Amboy Bank, located in New Jersey, is offering new customers an eSavings account with a guaranteed 1.00% APY for 12 months. A minimum of $100 is required to open an account.
The rate is provided on a maximum account balance of $25,000. For balances between $25,000 and $100,000, the bank is offering 0.75% APY. An eSavings account at Amboy Bank cannot have a balance of more than $100,000. The savings account can only be opened through the online division of the bank known as Amboy Direct.