When you open a Savings account with Southern Bank, you are making a great investment. Our Personal Savings offer the best benefits; from Christmas Club to Money Market Savings to Individual Retirement Accounts, Southern Bank has it all. When it comes to saving, we know what’s important. We work to offer you the best savings options, because you’re important to us.
PERSONAL SAVINGS ACCOUNTS
- Earns Interest
- Funds are easily accessible
- No monthly maintenance fee with $200 minimum balance
- Restrictions apply
Christmas Club Savings
- Start with $25
- You choose how much to deposit
- We mail you a check for the balance in November, just in time for Christmas!
An Easy Way to Make Saving Automatic
With the Savings Made Simple program, every time you use your Southern Bank debit card the transaction is rounded up to the nearest dollar. To get started with this free service, all you need is your Southern Bank debit card and checking account, and a Southern Bank savings account.
- $100 minimum deposit to open
- Roth or Traditional IRAs available
- Fixed or variable rates
- Tax-deferred investments
Money Market Accounts
- Standard and Premium Accounts
- Interest rate based on balance – the higher the balance, the higher the rate
- No monthly fee when qualifiers are maintained
Certificate of Deposits (CDs)
- $500 minimum deposit to open
- Guaranteed rate of return
- Terms range from one week to five years