Savings Account Features
24/7 Telephone Banking
Online Banking
Multiple Term Options
Fixed Interest Rate
Product Information
Minimum Opening Deposit

Opening deposit/monthly deposit amount varies based on the term and goal amount.

Goal Amount

$1,000 to $100,000

Monthly Service Charge

$0

Interest

Interest rate varies depending on the goal and term of the account.

Transaction Limitation

Your monthly deposit must be automatically transferred from a linked checking or savings account at Bank of Hope.

Closing Fee

A closing fee may be imposed for early withdrawals.

Goal / Term 12 Mo. 24 Mo. 36 Mo.
APY* 0.60% 0.75% 1.01%
$1,000 $83.07 $41.35 $27.36
$5,000 $415.32 $206.72 $136.77
$10,000 $830.64 $413.43 $273.53
$15,000 $1,245.96 $620.14 $410.29
$20,000 $1,661.28 $826.86 $547.05

Bank of Hope Personal Installment Savings: *The stated APY (Annual Percentage Yield) of 0.60% for a term of 12 months, 0.75% for a term of 24 months, 1.00% for a term of 36 months are accurate as of 07/13/2020. The rate is fixed until your maturity date. A minimum opening deposit varies depending on the Contract Term. The Goal Amount ranges from $1,000 to $100,000. The amount at maturity may be different from the original Goal Amount. The Goal Amount is guaranteed only when the monthly payments are made according to the monthly payment schedule. Your monthly payment must be automatically transferred from a linked checking or savings account at Bank of Hope. The account must be closed at maturity. If you choose to withdraw the amount before maturity, you must withdraw the entire balance and close the account. A closing fee will apply for early withdrawal before maturity. Fees may reduce earnings on the account. Terms and conditions are subject to change without notice. Contact your local branch for additional information.

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Bank of Hope Personal Installment Savings: *The stated APY (Annual Percentage Yield) of 0.60% for a term of 12 months, 0.75% for a term of 24 months, 1.00% for a term of 36 months are accurate as of 07/13/2020. The rate is fixed until your maturity date. A minimum opening deposit varies depending on the Contract Term. The Goal Amount ranges from $1,000 to $100,000. The amount at maturity may be different from the original Goal Amount. The Goal Amount is guaranteed only when the monthly payments are made according to the monthly payment schedule. Your monthly payment must be automatically transferred from a linked checking or savings account at Bank of Hope. The account must be closed at maturity. If you choose to withdraw the amount before maturity, you must withdraw the entire balance and close the account. A closing fee will apply for early withdrawal before maturity. Fees may reduce earnings on the account. Terms and conditions are subject to change without notice. Contact your local branch for additional information.