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Get on the Path to Successful Savings

Saving money is important.  You need funds at the ready for emergencies, healthcare, large purchases, and more.  But, saving can also be difficult, and that's even more true when you do not have a plan in place. That's why Amboy has crafted specific products to get you started down the path to Successful Savings!  Let us help you plan for your savings future.

Successful Savings begins by asking yourself a few questions:
1: What are you looking to save for?
2: What is your savings goal?
3: How much can you set aside each month, and/or how much can you invest in an initial lump sum?

Once you answer those questions, take a look at our offers below to see which best fits your needs!

Successful Savings Home Equity CD Ladder

Successful Savings Account*

Pay Yourself First

Home Equity*

Consolidate Debt

Bonus CD Ladder*

Earn More with Access to Cash

  • Automatically transfer a set amount each month from your checking account
  • When no withdrawals are made, you get a higher rate
  • Earn a bonus rate through April 30, 2020!
  • 3.49% APR* for 12 months
  • Lock in a fixed rate at any time
  • Use for almost any purpose- debt consolidation, education, purchases, and more
  • Stagger CDs of varying terms so you have regular access to cash
  • Get a bonus rate when CDs automatically renew
  • Ask us how you can earn even more when you deposit new money!

    


Ready to get started?

Find a branch 

Don't see the savings vehicle you are looking for?

Visit any branch for a free financial checkup and we'll work with you to find the best solution for your situation!

Want more tips on saving? 

Please visit our Savings Center.

 

 

Successful Savings Account: Balances on the portion between $500 and $10,000 earn 1.00% Annual Percentage Yield (APY) if auto deposits and no withdrawals are made during each month; otherwise, the APY is 0.35%. Balances on the portion between $10,000 and $100,000 earn a 0.35% rate with an APY between 1.00% and 0.68%. Under $500 earns no interest. Rates may change daily. Fees may reduce earnings. Offer ends April 30, 2019. 
Home Equity: Available on owner-occupied 1-4 family NJ residences only. Offers may be withdrawn at any time. Subject to credit approval and home appraisal. Additional terms may apply. Annual Percentage Rate (APR) of 3.49% in effect for the first 12 months on balances up to $100,000, with an initial minimum draw of $10,000. During the Intro period, the portion over $100,000, and on all balances after the Intro period, the APR will be Prime plus .50% and may change daily. Prime is highest rate published daily by WSJ. Prime as of 12/11/19 is 4.75%. Lifetime rate floor is 4.00% APR, lifetime cap is 12.99% APR. Min. line is $15,000; max. is $100,000. Annual Fee of $35 waived for the first year. Early termination fee applies if loan is closed in first two years.
Bonus CD Ladder: Annual Percentage Yields shown. With a min. of $20,000 and max. of $100,000, divide your money evenly to open 4 CDs with 6, 12, 18 and 24 month terms. CDs automatically renew into a 24 month CD with a bonus rate that is 0.10% higher than the prevailing 24 month rate, as long as all four CDs are on deposit at time of renewal. Penalty for early withdrawals. For CD terms less than 1 year, simple interest credited at maturity; 1 year or greater interest is credited annually to an Amboy deposit account. Rates & offer may be modified at any time. Other conditions may apply.

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