Who Is ZYNLO Bank?
Key Takeaways
- ZYNLO is the digital banking division of PeoplesBank, Holyoke MA, a community bank with more than 135 years of banking experience
- ZYNLO offers award-winning savings products, including NerdWallet’s Best Money Market Account for 2026
- Popular features include ZYNG Round-Up & Match‖, Early Payday** and access to more than 55,000 fee-free ATMs nationwide
- ZYNLO combines the convenience of digital banking with the strength and security of an FDIC-insured institution
- Accounts can be opened and managed entirely online or through the mobile app.
What ZYNLO Offers?
ZYNLO provides a suite of high-yield deposit products designed for people who prefer online and app-based banking without unnecessary fees or complexity.
ZYNG Round-Up Savings & Match‖
At the heart of the ZYNLO experience is ZYNG Round Up & Match, our automatic round-up savings program.
Every eligible debit card purchase is rounded up to the nearest dollar, and the spare change is transferred into your savings account. Then, ZYNLO matches those round-ups, helping customers build savings with everyday spending.
It’s a simple way to save more without changing your spending habits—and one of the features that makes ZYNLO different from traditional banks.
High‑Yield Checking
ZYNLO’s More Spending checking* helps your money work harder by earning interest while remaining available for everyday purchases. Customers also enjoy:
- No monthly maintenance fees
- No minimum balance requirements
- Early Payday**
- Access to more than 55,000 fee-free ATMs nationwide through the Allpoint® network
- Ability to add the ZYNLO debit card to Apple Pay®, Google Pay™ and Samsung Pay® for fast, secure purchases
High‑Yield Savings
The Tomorrow Savings+ helps customers build savings with:
- A competitive Annual Percentage Yield (APY)
- No minimum opening deposit
- No monthly maintenance fees
- Savings Goals and budgeting tools
- Integration with ZYNG Round-Up Savings & Match‖
Money Market Accounts
ZYNLO’s money market^ offers a competitive APY with no minimum balance requirements and no cap on interest earnings.
Whether you’re saving $1,000 or $1 million, you’ll earn the same great rate on your entire balance. In 2026, NerdWallet recognized ZYNLO’s Money Market Account as its Best Money Market Account for 2026.
Certificates of Deposit
For customers looking for guaranteed returns and fixed rates, ZYNLO offers Certificates of Deposit (CDs)‡ with no minimum opening balance requirement.
ZYNLO currently offers 6-, 12-, 18- and 24-month CD terms, giving savers flexibility to choose the option that best fits their goals and timeline.
What Makes ZYNLO Different?
ZYNLO focuses on features people actually use — not bank jargon. Some of the most popular tools include:
ZYNG Round‑Up Savings & Match‖
With ZYNG Round Up & Match, every debit transaction is rounded up to the nearest dollar and the spare change is moved into savings. ZYNLO matches those round‑ups — giving customers a powerful, automatic way to grow their savings.
Early Access to Direct Deposit
Get paid up to two days early with Early Payday**.
100% Digital Banking
Open an account, send money, deposit checks, pay bills and track spending—all from the mobile app or online banking.
No Monthly Fees, Ever
ZYNLO doesn’t charge maintenance fees or require minimum balances on its core deposit accounts.
Spanish Support & Extended Hours
Live support is available in both English and Spanish, with longer hours than many online‑only banks.
Why ZYNLO Was Created?
As people’s financial lives continue to shift to mobile-friendly, always-available digital platforms, PeoplesBank wanted to create a banking experience built for that lifestyle from the ground up.
ZYNLO was designed as a clean, intuitive, tech-forward banking option—especially appealing to customers who prefer managing money through their phone instead of a branch.
Who ZYNLO Is Designed For?
ZYNLO is a great fit for people who want:
- A simple, all‑digital banking experience
- High‑yield accounts without minimums
- Faster access to their paycheck
- Automated savings tools
- Fee-free everyday banking
- A modern app backed by a stable, trusted bank
Summary
ZYNLO is a fully digital banking experience designed for people who want high-yield accounts, useful automation and zero monthly fees—without giving up the security of a longstanding, FDIC-insured institution.
