Personal Savings

At Southern State Bank, we have a savings plan that will help your money grow. Stop in or call us and let one of our friendly, trained professionals help you find the account that is best for your needs!

Account Type

More Info

Minimum Opening Deposit

Maintenance Charge*

Minimum Bearing

Interest Bearing

Money Market Checking

$1,000

$10.00 if balance drops below $1000.00

$1,000 for no service charge

Yes

Money Market Checking

For customers want to earn interest and write only a few checks.

$1,000 minimum balance to avoid monthly service charge
If the balance drops below $1,000 at any time during the monthly statement cycle, a service charge of $10 will be assessed
Up to three third party checks may be written per month
Unlimited over the counter withdrawals
Federal banking regulations permit up to six pre-authorized, automatic, telephone, or internet transfers (to a third person or to another account of yours at Southern State) per one monthly statement cycle, of which no more than three can be by check, draft, debit card, or similar order payable to a third party

Statement Savings

$100

$5.00 if balance falls below $100 during the quarter

$100 for no service charge

Yes

Statement Savings

For the saver who wants immediate access to funds without a penalty.

$100 minimum to open account
Three withdrawals per calendar quarter at no charge
$1 charge for each additional withdrawal per calendar quarter
$5 charge if balance falls below $100 at any time during the quarter (does not apply to minors)
Quarterly statements
Federal banking regulations permit up to six pre-authorized, automatic, telephone, or internet transfers (to a third person or to another account of yours at Southern State) per one monthly statement cycle, of which no more than three can be by check, draft, debit card, or similar order payable to a third party

Blue Chip Money Market

$1,000

$10.00 if balance drops below $10,000.00

$10,000 for no service charge

Yes

Blue Chip Money Market

For customers who maintain higher balances and want to earn interest above market rates but write only a few checks.

$1,000 minimum balance to open
$10,000 minimum balance to avoid minimum balance charge
$10 minimum balance charge if balance falls below $10,000 at any time during monthly statement cycle
Federal banking regulations permit up to six pre-authorized, automatic, telephone, or internet transfers (to a third person or to another account of yours at Southern State) per one monthly statement cycle, of which no more than three can be by check, draft, debit card, or similar order payable to a third party
Six withdrawals/debits per monthly statement cycle at no charge
$8 charge for each additional withdrawal/debit in excess of 6 per monthly statement cycle
Earn interest above market rates on your entire balance
Interest is Compounded Monthly

Interest rates are tiered based on your account balance

$100,000.00 and above	Rate A
$50,000.00 - $99,999.99	Rate B
$25,000.00 - $49,999.99	Rate C
$10,000.00 - $24,999.99	Rate D
$0.00 - $9,999.99	Rate E

Blue Chip Savings

$1,000

$13.00 if balance drops below $2500.00

$2,500 for no service charge

Yes

Blue Chip Savings

For savers who maintain higher balances and want to earn interest above market rates.

$1,000 minimum balance to open account
$2,500 minimum balance to avoid minimum balance charge
$13 minimum balance charge if balance falls below $2,500 at any time during calendar quarter
Federal banking regulations permit up to six pre-authorized, automatic, telephone, or internet transfers (to a third person or to another account of yours at Southern State) per one monthly statement cycle, of which no more than three can be by check, draft, debit card, or similar order payable to a third party
Three withdrawals/debits per calendar quarter at no charge
$7 charge for each additional withdrawal/debit in excess of 3 per calendar quarter
Earn interest above market rates on your entire balance
Interest is Compounded Quarterly

Interest rates are tiered based on your account balance

$100,000.00 and above	Rate A
$50,000.00 - $99,999.99	Rate B
$25,000.00 - $49,999.99	Rate C
$2,500.00 - $24,999.99	Rate D
$0.00 - $2,499.99	Rate E

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Click here to Apply for any of these accounts.
Contact Us for more information on these accounts or to apply for any of these accounts.
Click here to see how your money can grow over time with Southern State Bank.

*Maintenance charge is charged per statement cycle.

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