Blue checking accounts icon

Cultivate High-Yield Savings Account

With Cultivate, you'll earn one of our highest savings rates, no matter your balance. Earn exceptional dividends up to the first $1,000 saved, then take advantage of high-yield and additional bonus rates to keep your savings momentum going.

Open an Account See Rates
Woman sitting on a couch looking at her phone.

Start earning 5.00% APY today

Starting with your first dollar, Cultivate helps you build your savings quickly. You'll earn our best available savings rates up to your first $50,000 without having to switch accounts.

  • Earn 5.00% APY on balances up to $1,000 
  • Earn 3.50% APY on balances of $1,000 up to $49,999 (plus two bonus options to earn an additional 0.50% APY, detailed in the next section)

See Savings Rates and Terms

Bump Your Rate Further

Two ways to earn up to 0.50% APY on top of your standard rate.

Savings goal SELCO app.
Step 1 circle.

Make monthly deposits—earn a 0.25% APY bonus

Deposit at least $100 monthly to your Cultivate account and you’ll earn an additional 0.25% rate bonus on top of your current APY for that month.

Step 2 circle.

Use your checking account—earn a 0.25% APY bonus

If you have any SELCO checking account, you can earn a second 0.25% APY bonus by doing the following each month:

  1. Log in to digital banking at least once.
  2. Make at least one deposit to your checking account.
  3. Complete at least one non-deposit transaction, like using your debit card, transferring funds to another SELCO account, or paying a bill.

1/4

Yellow check mark

No Fees or Required Minimum Balances

Just balance incentives to encourage you to save more, on your terms.

2/4

Yellow check mark

No Transaction Limits

Deposit and withdraw funds as often as you need, or quickly transfer between SELCO accounts or another financial institution within digital banking.

3/4

Yellow check mark

NCUA Insured Deposits

Rest easy knowing your savings are insured for up to $250,000 by the NCUA.

4/4

Yellow check mark

Automatic Savings Options

Hit your savings goals (and develop savings habits) with automated, recurring transfers.

Woman's hand holding a SELCO debit card.

Add Link Checking to get rewards

Link has several features, including round-up savings matches and no monthly or overdraft fees. Cultivate and Link make the perfect pair to help fast track your savings goals. 

Learn More About Link

Ready for high-yield savings?

Start earning our best available savings rates (plus bonus rate options) in just a few clicks.

Open a Cultivate Account