Savings

Whether for a short- or long-term goal or to establish an emergency fund, saving money should be a part of your personal financial plan. SNB offers a range of savings accounts –no matter what your savings objectives, we have an account that works for you. All of our accounts come with FREE e-Statements, FREE ATM or Debit Cards and the convenience of FREE Online Banking and Bill Pay.

Account Name Minimum to Open Account Monthly Fee Balance to Avoid Monthly Fee Interest Learn More
Statement $50 $3 $100 Yes

Statement Savings:

Earn interest with this basic savings account - no bells or whistles, just steady savings.

Details:

  • Earns interest (variable, rate subject to change daily; compounded and paid quarterly; see rates)
  • Quarterly statements
  • Unlimited in-person deposits and withdrawals
  • Six pre-authorized debits and electronic/telephone transfers per month; $3 per additional debit. Fees may reduce earnings on this account.
Minor $50 N/A N/A Yes

Minor Savings:

You're never too young to learn how to save. This interest-earning account is for our youngest savers - no minimum balance required.

Details:

  • Earns interest. Variable rate, subject to change daily. Interest is compounded and paid quarterly. (see rates)
  • No monthly service charge until account holder reaches age 18
  • Unlimited in-person deposits and withdrawals
  • Six pre-authorized debits and electronic/telephone transfers per month; $3 per additional debit. Fees may reduce earnings on this account.
  • Statements produced quarterly
Christmas Club $50 N/A N/A Yes

Christmas Club Savings:

Avoid holiday shopping debt. Deposit funds into your Christmas Club Savings Account throughout the year to avoid the sting of holiday spending.

Details:

  • Earns interest. Variable rate, subject to change daily. Interest is compounded and paid annually. (see rates)
  • All funds are automatically deposited into your checking or savings account at the end of the term
  • Easy to set up auto transfers from other accounts - as frequently as you'd like
  • Unlimited in-person deposits and withdrawals
  • Six pre-authorized debits and electronic/telephone transfers per month; $3 per additional debit. Fees may reduce earnings on this account.
HSA $100 $3 N/A Yes

HSA Savings:

If you have a high-deductible health plan, a health savings account (HSA) can allow you to save for medical expenses throughout the year.

Details:

  • Earns interest. Variable rate, subject to change daily. Interest is compounded and paid monthly. (see rates)

All accounts closed within the first 90 days will be subject to a $25 service charge.

Customers under the age of 18 are considered to be minors. All minor savings accounts must be opened with someone 18 years of age or older

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