Home Savings Bank CDs offer competitive interest rates. The rates are competitive with other online accounts. Their rates are much higher than typical brick and mortar bank rates. The rates are competitive whether you open the account in the branch or online.

Personal deposit accounts are available through Home Savings Bank. These accounts include a checking account, money market account, CDs, and IRAs. Not all accounts can be opened online. Only the CDs and IRAs have the option to open online.

Home Savings Bank offers CDs that are entirely online. These accounts are available for anyone across the United States to open. You must be at least 18 years old. You must be a resident of the United States or a resident alien. You must have an address in the U.S., a social security number, and a driver license or other ID.

Home Savings Bank offers online mortgage options. You apply for your loan online. A loan officer will contact you by phone, email, or online chat to answer your questions. Because the mortgage is online, the rates and fees are typically lower than other banks.

Each of the accounts with Home Savings Bank has a high required opening amount. The CDs, money market account, checking account, and IRA accounts all require $5,000 to open. The opening required amount is the same whether opening in the branch or online.

The monthly maintenance fees for Home Savings Bank accounts are high. The fee for the money market account and checking account is $35 a month. Waive this fee by keeping a set balance in the account. The checking account requires $5,000 in a combination of Home Savings Bank accounts to waive the fee. The money market account must have $2,500 in the account to waive the fee.

Not all Home Savings Bank accounts have the option of opening online. Only the Home Savings Bank CDs and IRAs have the online option. To open the checking or money market account visit the branch location. There is one branch location in Salt Lake City, Utah.

The interest rates for the Home Savings Bank MMA are not competitive. These rates are also tiered. To earn the best rate requires an account balance over $200,000. Even the highest rate is not competitive with other online money market accounts. Only the CDs with Home Savings Bank earn competitive interest rates.

Read the full Home Savings Bank review.

MutualOne accounts have a low required amount to open the accounts. There are 15 different CDs to choose from. Three CDs require $5,000 to open, but the rest only need $500 to open. Checking accounts only need $100 to open. The MMA requires $500. All MutualOne saving accounts only require $10 to open.

The MutualOne Advantage checking account earns interest. The account only requires $100 to open the account. Any amount over $10 will earn interest. The rates are tiered so to earn the highest rates, you must keep $50,000 in the account. Amounts under that still earn competitive interest rates, just not the highest amount.

MutualOne offers competitive, tiered interest rates on their accounts. The more money you have in the accounts, the higher the interest rates you earn on your money. The MutualOne online savings account earns competitive interest rates and is entirely online. Any amount earns the highest rate.

Business accounts are available through MutualOne Bank. A checking account, savings account, money market account, and CDs are available. There are two different checking accounts. One tailored to commercial businesses. To find out more about business accounts, or apply to open one, you must contact a personal banker.

To earn the highest interest rates available, you must keep a certain amount in the accounts. The advantage checking account required $50,000 be in the account to earn the highest rates. To earn the highest MMA rates, $200,000 must be in the account. The online saving account only requires $100 to earn the highest rates. Lower amounts in these accounts earn interest, just not the highest rate.

Some MutualOne accounts have a monthly maintenance fee. There are ways to waive the fees. Keeping a set amount in the account, or between deposit and loan accounts, will waive the fees. The monthly fee amounts are not listed on the website.

Not all MutualOne Bank accounts are available to open online. The online savings account and CDs can be opened online. Checking, money market, and some savings accounts require a personal banker. Business accounts need a personal banker to open.

To earn the highest interest rates on MMAs, you must have $10,00 in one account and $200,000 in the other MMA. The interest rates for balances under those amounts are low. They are competitive with your typical brick and mortar banks. The more money you invest, the higher the rates. However, the rates for lower amounts are not competitive with other online accounts.

Read the full MutualOne Bank review.