Savings

Personal Savings

Money Market Accounts

  • Premium interest rates.
  • Federal regulations limit the number of debits or checks to six per statement cycle. No limit on in person withdrawals or transfers. $10 excess w/d fee, per item.
  • Maintain a $1,000 minimum daily balance or $2,500 average balance and the $10 service charge will be waived.

Savings Accounts

  • Earns a competitive interest rate.
  • Maintain a $100 minimum daily balance and the $6 quarterly service charge will be waived.
  • Free to minors under 18.
  • Unlimited deposits and 6 withdrawals per month. Excess withdrawal fee is $1 per item.

Certificates of Deposit - CDs

  • Choice of maturities ranging from 7 days to 5 years.
  • $1,000 minimum opening deposit.

Individual Retirement Accounts - IRAs

  • IRA Certificates of Deposit terms of 12 months, 18 months, 2 years and 3 years fixed ($1,000 minimum opening deposit).
  • IRA Certificates of Deposit term of 18 month variable ($100 minimum opening deposit)

Health Savings Accounts - HSAs

  • 18 months variable term

Rates on all savings account options are available at the bank and SFCbank.com.