Pair your Shoreline High Yield or Shoreline Cash Back with this savings account and enjoy great rates, no fees, and easy access to your money.
Shoreline Companion Savings
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Save smarter with Shoreline Companion Savings.
Save smarter and earn more! Pair this account with Shoreline High Yield or Cash Back Checking to enjoy up to 3.00% APY on balances up to $100,000. No monthly fees, no minimum balance, and easy access to your money. Plus, automatic transfers help you grow your savings effortlessly. Open with just $50 and start earning today!
Key Features
Benefits of a Shoreline Companion Savings Account
- Links to Shoreline High Yield or Shoreline Cash Back checking
- Automatic transfers of Shoreline High Yield or Shoreline Cash Back earnings
- 3.00% Annual Percentage Yield (APY)‡ on balances up to and including $100,000 when qualifications are met
- 3.00% to 1.75% APY on balances over $100,000, depending on the balance in the account‡
- 0.05% APY‡ on all balances if qualifications are not met in Shoreline High Yield or Shoreline Cash Back
- Free digital banking services*
- No monthly maintenance fee
- No minimum balance to earn rewards1, 2
- $50 minimum deposit to open
Eligibility Criteria and Requirements
Qualifying for your Shoreline High Yield or Shoreline Cash Back rewards automatically qualifies you for the highest Shoreline Companion Savings rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Shoreline High Yield or Shoreline Cash Back account during each Monthly Qualification Cycle:
- At least 12 debit card purchases
- At least 1 ACH credit or ACH payment transaction
- Be enrolled in and agree to receive eStatements
And if you don’t meet these qualifications, don’t worry — your accounts are still free. Plus, you’ll still earn our base rate on Shoreline Companion Savings. And you can get right back to earning your full rewards the very next cycle that you qualify.
1Shoreline Companion Savings w/Shoreline High Yield Checking
Qualification Information:
Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, credit card purchases, debit [and credit] card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit [or credit] cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.
"Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
Contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
Earned Interest Information:
‡When your linked Shoreline High Yield Checking account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $100,000.00 in your Shoreline Companion Savings account earn an APY of 3.00% and daily balances over $100,000.00 earn an interest rate of 0.50% on the portion of the daily balance over $100,000.00, resulting in a range from 3.00% to 1.75% APY depending on the account's daily balance. When your linked Shoreline High Yield Checking account qualifications are not met, the entire daily balance in the Shoreline Companion Savings account earns an interest rate of 0.049989% resulting in an annual percentage yield of 0.05% APY. 3.00% APY on balances up to and including $100,000 when qualifications are met. 0.50% APY on balances ABOVE $100,000, ONLY if qualifications are met. 0.05% APY on balances, even if qualifications are not met.
Interest will be credited to your Shoreline Companion Savings account on the last day of the current statement cycle.
Nationwide ATM withdrawal fee reimbursements will be credited to your account on the last day of the current statement cycle.
APY = Annual Percentage Yield.
APYs accurate as of February 24, 2026.
APY calculations are based on an assumed balance of 100,000.00 + $100,000 in your Shoreline Companion Savings account and an assumed statement cycle of thirty-one (31) days.
Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Additional Information:
- Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.
- $50.00 minimum deposit is required to open the Shoreline High Yield Checking account.
- $50.00 minimum deposit is required to open the Shoreline Companion Savings account.
- Enrollment in electronic services (e.g. online banking
*) and log-ons may be required to meet some of the account's qualifications. - Limit of 1 account(s) per social security number.
- There are no recurring monthly maintenance charges or fees to open or close this account.
- A Shoreline High Yield Checking account is required to have a Shoreline Companion Savings account.
- A linked Shoreline Companion Savings account is required for automatic savings.
- Advertised information and rewards are based on all account qualifications being met during each cycle period.
- Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
*Third-party charges may apply. Additionally, products and services may require enrollment, other terms and conditions and fees may also apply.
2Shoreline Companion Savings w/Shoreline Cash Back Checking
Qualification Information:
Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, credit card purchases, debit [and credit] card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit [or credit] cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.
"Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
See our website or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
Reward Information:
‡When your linked Shoreline Cash Back Checking account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $100,000.00 in your Shoreline Companion Savings account earn an APY of 3.00% and daily balances over $100,000.00 earn an interest rate of 0.50% on the portion of the daily balance over $100,000.00, resulting in a range from 3.00% to 1.75% APY depending on the account's daily balance. When your Shoreline Cash Back Checking account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded. In addition, the entire daily balance in the Shoreline Companion Savings account earns an interest rate of 0.049989% resulting in an annual percentage yield of 0.05% APY. 3.00% APY on balances up to and including $100,000 when qualifications are met. 0.50% APY on balances ABOVE $100,000, ONLY if qualifications are met. 0.05% APY on balances, even if qualifications are not met.
Interest will be credited to your Shoreline Companion Savings account on the last day of the current statement cycle.
The cash back payments and nationwide ATM withdrawal fee reimbursements earned in your Shoreline Cash Back Checking account will be credited to your Shoreline Companion Savings account on the last day of the current statement cycle.
APY = Annual Percentage Yield.
APYs accurate as of February 24, 2026.
APY calculations are based on an assumed balance of 100,000.00 + $100,000 in your Shoreline Companion Savings account and an assumed statement cycle of thirty-one (31) days.
Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Additional Information:
- Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.
- $50.00 minimum deposit is required to open the Shoreline Cash Back Checking account.
- $50.00 minimum deposit is required to open the Shoreline Companion Savings account.
- Enrollment in electronic services (e.g. online banking*, e-statements) and log-ons may be required to meet some of the account's qualifications.
- Limit of 1 account(s) per social security number.
- There are no recurring monthly maintenance charges or fees to open or close this account.
- A Shoreline Cash Back Checking account is required to have a Shoreline Companion Savings account.
- A linked Shoreline Companion Savings account is required for automatic savings.
- Advertised information and rewards are based on all account qualifications being met during each cycle period.
- Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
*Third-party charges may apply. Additionally, products and services may require enrollment, other terms and conditions and fees may also apply.
FAQs
What is the Shoreline Companion Savings account?
It’s a savings account designed to help you save effectively with competitive interest rates and no fees.
How much interest can I earn with this account?
You can earn up to 3.00% APY on balances up to $100,000.
Are there any monthly fees for this account?
No, the Shoreline Companion Savings account has no monthly maintenance fees or minimum balance requirements.
What are the criteria for earning the highest interest rates?
Qualify by making 12 debit card purchases and one ACH transaction monthly, and enroll in eStatements in your linked Shoreline High Yield or Shoreline Cash Back Checking accounts.
How do I open a Shoreline Companion Savings account?
Visit any of our nine branches with a minimum deposit of $50 to get started.
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