FAIB offers the following savings accounts for you to keep your money safe:

Statement Savings

An easy way to save for tomorrow

  • Low minimum opening deposit: $100
  • 24-hour ATM card access
  • Receive monthly statements for recordkeeping and reconciliation
  • Combined statement is free; you can archive documents and have the ability to see all your FAIB accounts on one statement
  • Earn interest every day; compounded daily so you can earn more interest
  • Interest is credited monthly
  • No fee when average daily ledger balance is $500 or more; $3 per month if below $500

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Passbook Savings

Keep a personal passbook with up-to-date transactions and balances

  • Low minimum opening deposit: $100
  • Passbook issued for easy recordkeeping
  • Earn interest every day; compounded daily so you can earn more interest
  • Interest is credited monthly
  • No fee when average daily ledger balance is $500 or more; $3 per month if below $500

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Super Saver Statement Savings

Earn higher interest than a regular Statement Savings account

  • Minimum opening deposit: $2,000
  • Earn higher interest than regular savings accounts
  • 24-hour ATM card access
  • Receive monthly statements for recordkeeping and reconciliation
  • Combined statement is free; you can archive documents and have the ability to see all your FAIB accounts on one statement 
  • Earn interest every day; compounded daily so you can earn more interest
  • Interest is credited monthly
  • Free access to your money any time at any FAIB ATM
  • No fee when average daily ledger balance is $2,000 or more; $8 per month if below $2,000

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Super Saver Passbook Savings

Keep a personal passbook and earn higher interest than a regular Passbook Savings

  • Minimum opening deposit: $2,000
  • Earn higher interest than regular savings accounts
  • Earn interest every day; compounded daily so you can earn more interest
  • Interest is credited monthly
  • Free access to your money any time
  • Passbook issued for easy recordkeeping
  • No fee when average daily ledger balance is $2,000 or more; $8 per month if below $2,000

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High Yield Passbook Savings

Keep a personal passbook and earn higher interest than Super Saver Passbook Savings

  • Minimum opening balance: $10,000
  • Free access of your money any time
  • Passbook issued for easy recordkeeping
  • Earn interest every day, compounded daily so you can earn more interest
  • Interest is credited monthly
  • Earn high interest rate every day when your account balance is $10,000 or more. When your account balance falls below $10,000, regular passbook savings account interest rate will apply for that day’s balance
  • No monthly fee when average daily ledger balance is $500 or more; $3 per month if below $500

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Special Statement Savings

For seniors and students who want an easy way to save

  • Eligible for seniors (over 62 years old) and students to enjoy
  • Low minimum opening deposit: $100
  • 24-hour ATM card access
  • Receive monthly statements for recordkeeping and reconciliation
  • Combined statement is free; you can archive documents and have the ability to see all your FAIB accounts on one statement
  • Earn interest every day; compounded daily so you can earn more interest
  • Interest is credited monthly
  • No transaction charge
  • No fee when average daily ledger balance is $100 or more; $3 per month if below $100

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Special Passbook Savings

For seniors and students who prefer to keep a personal passbook for recordkeeping

  • Eligible for seniors (over 62 years old) and students to enjoy
  • Low minimum opening deposit: $100
  • Passbook issued for easy recordkeeping
  • Earn interest every day; compounded daily so you can earn more interest
  • Interest is credited monthly
  • No fee when average daily ledger balance is $100 or more; $3 per month if below $100

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Person with a piggy bank Start saving now to bring yourself closer to your financial goals

Stock photo of 2 Asian girls putting coins into the piggy bank Safe and convenient way to save your money