Checking Accounts

Checking Accounts

What's your Priority?

Savings Bank of Danbury tailors checking accounts to fit all needs and lifestyles. Each account comes with a free Visa® Debit Card that enables you to access your money on the go when you make purchases or withdraw money from ATMs. You can use it anywhere Visa® is accepted. Each checking account provides access to the Allpoint network of surcharge-free ATMs throughout North America.


Get a better understanding of how to use your checking account properly through the Checking Navigator.Choose from multiple checking account options with various features: 

  • Priority Checking: Enjoy a checking account with no minimum balance requirements and no monthly service fees. 
  • Priority PLUS Checking: Maintain a monthly direct deposit of $250 or more or maintain a $1,000 average daily balance to avoid monthly service fees. 
  • Priority PLATINUM Checking: This account provides access to the exclusive bonus rates on our CDs. Maintain a $2,500 minimum average daily balance to avoid monthly service fees.
  • Priority NOW Checking: Earn interest on your deposits to get more value out of this account. Maintain a $5,000 minimum daily balance to avoid monthly service fees.
  • NOW Checking: Our NOW Checking account pays a competitive interest rate on the full account balance each day the balance is $1,000 or above. Maintain a $1,000 minimum daily balance to avoid monthly service fees.
  • Student Checking: This account is perfect for local and traveling students. Enjoy $15 of rebated ATM fees per billing cycle and incentives for good grades. Learn more »
Type of Account Annual
Interest Rate Minimum Balance
Required to Open
Minimum Balance
Required to Open
and Earn APY
Priority Checking N/A N/A $50.00 N/A
Priority Plus Checking N/A N/A $50.00 N/A
Priority Platinum Checking N/A N/A $50.00 N/A
Now Checking .05% .05% $50.00 $1,000
Student Checking N/A N/A $10.00 N/A
Priority Now Checking
$1,000 - $9,999.99 .05% .05% $50.00 $1,000
$10,000 - $24,999.99 .05% .05% $50.00 $10,000
$25,000 - $49,999.99 .10% .10% $50.00 $25,000
$50,000 - And Up .10% .10% $50.00 $50,000
Money Market Choice
$.01 - $9,999.99 .05% .05% $50.00 $.01
$10,000 - $49,999.99 .05% .05% $50.00 $10,000
$50,000 - $99,999.99 .05% .05% $50.00 $50,000
$100,000 - $249,999.99 .10% .10% $50.00 $100,000
$250,000 - $499,999.99 .15% .15% $50.00 $250,000
$500,000 - And Up .15% .15% $50.00 $500,000

Rates Effective: March 25, 2019

  • The Interest rate and Annual percentage yield are variable and may change after the account is opened. 
  • Fees may reduce earnings
  • Rates are accurate as of the date shown above
  • Checking Printing Charges – Charges vary depending on the quantity and style ordered.
  • Click on the link provided to see account disclosures and schedule of fees and charges
Features Priority
Monthly Service Fee N/A N/A $12 $20 $6 $25
Minimum to Avoid Monthly Service Fee N/A N/A $1,000 $2,500 $1,000 $5,000
Free VISA Debit Card
Free SBD Online Banking Bill Pay
Free SBD Mobile Banking
Free SBD Telephone Banking
Free paper or E-Statements
Allpoint Surcharge-free ATM Network
No Foreign ATM transaction fees Up to $15*
Unlimited check-writing
SBD Cash Reserve Available
Premium Rates Available on CD’s *
Tiered Interest Rate

Open an Account Today

Open An Account Today