The Build Savings account is here to help you establish savings routines to prepare for and manage the unexpected financial challenges life throws your way.
Earn 4.25% APY*
in your high yield savings account
No minimum balance
Rate valid up to $4999.99
No monthly fees
HERE’S HOW IT WORKS
-
The Build Savings account offers a competitive interest rate so the money you save earns more.
-
We’ll provide you with essential tips, strategies, and tools to make saving easier and successful long term.
-
You’ll have regular opportunities to win prizes and attend special events.
WE'LL HELP YOU...
SAVE MONEY
Set yourself up to save over $365 in one year… with only 60 seconds of effort.
MAKE IT EASY
Use simple ways to move $5, $10, or $20 into your savings account that you used to leave in your spending account… in just a few seconds.
HAVE FUN
And save at the same time. We’ll have frequent giveaways and prize drawings for account holders.
REACH GOALS
Set and meet savings goals for everything from an emergency fund to new snow tires, summer vacations to outdoor gear.
FAQ
Within Mascoma Bank’s digital banking, navigate to the Transfers menu.
Select “Add Account.”
- Option A
- Select “Add an External Account” to connect your external account with its digital banking credentials.
- Choose a financial institution from the list or search for one.
- Once you find your financial institution, select it.
- Enter your Username and Password for your external account to log in via Yodlee.
- If multi-factor authentication (MFA) is enabled for the external account, a prompt to validate your credentials will appear.
- On the Select Accounts page, choose the account(s) you wish to add.
- Select “Submit.”
- On the Verify page, click “Continue.”
- After the account is verified, the external account is available immediately in the Transfers menu.
- Option B
- Select “Manually Add an External Account.”
- Select the account type from the dropdown menu.
- Enter the Routing Number.
- Enter the Account Number.
- Confirm the Account Number by entering it a second time.
- Enter a Nickname.
- Select the “Continue” button to add the account.
- To verify the account, a code is sent via your chosen method—email, text, or call. Enter the code and click “Verify.”
- The system will send two trial deposits to the account. This process may take up to three business days to complete. Before the account can be added to your profile, you must confirm the value of the first and second trial deposits.
- To view the pending external account and confirm the trial deposit, go to your Dashboard and click on the “Confirm” notification that appears. Notifications are indicated by a dot near the bell icon in the top right corner. You can also find the confirmation in the Settings menu, under Accounts, then ACH accounts.
- Select your account and click “Confirm.”
- Enter the two trial deposit values and click on “Confirm” to successfully add the external account for transfers.
On balances up to $4999.99, the competitive higher rate will apply. For balances of $5000 or more, the base savings rate will apply.
*+ Qualifications required
APY = Annual Percentage Yield
Rate valid up to $4999.99
For balances of $5000 and above, the rate will revert to the base savings rate
Minimum balance to earn interest $.01
Rates are subject to change without notice. Current rates valid as of 4/15/2025
Fees may reduce earnings on an account