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Savings Accounts and CDs

Savings Account

Description:

  • A fundamental step in building wealth for tomorrow.  

Requirements:

  • Minimum balance to open - $250.00
  • Covered withdrawals are limited to 6 per month or statement cycle
  • No interest paid on balances under $100.00

Benefits:

  • No transaction fees up to the limit of 6

Cost:

  • Free with minimum balance of $100.00
  • $ 3.00 monthly service charge if balance falls below $100.00
  • $1.00 per item fee for all withdrawals over the limit of 6

 

Certificates of Deposit (CDs)

Description:

  • Interest bearing time deposit. Insured by the FDIC!  

Requirements:

  • Minimum balance to open - $ 500.00

Benefits:

Choose the term that best benefits you!

  • 3 month term
  • 6 month term
  • 12 month term
  • 18 month term
  • 24 month term
  • 24 hr access to account information at swnbank.com or 580-772-5200