Savings and cds
Start Small and Watch Your Money Grow
With our Savings Account, you can start saving with as little as $50, earning interest on daily collected balances of $50 or more. Plus, you can access your money quickly and easily with 3 free debits per month, and pay $3 per additional debit.You pay no monthly service charge as long as your daily balance is $200 or more. If your daily balance falls below $200 during any month, a $5 service charge will be assessed that month.
To help our younger bank clients, there is no service charge on accounts set up for account holders under 18, regardless of the daily balance on the account.
Market Investment SavingsSM
For those who would like a high-balance, higher-interest savings account, we offer the Market Investment Savings account. With a minimum opening deposit of $25,000, this account pays interest monthly instead of quarterly. This account also features monthly statements and free e-statements. You can access your money quickly and easily with up to three free debits per month, or just pay $3 per debit if you need to make more than three in a month. Debits from savings account are limited to 6 per month. If your daily balance falls below $25,000 at any time during a month, a $20 monthly service charge will be assessed that month. Fees could reduce the earnings on this account.Certificates of deposit
With a minimum deposit of only $500, you can start your earnings right away. Your interest is then compounded and credited quarterly and at maturity. What could be an easier and safer way to watch your savings grow?Superior Bank offers a wide range of terms - and rates that increase with the term - so talk to us for current rate information and details.**
Contact your local Superior Bank office for special promotions.
For a custom picture of your personal savings needs, have a look at our financial calculators. They can help you plan for the future.
**The entire balance
of Superior Bank CDs must remain on deposit until maturity. There is a
substantial penalty for early withdrawal. CDs automatically renew at
maturity unless the CD is redeemed and funds withdrawn within 10
calendar days of maturity.
DISCLOSURE: Interest on all Superior Bank checking and savings accounts is computed and paid based on the daily collected balance. All rates are variable and subject to change.
DISCLOSURE: Interest on all Superior Bank checking and savings accounts is computed and paid based on the daily collected balance. All rates are variable and subject to change.
