Colorado Federal Savings Bank is now offering residents nationwide a 4.20% APY for their High Yield Savings Account.
Update 2/27/25: The rate has decreased to 4.20% APY from 4.40%.
This nationwide bank will give their clients rates that have a large range of Savings and CDs choices. To begin, you must have an opening deposit that’s at least $1. You’ll then get the rate and good account perks that you’ll benefit from.
Editor’s Note: They are also offering another savings account with a great rate! For more information, be sure to check out our Colorado Federal Savings Bank Premier Savings Review.
Colorado Federal Savings Bank High-Yield Savings
To earn this generous rate, just open with a minimum of $1 in balance to get started.
- What you’ll get: 4.20% APY
- Eligible account: Ultimate Money Market Account
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $1 Minimum
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(View for more information)
How to Earn Rate
- Open a High-Yield Savings account from Colorado Federal Savings Bank
- Finish the application forms
- Then have your external account verified if applying for CD is funded by another bank
| Balance Requirement | APY Rate |
| $1 | 4.20% |
Colorado Federal Savings Bank Account Features
- No monthly fee
- No online account or ACH fees included
Are My Deposits Safe?
Yes, your funds are secure and FDIC insured.
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Conclusion
All in all, you’ll be able to find good bank rates that suit your need with Colorado Federal Savings bank. You can receive their generous APY Rate when you meet their deposit requirements. Plus, there are some features that you’ll be able to benefit from when you make a new account with them.
If you have experience with Colorado Federal Savings Bank, feel free to comment below and tell our readers about how the experience went!
If you would like to simplify your experience, then definitely head on over to your local branch and start today! However, you better act fast, as the rates are subjected to change. In addition, you can also check out other great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
Lastly, if you are interested in other promotional rates, be sure to check out our list of Best Bank Rates for all your saving needs!
