Checking
Free Checking Accounts, Online Checking Accounts, free Debit Cards and more.
Certificates of Deposit
Effective as of 5/6/2024
| Rates Maturity | Interest Rate | APY* |
|---|---|---|
| 6 Month CD | 1.60% | 1.61% |
| 7 Month CD New Money** | 4.89% | 5.00% |
| 10 Month CD Special | 4.46% | 4.55% |
| 12 Month CD | 2.20% | 2.22% |
| 18 Month CD | 2.40% | 2.43% |
| 24 Month CD | 3.00% | 3.04% |
| 30 Month CD | 3.00% | 3.04% |
| 36 Month CD | 3.00% | 3.04% |
| 42 Month CD | 3.00% | 3.04% |
| 48 Month CD | 3.00% | 3.04% |
| 60 Month CD | 3.00% | 3.04% |
| 84 Month CD | 3.00% | 3.04% |
Interest rates are subject to change without notice. Substantial penalty for early withdrawal. Minimum deposit of $500 is required to open a CD. Fees may reduce earnings.
*Annual Percentage Yield.
**New Money for this special is considered any funds deposited between April 1st to May 24th for the first time, or funds that have not been on deposit at SBSI in the last 90 calendar days.
Savings Accounts
Effective as of 5/6/2024
| Mainely Preferred Savings Account | Interest Rate | APY* |
|---|---|---|
| Less than $25,000 | 0.35% | 0.35% |
| At least $25,000 but less than $50,000 | 0.65% | 0.65% |
| At least $50,000 but less than $100,000 | 0.85% | 0.85% |
| At least $100,000 but less than $250,000 | 1.29% | 1.30% |
| At least $250,000 but less than $500,000 | 1.64% | 1.65% |
| At least $500,000 but less than $750,000 | 2.42% | 2.45% |
| $750,000 or more | 2.67% | 2.70% |
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 5/6/2024
| Balances** | Interest Rate | APY * |
|---|---|---|
| $0 to $5,000.99 | 1.45% | 1.46% |
| $5,001.00 or more | 0.45% | 0.45% |
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 5/6/2024
| Account | Interest Rate | APY* |
|---|---|---|
| Mainely Now Account | 0.20% | 0.20% |
Fees may reduce earnings on this account. Rates are subject to change after account opening.
*Annual Percentage Yield.
Looking for our fees?
We are pleased to offer some of the lowest fees available. Find them here.
Savings Accounts
High-yield Savings Accounts. Health Savings Accounts. Accounts for 55+ savers (and young savers too).
Rates & Fees