Skip to Account Login
digitally drawn female character holding her cell phone and son's hand

The power of saving is amazing. Whether you’re just starting out on your own or thinking about retirement, Ion Bank offers a savings account for every life stage – from Statement Savings, CDs and IRAs, to specialized Health and Education accounts.

So, choose the savings option that fits you best and let’s secure your financial future, starting today.

Earn while you spend.

All you need to get started is an Ion Bank personal checking account1 with an Ion Bank Debit MasterCard®. Every time you make a purchase of more than $50 using your Ion Bank Debit MasterCard, we'll pay you the amount of the cents in your transaction by making a deposit of our money into your Ka-Ching! Savings Account2. So, if your transaction is $50.88, we deposit $.88 into your account. It's never been easier to increase your savings!

With your busy lifestyle, enjoy the easy access of our Statement Savings account.

This traditional savings account allows you to start with a small amount of money and increase your savings on your own terms. Account holders are not required to make a minimum contribution. Rather, you'll be awarded with interest for whatever your balance is at any given time.


  • Free Direct Deposit
  • Access to our iBanking Suite
  • eStatements
  • Free Bank-by-Phone

Looking for the security of a fixed rate savings product?

With one of our Certificate of Deposit accounts, you can earn a competitive interest rate.

Select from 3 to 60 month terms — whichever term matches your financial needs — and then start earning competitive interest rates for the full period, even on a balance as low as $500! Interest gets compounded and credited monthly and may be withdrawn before maturity.

To prepare for any current medical expenses, start up a special tax-advantaged savings account.

Individuals and families covered by high-deductible insurance plans get competitive interest rates that pay more as the balance increases.


  • No set up fees
  • No transaction fees
  • No monthly or annual fees
  • Free Direct Deposit
  • Free Bank-by-Phone
  • Free Online Banking
  • Free HSA Debit MasterCard®

Customers can open a Traditional or Roth IRA through Ion Bank.

Set up as a Certificate of Deposit, contributions to a Traditional IRA are tax deductible, but withdrawals are taxable.3

Roth IRAs are beneficial to young investors, who can see their investments grow free from tax and make withdrawals at any time if qualified.4 Another benefit is that account holders can make contributions of after-tax dollars.

It is beneficial to start saving for college when your child is young.

The Coverdell Education Savings Account allows contributors to invest tax- and penalty-free earnings towards higher education costs.5 Other family members and friends also have the opportunity to contribute to the account, so your child can receive financial support beyond what her parents can invest. This tax-advantaged savings strategy is for families who fall below a predetermined income level. You can open an account for multiple children, but the maximum yearly contribution cannot exceed $2,000.

Start saving up for your dream vacation or holiday presents with our Club Accounts.

Our Vacation and Holiday Club Accounts take stressful financial planning out of the equation. When you start contributing now, you'll save what you need when the time comes to book your hotel or buy the expensive toy your child really wants.

Setting up your Club Account is easy. Simply stop by one of our branch locations and make a deposit!

For customers with an account balance over the FDIC insurance limit of $250,000, the CDARS® program can help you protect your savings.

We will work with other network banks to disperse your funds into several smaller accounts that are all below the FDIC limit.

What do you need to do?

  • Sign a Single Deposit Placement Agreement with Ion Bank
  • Select an interest rate maturity based on our current CD terms
  • From here, the funds get deposited, and the CD is issued
  • Receive written confirmation of deposits and a listing of all CDs.

This account must be a personal checking account. HSAs, Money Market and Business accounts are not eligible to participate.

2 Ion Bank deposited funds may be reported as income on IRS Form 1099.

3 Ask your tax advisor for more details.

4 There is a single, 5 year holding period when determining whether earnings can be withdrawn federally tax-free as part of a qualified distribution from a Roth IRA. This period begins January 1 of the year of the first contribution to any Roth IRA account.

Qualified Coverdell Education Savings Account distributions are not subject to state and local taxation in most states. Earnings accumulate tax and penalty-free as long as the assets are used to pay qualified education expenses and are withdrawn before the child turns 30.

* CDARS, Certificate of Deposit Account Registry Service is a registered service mark of Promontory Interfinancial Network, LLC.