Personal Banking

Savings Accounts

Enjoy more Freedom with one of our savings accounts.

Visit one of our branch locations today to open any of our savings accounts—or choose from those available for convenient online account opening!

Freedom Bank allows you to choose the best savings account or traditional high-interest savings account to reach your savings goals.

Statement Savings Account

Structured as a traditional savings account, it offers a convenient way to save and earn interest without the need to keep track of a passbook.

  • Free & easy-to-read monthly statement
  • No minimum balance requirements
  • Free eStatement
  • Free mobile banking and mobile deposit*
  • Free online banking
  • No monthly maintenance fees
  • Gain access to your funds at any Freedom Bank ATM or Allpoint Surcharge Free ATM location free of charge
  • Fees can reduce earnings

OPEN AN ACCOUNT TODAY

*Message and data rates may apply from your wireless carrier
Your savings account interest rate and annual percentage yield may change. At our discretion we may change the interest rate on your account at any time.

Freedom to save more.

Statement Savings Current APY 0.15% APY*

OPEN AN ACCOUNT TODAY

*Annual Percentage Yield (APY) as of 11/17/2022. Minimum balance to obtain APY is $0.01. Interest is compounded daily and paid monthly. This is a variable rate account. The annual percentage yield and rate may change after the account is opened at any time. Fees may reduce earnings.

High Yield Savings Account

A savings account that will boost your saving capability. It’s a convenient way to start saving today with the benefit of being able to access your funds when you need them.

  • Free & easy-to-read monthly statement
  • No minimum balance requirements
  • Free eStatement
  • Free mobile banking and mobile deposit*
  • Free online banking
  • No monthly maintenance fees
  • Gain access to your funds at any Freedom Bank ATM or Allpoint Surcharge Free ATM location free of charge
  • Fees can reduce earnings

OPEN AN ACCOUNT TODAY

*Message and data rates may apply from your wireless carrier
Your savings account interest rate and annual percentage yield may change. At our discretion we may change the interest rate on your account at any time.

Boost your savings!

High Yield Savings Current APY* 0.40% APY*

OPEN AN ACCOUNT TODAY

*Annual Percentage Yield (APY) as of 11/17/2022. Minimum balance to obtain APY is $0.01. Interest is compounded daily and paid monthly. This is a variable rate account. The annual percentage yield and rate may change after the account is opened at any time. Fees may reduce earnings. 

Freedom Savings Account

An account that lets you have the Freedom to earn more with the more you deposit.

  • Free & easy-to-read monthly statement
  • No minimum balance requirements
  • Free eStatement
  • Free mobile banking and mobile deposit*
  • Free online banking
  • No monthly maintenance fees
  • Gain access to your funds at any Freedom Bank ATM or Allpoint Surcharge Free ATM location free of charge
  • Fees can reduce earnings

OPEN AN ACCOUNT TODAY

*Message and data rates may apply from your wireless carrier
Your savings account interest rate and annual percentage yield may change. At our discretion we may change the interest rate on your account at any time.

The more you deposit the better the rate!

Freedom Savings Current APYs
Balance greater than or equal to $500,000.00
3.00% APY*Balances between $250,000.00 and $499,999.992.25% APY*Balances between $100,000 and $249,999.99 2.00% APY*Balances between $0.01 and  $99,999.99 1.75% APY*

 

*Annual Percentage Yield (APY) as of 11/17/2022. Minimum balance to obtain APY is $0.01. Interest is compounded daily and paid monthly. This is a variable rate account. The annual percentage yield and rate may change after the account is opened at any time. Rate is paid for the entire balance for the tier the balance is in. Fees may reduce earnings.

Minor Savings Account

Teach financial responsibility and give your child hands-on experience with a Minor Savings Account. Freedom Bank believes it is never too early to learn healthy savings habits, and we aim to be your choice bank to open a minor savings account.

  • No minimum balance requirements
  • No monthly maintenance fees
  • Free & easy-to-read monthly statement
  • Free eStatement
  • Free mobile banking and mobile deposit*
  • Free online banking
*Message and data rates may apply from your wireless carrier
There is no minimum balance required to open a Statement Savings or Minor Savings Account. You must maintain a minimum balance of $0.01 in the account each day in order to receive the annual percentage yield. Interest is compounded daily and paid monthly. All Savings Accounts are considered variable rate products. Your interest rate and annual percentage yield may change after account opening. At our discretion we may change the interest rate on your account at any time.

Save for their future.

Minor Savings Current APY 0.15% APY*

*Annual Percentage Yield (APY) as of 11/17/2022. Minimum balance to obtain APY is $0.01. Interest is compounded daily and paid monthly. This is a variable rate account. The annual percentage yield and rate may change after the account is opened at any time. Fees may reduce earnings. 

IMPORTANT: We will never email you requesting you to purchase gift cards or request any personal information. If you receive a fraudulent email requesting this type of information, please forward to info@freedombanknj.com.

Our branch offices will be closed in observance of Thanksgiving on Thursday, November 24, 2022. Access to online and mobile banking is available 24/7.