'The Target Savings account allows you to deposit a pre-determined amount weekly, bi-monthly or monthly for 12 months. Save towards your new vehicle or a well-deserved vacation. Free access to Online and Mobile Banking
Let's make those targets
Easy
Earn 2.25% interest p.a.
Convenient
Open with as little as EC$100
Superb
Interest paid monthly
Account Stipulations
- Agreed monthly deposited amounts must remain unchanged
- Separate account must be maintained to allow for regular transfer of funds to Target Savings account
- The period for the account is one year
- If funds are withdrawn before the end of the contract, the account reverts to a regular savings
- If the funds are not withdrawn at the end of the one-year period, the account rolls over for a new one-year cycle with the same conditions
Account Opening
- Two (2) valid government-issued picture IDs
- Proof of address document such as a utility bill or a financial statement from another institution
- Initial deposit of $100 or more
Your next steps
You can open your savings account online or by contacting any one of our branches in the Federation.
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Need help or more information?
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