Ascend Fund
High Interest Savings with No Withdrawal Penalties!
Unlock the power of smart saving with the Ascend Fund Account – where your money isn't just stored, it thrives. Whether you're a business owner or saving personally, enjoy the freedom of high-yield growth without the worry of withdrawal penalties. With Ascend Fund, every dollar in your consumer or business account works tirelessly for you, ensuring your financial ascent is as seamless as it is rewarding.
Ascend Fund
Ascend Fund* is available for new deposits only, offers a higher interest rate than many deposit accounts, a 12-month term and $25,000 minimum initial deposit. Minimum balance of $25,000 must be maintained to earn 4.07% APY. Members with the Ascend Fund Account may withdraw up to 6 times per month. No penalty for early withdrawal. New money can be added at any time during the 12-month period.
- 12-month term
- $25,000 minimum initial deposit
- Earn 4.07% APY* (Annual Percentage Yield)
- May withdraw up to 6 times per month
- Dividends are compounded and paid monthly
- No penalty for early withdrawal. New money can be added at any time during the 12-month period
- Available for consumer and commercial accounts
- Excess Share Insurance (ESI) up to an additional $250,000 and premiums are paid by Alabama ONE
*New deposits (New money) must be funds from another institution, not funds already at Alabama ONE. Rate subject to change. APY is accurate as of 05/01/2024. Fees may reduce earnings. Interest is compounded monthly.
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