Savings Accounts
High-yield Savings Accounts. Health Savings Accounts. Accounts for 55+ savers (and young savers too).
Certificates of Deposit
Effective as of 1/13/2025
| Rates Maturity | Interest Rate | APY* |
|---|---|---|
| 6 Month CD | 1.60% | 1.61% |
| 7 Month CD New Money** | 4.17% | 4.25% |
| 8 Month CD | 3.93% | 4.00% |
| 12 Month CD | 2.20% | 2.22% |
| 18 Month CD | 2.40% | 2.43% |
| 24 Month CD | 2.96% | 3.00% |
| 30 Month CD | 3.93% | 4.00% |
| 36 Month CD | 2.96% | 3.00% |
| 42 Month CD | 2.96% | 3.00% |
| 48 Month CD | 2.96% | 3.00% |
| 60 Month CD | 2.96% | 3.00% |
| 84 Month CD | 2.96% | 3.00% |
Interest rates are subject to change without notice. Substantial penalty for early withdrawal. $500 minimum balance to open the account. Fees may reduce earnings.
*Annual Percentage Yield.
**At least half of the total opening deposit must be new money. New money for this special is defined as funds deposited after December 2nd for the first time, or funds that have not been on deposit at SBSI in the last 90 calendar days. Other terms and rates available. Fees may reduce earnings. Early withdrawal penalties apply.
*Annual Percentage Yield.
**At least half of the total opening deposit must be new money. New money for this special is defined as funds deposited after December 2nd for the first time, or funds that have not been on deposit at SBSI in the last 90 calendar days. Other terms and rates available. Fees may reduce earnings. Early withdrawal penalties apply.
Savings Accounts
Effective as of 1/13/2025
| Mainely Preferred Savings Account | Interest Rate | APY* |
|---|---|---|
| Less than $25,000 | 0.15% | 0.15% |
| At least $25,000 but less than $50,000 | 0.40% | 0.40% |
| At least $50,000 but less than $100,000 | 0.60% | 0.60% |
| At least $100,000 but less than $250,000 | 1.05% | 1.06% |
| At least $250,000 but less than $500,000 | 1.35% | 1.36% |
| At least $500,000 but less than $750,000 | 2.10% | 2.12% |
| $750,000 or more | 2.30% | 2.32% |
Fees may reduce earnings on these Savings Accounts. Rates are subject to change after account opening.
*Annual Percentage Yield.
Youth Savings Account
Effective as of 1/13/2025
| Balances** | Interest Rate | APY * |
|---|---|---|
| $0 to $5,000.99 | 1.30% | 1.31% |
| $5,001.00 or more | 0.40% | 0.40% |
Fees may reduce earnings on these savings accounts.
Rates are subject to change after account opening.
*Annual Percentage Yield.
**Annual percentage yield for this tier will range from 0.45% to 1.46% depending on the balance in the account.
Checking Accounts
Effective as of 1/13/2025
| Account | Interest Rate | APY* |
|---|---|---|
| Mainely Now Account | 0.15% | 0.15% |
| Mainely Super Now: $0 - $2,499.99 | 0.10% | 0.10% |
| Mainely Super Now: $2,500 or more | 0.30% | 0.30% |
Fees may reduce earnings on this account. Rates are subject to change after account opening.
*Annual Percentage Yield.
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Checking
Free Checking Accounts, Online Checking Accounts, free Debit Cards and more.
Rates & Fees