Plant Your Pennies

Earn up to 4.15% APY* on your savings while driving tangible impact in our local food and agriculture ecosystem.

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What are you interested in?

The Sustainable Online Bank You've Been Waiting For

Not just "mission driven"; mission-built from the ground-up to affect food systems change. And the "mutual" part of our name means we're cooperatively governed, legally bound to work for our community.
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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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"MUTUAL" MEANS COOPERATIVE

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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Partner Perks

Supporting positive and lasting change to our local food ecosystem can also taste really good.

‍Check out our Partner Perks1.

what people are saying

"Great way to put your money where your mouth is, assuming your mouth is in favor of environmentally sustainable world. I moved my funds to this bank because I realized that staying in a Big Four bank was my biggest carbon footprint. I didn’t want to be a problem. I wanted to be part of the solution."

Google review

“I’m so excited about our new accounts and consolidating our finances in a way that supports both us and local food!”

walden depositor

"This is the bank account of my dreams! We’ve always been committed to non-harmful banking, but to have it supporting businesses in our backyard is so exciting!"

Walden Depositor in Vermont

“The debit cards are so pretty!”

walden debit cardholder

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 4.15% APY*
Our flagship Grow Local accounts earn enough to Grow Your Change. Balances from $10,000 up to $100,000 earn 4.15% APY*. Everything else earns 3.15% 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

Grow Local Accounts
Certificates of Deposit
  • Free ATM access anywhere. We'll reimburse up to $15 per month in fees assessed by ATM providers.2
  • Stay in control of your finances with alerts - on balance changes, account login activity, and fund transfers
  • View account statements and tax documents online and within our app
  • Range of extended terms—from 1 to 100 years—to maximize impact...and return
  • 10-year CD: Unique opportunity to support long-term investment in food systems change
  • Only $1,000 minimum initial deposit (and minimum daily balance)
  • Use the same digital tools to monitor your CDs on the go
  • Free withdrawal at CD maturity during grace period, or automatically roll over your investment
  • Withdraw early (before maturity) for a marginal penalty (see account charges for details)2
  • If you're interested in opening a Local Impact CD, first open and fund a Grow Local account
Term APY*
3 Month 3.05%
6 Month 4.5%
1 Year 4.5%
2 Year 4.0%
3 Year 3.5%
5 Year 3.25%
10 Year 3.75%
100 Year 4.75%

Interested in more information on our new 100 year CD? Check out our supporting resources.

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Join the Waitlist

See what we've got cooking.

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

Join the Waitlist
* Annual percentage yield
Grow Local account rates current as of February 16th, 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 4.15%) 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 3.15% APY).
Local Impact CD rates current as of April 19th, 2024. Interest is compounded daily, posted monthly. Subject to change without notice. $1,000 minimum to open. Penalties may apply for early withdrawals.

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.