Saving money shouldn’t be complicated. That’s why we offer three easy-to-use savings accounts- one of which is sure to fit your needs.
Regular Savings
Our basic savings account features tiered interest rates and a low minimum balance requirement to avoid service charges.
Easy Access Savings
Link your SBW savings account to a Debit MasterCard® and enjoy the convenience of making purchases anywhere MasterCard® is accepted.
| Regular Savings | Easy Access Savings | |
| Service Charge | $2 (if balance <$100) | $2 (if balance <$100) |
| Interest Rate | Tiered/ Variable | Variable |
| Debit Card | No | Yes |
| Internet Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| TellerPhone Access | Yes | Yes |
Savings Rates
as of 6/30/2020 at 3:00 pm
| Product | Easy Access Savings | Holiday Club | Minor Savings | Regular Savings | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Minimum Balance to Earn Interest | $100 | $0 | $0 | $2,500 | $20,000 | $50,000 | $100,000 | $250,000 | $100 | $2,500 | $20,000 | $50,000 | $100,000 | $250,000 |
| Interest Rate | 0.15% | 0.20% | 0.15% | 0.15% | 0.20% | 0.20% | 0.25% | 0.30% | 0.15% | 0.15% | 0.20% | 0.20% | 0.25% | 0.30% |
| Annual Percentage Yield | 0.15% | 0.20% | 0.15% | 0.15% | 0.20% | 0.20% | 0.25% | 0.30% | 0.15% | 0.15% | 0.20% | 0.20% | 0.25% | 0.30% |
| Product | Minimum Balance to Earn Interest | Interest Rate | Annual Percentage Yield |
|---|---|---|---|
| Easy Access Savings | $100 | 0.15% | 0.15% |
| Holiday Club | $0 | 0.20% | 0.20% |
| Minor Savings | $0 | 0.15% | 0.15% |
| Minor Savings | $2,500 | 0.15% | 0.15% |
| Minor Savings | $20,000 | 0.20% | 0.20% |
| Minor Savings | $50,000 | 0.20% | 0.20% |
| Minor Savings | $100,000 | 0.25% | 0.25% |
| Minor Savings | $250,000 | 0.30% | 0.30% |
| Regular Savings | $100 | 0.15% | 0.15% |
| Regular Savings | $2,500 | 0.15% | 0.15% |
| Regular Savings | $20,000 | 0.20% | 0.20% |
| Regular Savings | $50,000 | 0.20% | 0.20% |
| Regular Savings | $100,000 | 0.25% | 0.25% |
| Regular Savings | $250,000 | 0.30% | 0.30% |
Minor Savings Accounts currently cannot be opened online. Please visit one of our branches to get more information.