Personal Banking Services

For more information relating to Deposits, please see our Service Fees, Fund Availability, Accounts Brochure and *Overdraft policies.

Totally Free Checking

A State Bank Group Banking ServiceFeatures: No minimum balance required. Minimum opening balance $100. No monthly minimum balance required. Monthly statement, Unlimited check writing, ATM accessibility, VRU accessibility. *Overdraft fee per item $35. ATM and Bookkeeping fee may apply (see fee chart). 

Student Checking

A State Bank Group Banking ServiceFeatures: Minimum opening balance $25. No monthly minimum balance required. *Overdraft fee per item $35 Monthly statement and unlimited check writing, ATM Debit Card (with Approval). ATM & Bookkeeping fees may apply (see chart). Joint account with parent. Parent can deposit funds into the account at the bank or use direct deposit. *Overdraft protection available (ask for details). Students can bank at their convenience from their dorm room.

Now Checking

A State Bank Group Banking ServiceFeatures: Minimum opening balance $1000. Minimum daily balance $1000. Unlimited Check writing. ATM accessibility, VRU accessibility. Monthly imaged statement. 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 monthly. **Interest Rate and APY are variable rate and subject to change at any time. Account Charges: Monthly maintenance service charge if the daily balance drops below $1000 any day of the month is $6. *Overdraft fee per item $35. ATM and bookkeeping fees may apply (see fee chart). For-profit organizations are not eligible for Now Accounts. This includes all organizations operated for profit, such as corporations, partnerships, associations and business trusts (but not sole proprietorships).

Money Market Plus

A State Bank Group Banking ServiceFeatures: Minimum balance $10,000. Minimum opening balance $10,000. Monthly imaged statement, Unlimited transfers in the bank, withdrawls limited to six per month. ATM accessibility, VRU accessibility. Interest terms: **Interest Rate and APY are variable rate for each balance tier and is subject to change at any time. 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 monthly. Refer to current rate sheet Account Charges:  Monthly maintenance service charge of $26 if the daily balance drops below $10,000 any day of the month. *Overdraft fee per item is $35. ATM and bookeeping fees may apply (see fee chart).

Money Market Account

A State Bank Group Banking ServiceFeatures: Minimum balance $1000. Minimum opening balance $1000. **Interest Rate and APY are variable rate subject to change at any time, monthly imaged statement, up to six withdrawals per month by preauthorized, automatic, or telephone transfer – unlimited transfers are allowed in person and at the ATM.. ATM accessibility, VRU accessibility. 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 monthly. Accounts closed before the end of the statement cycle forfeit accrued interest. Account Charges: Monthly maintenance service charge of $6 if the daily balance drops below $1000 any day of the month. *Overdraft fee per item is $35. ATM and bookeeping fees may apply (see fee chart).

Classic Checking

A State Bank Group Banking ServiceFeatures: Minimum balance $200. (except for within the month opened). Minimum opening balance $100. Monthly imaged statement, Unlimited check writing, ATM accessibility, VRU accessibility. Account Charges: Monthly maintenance service charge if the daily balance on any given day of the month drops below $200 is $7. *Overdraft fee per item $35. ATM and bookkeeping fees may apply (see fee chart)

CD Checking

A State Bank Group Banking ServiceFeatures: Minimum balance $20,000. Minimum daily balance $20,000. Monthly imaged statement, Unlimited Check writing. ATM accessibility, VRU accessibility. Interest terms: Interest begins to accrue on the business day you deposit cash or non cash items (example: checks). Interest is compounded on daily balance. Interest is compounded daily and credited monthly.   Accounts closed before the end of the statement cycle forfeit accrued interest. Account Charges: Monthly maintenance service charge if the daily balance drops below $20,000 is $26. *Overdraft fee per item is $35. ATM and bookkeeping fees may apply (see fee chart). For-profit organizations are not eligible for CD Checking Accounts. This includes all organizations operated for profit, such as corporations, partnerships, associations and business trusts (but not sole proprietorships).

Statement Savings

A State Bank Group Banking ServiceFeatures: Minimum balance $100. Minimum opening balance $100. Monthly statement. Up to six withdrawals per month by preauthorized, automatic, or telephone transfer – unlimited transfers are allowed in person and at the ATM. ATM accessibility, & VRU accessibility. Interest terms: Interest is computed on daily balance. Interest is compounded daily and credited monthly. Interest begins to accrue on the business day you deposit cash or non-cash items (example: checks). **Interest Rate and APY are variable rate and subject to change at any time. Accounts closed before the end of the statement cycle forfeit accrued interest. Account Charges: Monthly maintenance service charge if the balance drops below $100 any day of the month is $3. Fee for withdrawals exceeding six per month is $1 per withdrawal. Overdraft fee per item is $35.  ATM and bookeeping fees may apply (see fee chart).

Passbook Savings

A State Bank Group Banking ServiceFeatures: 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 maintenance service charge if the balance drops below $100 any day of the month is $3. Fee for withdrawals exceeding 6 per month is $1 per withdrawal. Fee for re-issuing a lost passbook is $5.

IRA Accounts

A State Bank Group Banking ServiceThe State Bank Group’s IRAs are a smart way to save for your future. Most IRA accounts are tax deductible and have a maximum yearly contribution that is set by the IRS. If you already have an IRA, you should have it reviewed on a regular basis to make sure you are receiving maximum benefit from it. Now is the time to take advantage of an IRA account that may provide you with tax deferred savings. We offer:

  • Traditional IRAs
  • Roth IRAs
  • IRA Certificates of Deposit
  • SEP IRAs

*Please contact one of our offices for current rates. IRS regulations regarding IRAs are constantly being updated. Changes such as new contribution limits and new types of accounts are common, so check with one of our new accounts associates to get all the details.

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