international bank transfers come with a $40 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Incoming international bank transfers come with a $15 fee.

What features and perks does Capital Bank Personal Savings Account offer?

This savings account includes the following features:

Can you set up a direct deposit to Capital Bank Personal Savings Account?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Capital Bank Personal Savings Account?

The customer support email for Capital Bank Personal Savings Account is contactgroup@chemungcanal.com.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 2 states
  • New York
  • Pennsylvania

Feature Breakdown

APY Minimum Balance $250
Minimum Balance to Avoid Monthly Fee Starting at $250
Minimum Opening Deposit Starting at $25
Minimum Required Balance $250
Monthly Fee $0 - $3
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40
Account Features
  • Member FDIC
  • Branch Access
  • Automatic Transfers
  • Interest Bearing Account
APY (Annual Percentage Yield) 0% - 0.02%

Be the first to rate

 

Would you recommend Capital Bank Personal Savings Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Savings Accounts

Capital Bank Savings Accounts

Loading...