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Savings Plans and Certificates of Deposit
Looking for a better place to put your money? Slavie Federal Savings Bank offers a variety of accounts to suit your savings and investment needs.
For instance -- we are pleased to present the Slavie Unlimited Bump Up CD - a 7 month Certificate of Deposit that lets you adjust your rate to a higher level!
Please note that at this time, we are only accepting new account deposits from Maryland residents. For information on Slavie Federal's many checking options, select this link.
For information on Slavie's convenient ATM locations, select this link
Statement Savings Account
Minimum deposit to open $50.00
Unlimited transactions
No service charge with $50.00 daily balance
Monthly statement provided
Interest compounded daily and credited monthly
Super Statement Savings Account
Minimum deposit to open $2,000.00
Unlimited transactions
No service charge with $2,000.00 daily balance
Monthly statement provided
Interest compounded daily and credited monthly
Platinum Plus Statement Savings Account
Minimum deposit to open $50,000.00
Unlimited transactions
No service charge with $50,000.00 daily balance
Monthly statement provided
Significantly higher interest rate
Interest compounded daily and credited monthly
Certificates of Deposit
Our CDs offer total investment flexibility. Choose from terms of 91 days up to sixty months -- whatever suits your financial plan!
Terms from 91 days to 60 months
Minimum deposit to open $500.00
Fixed rate for the term of the CD
Interest compounded daily and credited monthly
The Slavie Federal Bump Up CD
This unique Certificate of Deposit lets you not only BUMP UP your rate to a higher level, but also WITHDRAW up to half your original deposit! So you have access to your cash and you're protected if interest rates rise!
48 month term
Minimum deposit to open $500.00
One-time ability during term to increase the yield
on the CD to the current market yield for
the remaining time of maturity
One-time ability during term to withdraw up
to half of the original principal invested
without penalty
Interest compounded daily and credited monthly
Money Market Deposit Account
Higher rate than passbook savings accounts
Minimum deposit to open $2,000.00
Maintain a $2000.00 balance to earn interest
Six transactions allowed per month
No monthly service charge
Tiered Variable rate interest-bearing account
Monthy statement
Interest compounded daily and credited monthly
Passbook Savings Account
Minimum deposit to open $10.00
Maintain a $100.00 balance to earn interest
Unlimited transactions
No monthly service charge
Variable rate interest-bearing account
Interest compounded daily and credited quarterly
Access Our Financial Calculators
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