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Statement Savings
For the traditional saver who wants to
plan for tomorrow, State Bank offers a Statement Savings account that
can be opened with an initial deposit of only $500. For the individual
seeking simplified record-keeping convenience, the Statement
Savings allows you to combine your savings and checking accounts
into one monthly statement. Interest on the account is compounded
daily and paid quarterly.
Recommended For A Customer Who:
- Wants to earn competitive rate interest
- Maintains lower account balances
Additional Features:
- Six
(6) free withdrawals per month
- Quarterly statement for stand alone account
- Provides a combined monthly statement when you maintain both a checking and a statement savings account
- Earns interest from day of deposit to day of withdrawal
Interest:
- Variable rate is compounded daily and paid quarterly
FDIC insured
To request information on this or any of our consumer products,
click here. We also invite
you to visit one of our branches
and talk to a customer service representative.
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