Personal Savings Account

Enjoy a low minimum balance requirement, competitive interest rate and more.

Saving made easy

Let your dollars work for you

Watch your savings grow with compounding interest.

Keep more of your money

Maintain a balance above $250 and we'll waive the quarterly account maintenance fees.

Start without a checking account

Open a Personal Savings Account today even if you're new to CIBC US.

Banking is easier when you save with us

Our Personal Savings Account helps you save with features that set you up for success.

Enjoy convenient banking

Open your account with a deposit of just $50
Do all your banking on your phone²
Make everyday banking seamless with unlimited transfers and withdrawals among CIBC Bank USA accounts

Start banking with us

Apply for an account via CIBC US Digital Banking or at a CIBC Banking Center. If you're an existing client, your application process may be even shorter.

Apply at a banking center

To get started, you'll need your identification, such as a driver's license, state ID, military ID or passport (US or other) and proof of address.

Ways to fund you account:

Deposit cash at a banking center
Transfer funds from an existing CIBC Bank USA account
Write a check from an external account

Find a banking center

Apply online

To get started, you'll need your social security number, a US address (not including US territories) and ID. At this time, only residents of select counties are eligible to apply online.³

Ways to fund you account:

Transfer funds from an existing CIBC Bank USA account
Transfer money from another bank⁵
Mail a check to:

CIBC Bank USA
6825 West 111th St.
Worth, Illinois
60482

Check eligibility