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Interest Rates

Interest Rate and Annual Percentage Yield (APY) are current as of 06/05/2018.
Rates may vary and are subject to change without notice.

Personal Money Market and Business/Commercial Money Market Accounts

  Interest Rate Annual Percentage Yield (APY)
Up to $2,499.99 0.50% 0.50%
$2,500.00 and up 0.50% 0.50%
Premium Relationship Rate with qualifying checking account* 1.00% 1.00%

Minimum balance required to obtain APY: None. Minimum opening deposit: $100. The APY may vary after the account is opened. Fees could reduce earnings. See us for complete details about the premium rate.

*Accounts are subject to approval. Both the Personal and Business Money Market Accounts require a $100 deposit to open the account and there is no minimum balance requirement to earn interest including the premium rate. All balances can earn the .50% APY/Interest Rate and can also earn the premium rate of 1.00% APY/Interest Rate by maintaining a State Bank Checking account and making at least 10 transactions per month/statement cycle or receive at least 1 ACH Direct Deposit per month/statement cycle. The premium rate will be applied the following statement cycle and will remain assuming the customer continues to make at least 10 transactions from or receives at least 1 ACH Direct Deposit to their checking account per month/statement cycle. Fees may reduce earnings. All rates are current through 4-09-2018. Interest Rates and APY’s are subject to change at any time.

Premier Money Market Accounts

  Interest Rate Annual Percentage Yield (APY)
Premier Money Market**
Less than $49,999.99** 0.50% 0.50%
$50,000.00 - $249,999.99** 0.50% 0.50%
$250,000.00 - $999,999.99** 1.00% 1.00%
$1,000,000.00 - $4,999,999.99** 1.24% 1.25%
$5,000,000.00 - $19,999,999.99** 1.49% 1.50%
More than $20,000,000.00** 1.49% 1.50%

Minimum balance required to obtain APY: None. Minimum opening deposit: $100. The APY may vary after the account is opened. Fees could reduce earnings.

**The Premier Money Market account is available to consumer and business account holders. Accounts are subject to approval. The Premier Money Market accounts requires a $100 deposit to open the account and there is no minimum balance requirement to earn .50% Annual Percentage Yield (APY). Balances of $250,000 or greater can earn 1.00% APY, balances of $1,000,000 or greater can earn $1.25% APY,  balances of $5,000,000 up to $19,999,999.99 can earn 1.50% APY, and balances over $20,000,000.00 can earn 1.50% APY. Fees may reduce earnings. All rates are current through 04-09-2018. Interest Rates and APY’s are subject to change at any time.

Certificates of Deposit, Personal CD and IRA

  Interest Rate Annual Percentage Yield (APY)
30 Days/1 Month 0.10% 0.10%
3 Months 0.25% 0.25%
6 Months 0.50% 0.50%
12 Months 0.75% 0.75%
13 Months *See additional terms and conditions below 1.98% 2.00%
17 Months *See additional terms and conditions below 2.08% 2.10%
18 Months 0.95% 0.95%
24 Months 1.14% 1.15%
36 Months 1.73% 1.75%
48 Months 1.29% 1.30%
60 Months 2.03% 2.05%

Minimum opening deposit and balance to earn interest: $1,000. Early withdrawal penalties may apply. Ask us about other CD maturities and yields.

*Business and consumer deposits welcome for 13 Month and 17 Month Certificate of Deposit. CD terms require a $1000 minimum opening deposit and minimum balance to accrue the advertised Annual Percentage Yield (APY). APY assumes principal and interest remain on deposit for the full term of the certificate. Interest payments will be credited annually. Penalty will be imposed for early withdrawal. Fees could reduce earnings. Interest Rate and APY are effective as of April 09, 2018 and may change at the Bank’s discretion. Deposits are FDIC insured to the maximum allowed by law. For deposits of $250,000 or more, please contact a State Bank branch. The promotional rates for the 13 Month and 17 month CD are not valid for brokerage deposits, institutional investors, public funds, financial institutions, or in conjunction with other promotional offers. At maturity, the 13 month CDs will renew as a 12 month CD and the 17 month CDs will renew as an 18 month CD.

Interest Checking

  Interest Rate Annual Percentage Yield (APY)
50+ Free Interest Checking 0.05% 0.05%
Premium Select Checking - Up to $2,499.99 0.05% 0.05%
Premium Select Checking - $2,500.00 to $49,999.99 0.10% 0.10%
Premium Select Checking - $50,000.00 and up 0.15% 0.15%

Minimum balance required to obtain APY on Interest Checking Accounts: None.
Minimum opening deposit on all Interest Checking Accounts: $100. 
Fees could reduce earnings on Premium Select Checking Accounts.

Savings

  Interest Rate Annual Percentage Yield (APY)
Savings (Personal and Commercial) 0.25% 0.25%

Minimum balance required to obtain APY: $100. Minimum opening deposit: $100.The APY may vary after the account is opened. Fees could reduce earnings.

DISCLAIMER: Rates may vary and are subject to change without notice.