Personal Savings

Grow your money faster with member-rate APY, $0 monthly fee, and no minimum balance. FDIC-insured and built to beat the big-name online banks.

Member-Rate APY $0 Minimum FDIC-Insured

Features

Savings that actually grows.

High yield, no fees, no minimums.

Member-Rate APY

Earn a competitive APY across MyStart, MyWay, MyGrowth, and MyReserve savings tiers.

No Fees, No Minimum

No monthly maintenance fee and no minimum balance to earn your rate.

Automatic Saving

Set round-ups and recurring transfers to build savings on autopilot.

FDIC-Insured

Your savings are protected up to applicable FDIC limits.

Products & Rates

Compare savings rates and tiers.

See RMO savings tiers and APYs, plus how they stack up against the leading online banks.

View Savings Products →

See how RMO compares:

vs. Marcus → vs. Ally → vs. SoFi → vs. Discover → vs. Amex HYSA → vs. Capital One 360 →

Learn

New to banking with RMO?

Our plain-English banking guides explain how to choose an account, how FDIC insurance works, savings vs. CDs, avoiding fees, and more.

Read the Banking Guides →

FAQ

Frequently asked questions

How is the APY set?

RMO savings APY is a member-rate set to stay competitive with leading high-yield online savings accounts. Current rates are shown on the products page.

Is there a minimum balance?

No. RMO savings has no minimum balance requirement and no monthly maintenance fee.

What's the difference between savings, a CD, and a money market account?

Savings gives you flexible access and a variable rate; a CD locks a fixed rate for a set term; a money market account blends yield with check/debit access. See our guides for a full comparison.

Support

How can we help?

We're here whenever you need us.

FAQs

Find answers to common questions about accounts, fees, and services.

Talk to Us

Reach our member services team by phone, email, or chat for personalized help.

Visit Us

Find a retail center near you for in-person service, appointments, and support.

FDIC Insurance. RMO Bank deposit accounts are FDIC-insured up to applicable limits ($250,000 per depositor, per insured bank, per ownership category). APYs and fees are accurate as of the date shown on each product page and are subject to change without notice. Fees may reduce earnings. Check-cashing and currency-exchange services are offered through RMO Financial and are not deposit products. See the applicable account agreement, rate sheet, and fee schedule for full terms, conditions, and any transaction limits.

Disclosure. This page is general educational information. Deposit accounts and banking services are offered through RMO Bank. RMO Bank deposit accounts — checking, savings, money market, and certificates of deposit — are insured by the FDIC up to the maximum amount permitted by law. Account terms, fees, and rates are disclosed in the applicable account agreement and fee schedule, which govern.