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ATTENTION: System maintenance will be performed on Wednesday, September 27th between 9:00 P.M. and 11:00 PM. During that time connectivity to our network, SBD Online/Mobile Banking, SBD Business Online/Mobile Banking and Bankline telephone banking may be unavailable. We apologize for any inconvenience this may cause.
 
 


 
money market accounts

Money Market Accounts

Enjoy our highest rates on deposit accounts while maintaining the liquidity you need to cover larger expenses.

When you're looking for the ideal deposit account to grow and access your money, our Money Market Choice* account provides the solution. This account can earn our highest rate available on deposit accounts, depending on your account balance. Create an emergency fund to cover unexpected expenses, or use this account to diversify your savings by earning interest at a higher rate.

  • Maintain a $2,500 minimum balance to benefit from our premium rate
  • The larger your account balance, the more you earn with this tiered, interest-bearing account 

*Minimum $50 to open. If average daily balance falls below $2,500, a $5 monthly service fee is charged. Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or by check, draft or similar order to third parties are limited to six per calendar month or statement cycle.

Savings
Rates Effective: September 1, 2014
Type of AccountAnnual Percentage Yield Interest RateMinimum Balance to Earn Annual Percentage YieldMinimum Deposit to Open Account
Holiday Club^.25%.25%$1$1
Money Market Passbook
$5.00 to $2,499 .03%.03%$5$50
$2,500 and over.05%.05%$2,500$50
Passbook Savings.03%.03%$5$10
Statement Savings .03%.03%$5$10
Vacation Club^.25%.25%$1$1

- Rates may vary after account opening
- Fees may reduce earnings