Our COVID-19 Response
In Observance of The Fourth of July, all Savings Bank of Danbury branches and offices will be closed on Friday, July 3rd and Saturday, July 4th.

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 .03% .03% $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 as of: July 04, 2020

  • 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