Business Deposit Products: SAVINGS ACCOUNTS

Business Regular Savings Account

The Regular Savings Account for businesses provides a means of earning interest without sacrificing liquidity and has a low minimum balance requirement of $100 to give you greater flexibility.

• Available as a Passbook Account or as a Statement Savings Account.

• NO minimum deposit required to open the account.

• Unlimited teller transactions.

• STATE BANK of CHILTON DEPOSIT-ONLY ATM CARD available to qualified applicants.

• $100.00 minimum balance required to avoid $1.50 monthly service fee.

• Earn a competitive rate of interest. Click here for current rates.

*Fees may reduce earnings on this account.

Business 90-day Golden Passbook Savings Account

This account offers savers a great alternative to Certificates of Deposit, and with the low minimum deposit requirement, it allows you to start saving sooner! 

• Earn a competitive interest rate based on the following tiers:

  • $100.00 to $999.99

  • $1,000.00 & over

    • Click here for current rates.

• $100.00 minimum deposit to open the account.

• $100.00 minimum balance required to avoid $1.50 monthly minimum balance fee.

• Unlimited deposits.

• Withdrawals are restricted to the following dates provided the money has been on deposit. for at least 90 days, or by giving the Bank a 90-day written notice.

  • March 1-10

  • June 1-10

  • September 1-10

  • December 1-10

*A penalty may be imposed for early withdrawal of time deposit accounts.

*Fees may reduce earnings on this account.

SBC Biz Choice

• Available for sole proprietors, non-profit organizations and government agencies.

• $1,000 minimum balance required to avoid monthly fee

• Unlimited check writing capabilities

• Free check safekeeping

• Earn a competitive rate of interest. Click here for current rates.

*Fees may reduce earnings on this account.

SBC Biz Money Market

• Available to all business customers.

• $1,000 minimum balance required to avoid monthly fee

• Unlimited teller transactions

• 6 preauthorized transactions per month, 3 of which can be made by check

• Free check safekeeping

• Receive a monthly statement

• Earn a competitive rate of interest. Click here for current rates.

*Fees may reduce earnings on this account.

Business Savings Account Comparison Chart

	Business Regular Savings	Business Statement Savings	SBC Biz Choice	SBC Biz Money Market
Minimum balance to avoid monthly service charge	$100.00	$100.00	$1,000.00	$1,000.00
Minimum balance fee per statement cycle	$1.50	$1.50	$7.50	$7.50
Transaction Limitations	Unlimited Deposits	Unlimited Deposits	Unlimited Deposits	Unlimited Deposits
Check Safekeeping
Free eBranch Internet Banking
Biz eBranch Internet Banking Available

Click here for current rates.

For more information, please contact us.

Certificates of Deposit