Tiered Savings

With an ESL Tiered Savings Account, it earns like a Certificate but acts like a Savings Account.

• Grow your savings. Maximize your returns with the competitive rates a Tiered Savings Account offers.
• Earn higher dividends, with our highest yielding savings account. With a simple tiered rate structure, the larger your balance, the higher your Annual Percentage Yield (APY).
• Get peace of mind. Your money (up to $250,000) is insured by the National Credit Union Administration (NCUA).
• Take advantage of our unique Owners’ Dividend.² The monthly average balance in your Tiered Savings Account is eligible for this great ESL extra.

Enjoy the Convenience of Saving with ESL.

• Enjoy liquid access to your money whenever you want by making a withdrawal at any ESL branch or ATM, or by transferring between accounts online.
• Make deposits how and when you want at our branches and ATMs through payroll deposit, direct deposit, and mobile deposit.
• View your account balance and transaction information quickly and easily with online banking and mobile banking.

Start Saving

• Open your Tiered Savings Account with $10,000 or more.
• Earn higher rates with larger balances (see our tiered rate structure).
• Rates are variable and may change after you open your account.
• Dividends are paid monthly.

Manage Your Account

• Deposits can be made at any ESL branch or ATM or through ESL Mobile Deposit, payroll deduction, or direct deposit.
• Electronic withdrawals and transfers include:
• Online and mobile banking transfers
• TEL-E$L transfers
• Automatic Clearing House (ACH) withdrawals
• Transfers made over the phone with help from an ESL representative or with chat banking

Minimum Balance

• No minimum balance fees with an average monthly balance of $50,000 or more.
• If your average monthly balance falls below $50,000, your account will be charged a fee for that month (see Fees tab).

Learn about the most common fees that are incurred on ESL savings accounts. Click here for a complete listing of all ESL fees.

Your Tiered Savings Account includes free access to and use of online and mobile banking to check accounts, transfer money, or manage your personal information. This includes online and mobile bill pay and mobile deposit.