CFG Bank Savings Account

CFG Bank Savings Account Review

CFG Bank Savings Account is offered by CFG Bank, founded in 1997 and based in Baltimore, MD. CFG Bank Savings Account are available in 50 states (and Washington, DC).

Key Takeaways

• $500 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.

CFG Bank Savings Account Pros & Cons

CFG Bank Savings Account FAQ

Are savings accounts from CFG Bank federally insured?

No, your CFG Bank savings accounts are not insured by a federal insurance agency. This means that if CFG Bank were to fall into financial difficulties, your deposits are not covered by a government-backed insurance fund like the FDIC or NCUSIF.

Does CFG Bank offer a signup bonus?

CFG Bank Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for CFG Bank Savings Account?

What APY does CFG Bank Savings Account offer?

CFG Bank Savings Account is not an interest-bearing account.

What fees does CFG Bank Savings Account charge?

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

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

Yes, you can typically set up a direct deposit to this account. 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 CFG Bank Savings Account?

The customer support email for CFG Bank Savings Account is customerservice@cfg.bank.