Grow Local Accounts

One Account.
A Lot of Impact.

Earn up to 4.05% APY* on your savings while driving tangible impact in our local food and agriculture ecosystem.

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The Online Savings Account You've Been Waiting For

Our Grow Local accounts fund positive and lasting change to our regional food system - paying competitive rates of interest and providing exciting food-related account benefits along the way.
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Your Money Can Sleep Soundly

Your savings fund loans that support positive and lasting change to our local food ecosystem. Finally align your finances with your values.
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We're the first new mutual nationwide in 50 years - a cooperative structure that holds us accountable to our long-term commitments.
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This summer, we'll give qualifying depositors $100 to spend at farms, farmers markets, or related businesses.1

Competitive Interest Without Hidden Fees

Social and environmental responsibility can also be good for your wallet.
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Earn an extra 1%

Up to 4.05% APY*
Our flagship Grow Local accounts earn enough to Grow Your Change. Balances from $10,000 up to $100,000 earn 4.05% APY*. Everything else earns 3.05% APY*.
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No Surprise Fees

A $0.01 minimum balance, no monthly fees, and no surprise charges.2 Straightforward and simple.
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Safe & Sound

FDIC insurance on all balances up to $250,0003, industry-grade data encryption, multi-factor authentication - and all the other security features you expect from anyone handling your hard-earned savings.

Timeless Values, Modern Digital Banking

Easy-to-use digital tools allow you to manage your savings from anywhere.
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Apply for an account in minutes

Apply for an account online in 5 minutes or less using your phone, tablet, or desktop browser.
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Simple & Fast Transfers

Link your existing bank accounts just by logging in, and then seamlessly transfer funds.
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Easily deposit checks

Use your phone camera to deposit checks in seconds without the hassle of leaving your home.

Other Bells & Whistles

Join the Waitlist

See what we've got cooking.

Join our waitlist for early access to our accounts and behind-the-scenes updates.

* Annual percentage yield
Grow Local account rates current as of April 29th, 2024. Interest is compounded daily, posted monthly. Subject to change without notice. Tiered rates apply only to individual Grow Local accounts. Extra 1% (total of 4.05%) of annual percentage yield applies to balances $10,000-$99,999.99. Balances below ($9,999.99 and under) and above ($100,000 and more) do not qualify for the extra 1% of annual percentage yield (resulting in 3.05% APY).

1. Terms & conditions apply. See full detail here.
2. Account charges are listed here.
3. Federal Deposit Insurance Corporation. Insurance coverage limited to $250,000. Additional insurance coverage available upon request.