Expand All | Hide All
Personal Savings Accounts
South Coast Bank & Trust savings accounts offer the earning power of great rates with low minimum balance requirements.
Personal Savings Account
The perfect way to save! With a low suggested openind deposit of $50, you'll earn interest while keeping your money safe and sound. The interest rate is announced when the account is opened and is compounded and paid quarterly. There is a $5 service charge should the balance fall below $250 at any point in the quarter and there is no service charge for customers under the age of 18. Federal banking regulations limit certain transactions to six per calendar month. However, an item fee of $3.00 will be charged for each withdrawal in excess of six per quarterly statement cycle.
Personal Money Market Account
Put your money to work! With higher interest rates on larger balances, why not? With a low suggested opening deposit of $50, interest is earned on the daily balance and compounded monthly. The tiered rates are announced when the account is opened, and there is no monthly service charge if the balance is kept above $500. Should the balance fall below that amount, a $5 service charge is incurred. There are six free withdrawals per month, and each withdrawal over six is $5 per transaction.