UnivestDirect online savings account at 1.25%APY

UnivestDirect, an online banking division of Univest National Bank & Trust Co., is currently offering an online savings account at a great rate of 1.25%APY.

Univest’s online savings account has no monthly fees and no maintenance fees. Only $1.00 is required to open and earn interest, which is compounded daily and credited monthly.

The bank’s online savings account features Free online banking and anytime online funds transfers to other banks, Free e-statements, Free ATM Card with no charge for ATM withdrawals.

Though the APY is great and deposits are FDIC insured, online savings account are only for people who are comfortable banking online.

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Tags: online savings account