You get modern tools like ZYNG Round-Up Savings & Match, Early Payday, digital wallet compatibility and app-first convenience, backed by PeoplesBank’s 135+ years of banking experience.
Frequently Asked Questions
Is ZYNLO a real bank?
ZYNLO is the digital-only division of PeoplesBank. Accounts are opened through PeoplesBank, and deposits are FDIC-insured within applicable limits.
Is ZYNLO FDIC insured?
Yes. ZYNLO is a division of PeoplesBank, Member FDIC. Deposits are insured up to the maximum amounts permitted by law.
What is ZYNG, exactly?
ZYNG Round-Up Savings & Match‖ rounds each eligible debit purchase up to the nearest dollar and moves the spare change into your savings account. ZYNLO then matches those round-ups (per program terms), helping you save more automatically. See our Terms and Conditions for more information.
Do you charge monthly maintenance fees or require minimum balances?
ZYNLO has no monthly maintenance fees and no minimum balance requirements on our core checking, savings, money market or CD accounts.
How do I get paid early?
If your employer or payroll provider sends direct deposit information in advance, we may make funds available up to two days early**. Timing varies by employer and payroll provider. You can sign up for direct deposit directly in online banking or through your employer.
*More Spending Account: There is no minimum deposit required to open this account. The minimum balance to earn the Annual Percentage Yield (APY) is $0.01. APY is subject to change without notice. Fees may reduce earnings on an account. There is no monthly maintenance service charge, regardless of your balance. Competitive rates are reviewed periodically. See current rates here.
+Tomorrow Savings Account: There is no minimum deposit required to open this account. The minimum balance to earn the Annual Percentage Yield (APY) is $0.01. APY is subject to change without notice. Fees may reduce earnings on an account. There is no monthly maintenance service charge, regardless of your balance. Competitive rates are reviewed periodically. See current rates here.
^ZYNLO Money Market Account: There is no minimum deposit required to open this account. The minimum balance to earn the Annual Percentage Yield (APY) is $0.01. APY is subject to change without notice. Fees may reduce earnings on an account. There is no monthly maintenance service charge, regardless of your balance. Competitive rates are reviewed periodically. See current rates here.
‡ZYNLO Certificate of Deposit: There is no minimum deposit required to open this account. The minimum balance to obtain APY on Certificates of Deposit is $0.01. CD rates are fixed for the term of the account. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). A penalty may be imposed for early withdrawal from a CD and is based on the maturity term and could reduce earnings. Transaction Limitations apply. Refer to the Important Terms and Conditions, Certificate of Deposit Accounts – Truth In Savings Disclosure for the early withdrawal penalties and additional information. Must be 18 or older to open an account. Refer to the ZYNLO Rate Sheet for current rates.
‖ZYNG automatically rounds up debit card purchases to the nearest dollar and transfers that amount from your ZYNLO More Spending Account into your ZYNLO Tomorrow Savings Account. ZYNG will match roundups at 100% for the first 100 days. After the first 100 days, ZYNG will match roundups at 100% if your More Spending Account had an average daily balance (ADB) of at least $3,000 in the previous statement cycle. If your ADB was below $3,000 in the previous statement cycle, roundups will be matched at 25% for the current statement cycle. After not qualifying, you can return to the 100% match if the minimum ADB is met. Matches are applied in real time, and your match percentage is recalculated each month based on the ADB from the prior statement cycle. ZYNLO More Spending with ZYNG Round Up and Match return is estimated using $3,000 average daily balance, 20 monthly transactions, an average of $0.44 per roundup, and 100% match. ZYNLO reserves the right to monitor and assess ZYNG Match transactions for unusual and unnatural use of this benefit. At our sole discretion, ZYNLO may determine that an account has displayed unusual or unnatural use of the ZYNG benefit. Once an account has been identified for using ZYNG in an unnatural manner based on typical customer behavior, ZYNLO reserves the right to (1) remove the account from any and all promotions and campaigns, (2) implement a pause, or pursue closure of the account, and (3) reclaim any ZYNLO Match contributions associated with transactions deemed unnatural or in violation of the ZYNG program.
**Early Payday: Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.
