Tailor your Savings Strategy

Ready to find your next account? Whether you’re looking for short or long-term savings, high-yield, or a simple personal account, BayFirst has the types of savings accounts that will help you meet your savings goals, plus all the digital banking features to monitor your account growth.

Which Savings Product Aligns with Your Future Plans?

Statement Savings Account

Your savings can grow safely and conveniently to help with your future plans.

Explore Savings Account

BayLive Money Market Account

Get the savings benefits you want, with checking account convenience you need.

Explore Personal Money Market

Certificate of Deposit

CDs let you earn a competitive interest rate for a variety of terms.

Explore Certificate of Deposit

CASH Kids Club

Kids 12 and under can establish strong saving habits, earn interest and get club exclusives.

Explore about CASH Kids Club

Online Banking

Manage your money from the palm of your hand. Securely transfer funds, check balances, pay bills and take care of your finances anywhere. Download the app from the Apple Store or Google Play.

Download on the App StoreGet it on Google Play

Savings Account FAQ

We offer a variety of savings accounts including standard savings accounts, high-yield savings accounts, money market accounts, certificates of deposit (CDs).

  • Savings Accounts: A standard savings account offers a safe place to store money while earning interest. It's ideal for short-term savings and emergency funds, providing easy access to your funds with no fixed term.

  • Money Market Accounts: A money market account typically offers higher interest rates compared to traditional savings accounts, in exchange for higher balance requirements. It allows easy access to your funds, similar to a checking account, with options to use checks or a debit card.

  • Certificates of Deposit (CDs): CDs offer the highest interest rates among our savings products but require you to lock in your money for a predetermined period, ranging from a few months to several years. Early withdrawal penalties apply, making CDs suitable for long-term savings goals where immediate access to funds is not necessary.

Our interest rates are highly competitive and often higher than those offered by other banks. We regularly review and adjust our rates to ensure you get the best return on your savings.

We strive to keep fees to a minimum. While some accounts may have maintenance fees, these can often be waived by maintaining a minimum balance or meeting other criteria. We also offer accounts with no monthly fees. See the specfic product pages for more details on the fees associated with the account.

Yes, you can open multiple savings accounts to meet different financial goals. For example, you might use a standard savings account for emergency funds and a high-yield account for longer-term savings.

Yes, all our savings accounts are FDIC insured up to the maximum allowable limit of $250,000, providing you with peace of mind knowing your money is safe.

  • Customer support is available through our Call Center, and we are committed to providing personalized service to meet your needs.