SuperMoney
  New York Community Bank My Community Savings Account
New York Community Bank My Community Savings Account Unaffiliated

New York Community Bank My Community Savings Account

Unaffiliated
Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend New York Community Bank My Community Savings Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee $0 - $5
APY (Annual Percentage Yield) N/A
Minimum Balance to Earn APY $200

New York Community Bank My Community Savings Account Review

New York Community Bank My Community Savings Account is offered by New York Community Bank, founded in 1859 and based in Westbury, NY. New York Community Bank My Community Savings Account are available in 5 states across the USA.

Key Takeaways

  • $0 monthly account fees available. This account charges a monthly service fee of up to $5, but the fee is waived if you keep a minimum balance of $500.
  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • No ATM fees. New York Community Bank My Community Savings Account does not charge fees on ATM transactions.

New York Community Bank My Community savings account Pros & Cons

Pros Cons
  • Access to physical branches.
  • No signup bonus.
  • Does not earn interest.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Only available in 5 states.
  • Monthly service charge.

New York Community Bank My Community savings account FAQ

Are savings accounts from New York Community Bank federally insured?

Yes, your New York Community Bank savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). 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 New York Community Bank offer a signup bonus?

New York Community Bank My Community savings account doesn't offer a signup bonus.

What is the minimum initial deposit for New York Community Bank My Community savings account?

The minimum deposit to open a New York Community Bank My Community savings account is $100.
New York Community Bank My Community Savings Account Minimums
Description
Minimum Balance to Avoid Monthly Fee Starting at $500
Minimum Balance to Earn APY $200
Minimum Opening Deposit Starting at $100

What APY does New York Community Bank My Community Savings Account offer?

New York Community Bank My Community savings account is not an interest-bearing account.

What fees does New York Community Bank My Community savings account charge?

New York Community Bank My Community 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 $500.

What features and perks does New York Community Bank My Community savings account offer?

This savings account includes the following features:

  • Fraud monitoring - New York Community Bank My Community savings account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.
  • Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - New York Community Bank My Community savings account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

Can you set up a direct deposit to New York Community Bank My Community 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 New York Community Bank My Community savings account?

The customer support email for New York Community Bank My Community savings account is ContactUs@myNYCB.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.

Other Savings Accounts by New York Community Bank

Loading...

Availability

  Available in 5 states
  • Arizona
  • Florida
  • New Jersey
  • New York
  • Ohio

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $500
Minimum Balance to Earn APY $200
Minimum Opening Deposit Starting at $100
Monthly Fee $0 - $5
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Social Security Number
Bauer Financial A+/A Rating
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Bauer Financial A+/A Rating
  • Branch Access

Be the first to rate

 

Would you recommend New York Community Bank My Community 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