Grow Local Accounts
One Account.
A Lot of Impact.
Earn up to 4.05% APY* on your savings while driving tangible impact in our local food and agriculture ecosystem.
The Online Savings Account You've Been Waiting For
Our Grow Local accounts fund positive and lasting change to our regional food system - paying competitive rates of interest and providing exciting food-related account benefits along the way.
Your Money Can Sleep Soundly
Your savings fund loans that support positive and lasting change to our local food ecosystem. Finally align your finances with your values.
"MUTUAL" MEANS COOPERATIVE
We're the first new mutual nationwide in 50 years - a cooperative structure that holds us accountable to our long-term commitments.
summer FARM DIVIDEND
This summer, we'll give qualifying depositors $100 to spend at farms, farmers markets, or related businesses.1
Competitive Interest Without Hidden Fees
Social and environmental responsibility can also be good for your wallet.
No Surprise Fees
A $0.01 minimum balance, no monthly fees, and no surprise charges.2 Straightforward and simple.
Safe & Sound
FDIC insurance on all balances up to $250,0003, industry-grade data encryption, multi-factor authentication - and all the other security features you expect from anyone handling your hard-earned savings.
Timeless Values, Modern Digital Banking
Easy-to-use digital tools allow you to manage your savings from anywhere.
Apply for an account in minutes
Apply for an account online in 5 minutes or less using your phone, tablet, or desktop browser.
Simple & Fast Transfers
Link your existing bank accounts just by logging in, and then seamlessly transfer funds.
Easily deposit checks
Use your phone camera to deposit checks in seconds without the hassle of leaving your home.
Other Bells & Whistles
- Free ATM access anywhere. We'll reimburse up to $15 per month in fees assessed by ATM providers.2
- Stay in control of your finances with alerts - on balance changes, account login activity, and fund transfers
- View account statements and tax documents online and within our app
See what we've got cooking.
Join our waitlist for early access to our accounts and behind-the-scenes updates.
* Annual percentage yield
Grow Local account rates current as of April 29th, 2024. Interest is compounded daily, posted monthly. Subject to change without notice. Tiered rates apply only to individual Grow Local accounts. Extra 1% (total of 4.05%) of annual percentage yield applies to balances $10,000-$99,999.99. Balances below ($9,999.99 and under) and above ($100,000 and more) do not qualify for the extra 1% of annual percentage yield (resulting in 3.05% APY).