With an EmigrantDirect American Dream Savings Account, you will earn 3.50% APY (Annual Percentage Yield) on your savings.
Update 3/7/25: The rate has decreased to 3.50% APY from 3.75%.
EmigrantDirect offers you flexibility, freedom, and security that is unsurpassed in personal banking today. Plus, with an American Dream Savings Account you will have peace of mind, since your account is FDIC insured up to the legal limit and always secure.
About EmigrantDirect American Dream Savings Review
Emigrant Bank was founded by Irish emigrants as a mutual savings bank in 1850. By the 1920s it had grown to become the largest savings bank in the nation.
As a traditional savings bank, Emigrant Bank, through its mortgage banking subsidiary, Emigrant Mortgage Company, is licensed to originate home loans and has provided 16,700 home loans. Emigrant Bank’s wealth management division, New York Private Bank & Trust, has its own deposit products starting at $2,000,000. Emigrant Bank is regulated by both State and Federal regulators. All deposits are insured by the FDIC up to the legal limit.
I’ll review the EmigrantDirect American Dream Savings below.
EmigrantDirect American Dream Savings Rate
- What you’ll get: 3.50% APY
- Where it’s available: Nationwide
- Eligible account: American Dream Savings
- Credit Inquiry: Unknown
- Opening Deposit: Any
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn Rate
- Open a new American Dream Savings account at EmigrantDirect.
- Be sure to have the following info handy as they may ask for it: Name, Address, Social Security Number, Date of Birth and Funding Account Information
- Once your account is funded, enjoy earning 3.50% APY Rate
EmigrantDirect American Dream Savings Features
- No Fees. No Minimums.
- Open your high interest savings account online. It’s quick and easy.
- No need to change your checking account. Your American Dream Savings Account™ will be linked to your current checking account.
- Up late? Access your high yield savings account 24/7 at EmigrantDirect.com.
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Conclusion
EmigrantDirect is currently offering a competitive rate with their American Dream Savings Account.
In addition to the rate, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
Let us know about your experience with this bank and comment below.
