Features: Minimum balance $100. Minimum opening balance $100. Up to six withdrawals per month – unlimited deposits. Passbook required to process transactions. Interest terms: Interest begins to accrue on the business day you deposit cash or non-cash items (example checks). Interest is computed on daily balance. Interest is compounded daily and credited quarterly at the end of the calendar quarter. **Interest Rate and APY are variable rate and subject to change at any time. Accounts closed before the end of the quarter forfeit accrued interest. Account Charges: Monthly minimum balance fee if the balance drops below $100 any day of the month is $2. Fee for withdrawals exceeding 6 per month is $1 per withdrawal. Fee for re-issuing a lost passbook is $5.
Safe Banking Tips
Never give out the following information in an email:
• First name, last name, business name
• Email and password combination
• Credit card, bank account, and PIN
• Social security and driver's license number
Do not download attachments, software updates, or any application to your computer via a link you received in an email. State Bank Group Bank will not ask you to download anything for your account to work.