Apple Bank was founded as Harlem Savings Bank in 1863. The bank acquired a number of banks from its founding until the present, such as Emigrant Savings Bank. Apple Bank operates more than 80 branches in New York and New Jersey.
Apple Bank is a small regional bank that offers a variety of bank products, such as CDs, checking, money market, and savings accounts. It does this through its more than 80 branches in New York and New Jersey. The bank offers competitive APYs on its savings and CD products.
Competitive APY on CD and savings products. | Most Apple Bank branches are in New York and some in New Jersey. |
There are free checking and savings accounts available. | Monthly service charges apply if certain minimum balance requirements are not met. |
Monthly service charges can be waived. |
A certificate of deposit (CD) is a form of savings account that pays a fixed interest rate on the money in the account for a certain period, known as a term. Apple Bank offers CDs with terms ranging from three months to five years. It offers competitive APYs that are higher than the national average of 3.70% on most of its CDs. Here are the details for some of the bank's CD offerings for the month! and 2024:
Apple Bank offers several different business and personal checking accounts. Most of the checking accounts offer APYs below the national average of 0.84% for checking accounts. Most also have no monthly service charges or charges that can be waived by meeting certain requirements. Here are the latest account details for September 2024:
A money market account is an interest-bearing hybrid between a savings account and a checking account. Apple Bank offers several business and personal money market accounts, some of which offer APYs above the national average of 1.20%. Here are the account details for September 2024:
Apple Bank offers numerous business and personal savings accounts. All accounts either have a monthly service charge that can be waived or no monthly service charge. The yields offered are in line with those of most traditional banks and below the national average of 2.29%. Here are the latest savings account details for September 2024:
Overdraft fee: $35 for overdrafts of $50 or more
Savings and Money Market Account withdrawals: $20 per excess check
Account closure fee: None
Wire transfer fee: Domestic - Incoming is $15 and outgoing is $25; International - Incoming is $15 and outgoing is $50
Non-network ATM fee: $2
Monthly service charge: $3-$25 depending on the type of account
Stop payment fee: $35
Paper statement fee: $4
Apple Bank's customer service line is available weekdays from 8:30 a.m. to 9 p.m. EST and on weekends from 9 a.m. to 3 p.m. They also operate an automated account info line 24 hours a day, 7 days a week, for basic account functions. The bank operates more than 80 branches in New York and New Jersey. It also offers an easy-to-use mobile app that allows customers to manage their accounts and perform basic account functions.
Apple Bank may be a good bank to do business with for its savings accounts and CDs. It offers one of the best APYs on its Youth Savings account and on some of its CD accounts. It offers a wide selection of checking and savings accounts for all purposes, some of which offer competitive APYs and some of which are free to open and maintain. As Apple Bank operates mostly in New York and has a small presence in New Jersey, it may be a good option for residents of those states who like to bank in person.
Our editorial staff continually updates the information contained on our website. Our editorial staff has analyzed virtually all of the banks and credit unions that it follows, and it does weekly rate analysis for more than 250 prominent banks and credit unions. These institutions were chosen because they provide competitive APYs, low fees, and other factors we find important. These banks and credit unions often provide accounts that are available nationally. All of these banks are FDIC-insured, and all of these credit unions are NCUA-insured. Choosing an FDIC-insured bank or an NCUA-backed credit union assures that your money is protected as long as it stays within insurance limits and requirements.