RMO Bank Deposit Products: FDICFDIC-Insured - Backed by the full faith and credit of the U.S. Government
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Personal Savings

Build your financial future with RMO savings products. Whether you're starting an emergency fund or saving for a goal, we have accounts designed to help your money grow.

For Individuals Competitive APY FDIC Insured
Features

What comes with your account.

Tools and features to help you manage and grow your money.

Competitive APY

Earn more on your savings with rates that outpace the national average on select account tiers.

Easy Access

Manage your savings from the MyRMO app — set goals, automate transfers, and track your progress.

FDIC Insured

Your deposits are FDIC-insured up to applicable limits, giving you peace of mind as you save.

Member Benefits

Membership tiers unlock higher rates, bonus APY, and waived fees on savings products.

Why RMO

Why members choose us.

More than just an account — a membership that works for you.

Higher Rates

Our savings products are designed to offer competitive yields that help your money grow faster.

Flexible Options

Choose from standard savings, high-yield, or goal-based accounts depending on your needs.

Digital Tools

Automated savings rules, round-ups, and goal tracking make saving effortless from the app.

FAQ

Frequently asked questions

How Do I Open a Savings Account?

Opening an RMO savings account takes just a few minutes online or can be completed with the help of an Expert by appointment.

Read the full answer in the Help Center →

How Do I Set Up Automatic Savings Transfers?

Automatic transfers are one of the easiest ways to build savings consistently. RMO makes it simple to schedule recurring transfers through MyRMO.

Read the full answer in the Help Center →

What Is the Difference Between Savings and Money Market Accounts?

Both savings and money market accounts help you earn interest on your deposits, but they serve slightly different purposes. Here is a comparison to help you decide.

Read the full answer in the Help Center →

What Savings Accounts Does RMO Offer?

RMO Bank provides four savings account options to help you reach your financial goals, whether you are just getting started or looking to maximize your earnings.

Read the full answer in the Help Center →

Support

How can we help?

Have questions? We've got you covered.

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 2026-05-10 and are subject to change without notice. Fees may reduce earnings. See the deposit account agreement and rate sheet for full terms, conditions, and any applicable 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.
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