Flagstar Direct – Express Savings

Minimum deposit to open: $1
Minimum balance to avoid fee: $0

Product Info:

  • Free ATM access at over 40,000 ATMs in the Flagstar, Allpoint® and Presto® networks in all 50 states. (A transaction fee may be charged for using a non-Flagstar ATM.)
  • Direct deposit — Electronic deposit is available for pay checks, Social Security, or other recurring checks automatically deposited into your savings account. Signing up for direct deposit is fast, easy, and simple
  • Wire transfers — Pay no charge for incoming domestic wire transfers to your savings account
  • Free postage-paid deposit envelopes — Mail deposits to your savings account without paying postage. Visit our Forms Center for details
  • Online banking
  • Free mobile access
  • Open online now
To find out more, visit Flagstar Direct's website.
Current Rates
Min Deposit Max Deposit APY
$1 0.75 %

Express Savings Rate History

Savings Rates ($1 and up)