2% of every deposit1 you make into a GreenState checking account will automatically go to your Rainy Day Savings Account.
If you deposit $100 in your GreenState checking... $2 will go into your Rainy Day Savings and $98 will go into your checking.
Rainy Day Savings is linked to your checking account. If a transaction in your checking account would cause you to overdraft, funds will automatically transfer from your Rainy Day savings account in $100 increments to cover the transaction. The standard $6 auto transfer fee to cover overdrafts is waived when the transfer comes from your Rain Day Savings Account.
Qualifying deposits include: direct deposit, ATM, Remote Deposit Capture check deposits, deposits made at a branch.
APY is Annual Percentage Yield. The rate on this account is variable and subject to change. This account is a tiered rate and will pay the stated rate on average balances up to $2,500.00. Balances of $2,500.00 or greater will earn 0.05% APY.
A minimum balance of $5.00 must always be maintained in the account.
2% of all deposits to a checking account will be automatically transferred to Rainy Day Savings.
Members can unenroll in this program at any time by contacting us at 800-397-3790 and requesting to be removed.