Nuvo Bank and Trust Company is pushing for their highest interest rate Growth Savings Account. You can earn an interest rate of 2.02% APY for balances of up to $24,999.99. This money in the bank deal gives 0.75% APY for balances of $25,000 and above. For $100,000 balance you get to earn an interest rate of 1.07% APY. This high yield savings account has the following features:

• you will not be charged for ATM fees with direct deposit or if you at least maintain a balance of $1,000 and above
• combined bank statement account
• free online statement
• free online banking
• optional overdraft protection for savings or checking account

You are required to deposit a minimum of $10 to open an account. In case you withdraw funds before the maturity date expect that there will penalty charges against your savings account. The interest rate listed above for this best savings account may change any time without notice so make sure to check with the bank.

Consumers who want to take advantage of this best savings account may visit Nuvo Bank and Trust Company office which is located in Springfield, Massachusetts to apply. You may also call their customer service hotline for questions with regard to opening an account and current savings account rates thru 1888-724-2847.

Nuvo Bank and Trust Company started serving its customers in 2008 and currently has $70.9 million in total declared assets. They are also insured by the Federal Deposit Insurance Corporation with certificate number 58621.