Saving money shouldn’t be complicated. That’s why we offer three easy-to-use savings accounts- one of which is sure to fit your needs.
Our basic savings account features tiered interest rates and a low minimum balance requirement to avoid service charges.
Easy Access Savings
Link your SBW savings account to a Debit MasterCard® and enjoy the convenience of making purchases anywhere MasterCard® is accepted.
Designated for children 17 and younger, this account features no monthly service charges and no minimum balance requirements.
|Regular Savings||Easy Access Savings||Minor Savings|
|Service Charge||$2 (if balance <$100)||$2 (if balance <$100)||None|
|Interest Rate||Tiered/ Variable||Variable||Tiered/ Variable|
as of 1/16/2019 at 10:38 pm
|Product||Minimum Balance to Earn Interest||Interest Rate||Annual Percentage Yield|
|Easy Access Savings||$100||0.20%||0.20%|
Christmas Club Account
Trying to save money for the holidays or for a specific purchase? A Christmas Club Account allows you to make weekly deposits via an automatic transfer from another account. Early each fall we will send a direct deposit to your SBW account or an external account that includes your deposits made during the year and the interest earned at maturity.
- No service charges
- Interest is paid at maturity
- Electronic payout at maturity with direct deposit
- Account renews automatically at maturity
- Internet Banking access