Notice: All SBSI locations will close at 1:00 PM on Christmas Eve, Tuesday, December 24th, 2024, and will remain closed on Christmas Day, Wednesday, December 25th, 2024. Normal business hours will resume on Thursday, December 26th, 2024.
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FDIC-Insured - Backed by the full faith and credit of the U.S. Government

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Rates & Fees

Looking for the best way to grow your money? With competitive CD rates and savings account rates, you can rest assured that your money is in good hands

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Certificates of Deposit

Effective as of 12/21/2024

Rates MaturityInterest RateAPY*
6 Month CD1.60%1.61%
7 Month CD New Money**4.41%4.50%
8 Month CD4.00%4.07%
12 Month CD2.20%2.22%
18 Month CD2.40%2.43%
22 Month CD New Money**3.69%3.75%
24 Month CD3.45%3.51%
30 Month CD3.00%3.04%
36 Month CD3.00%3.04%
42 Month CD3.00%3.04%
48 Month CD3.00%3.04%
60 Month CD3.00%3.04%
84 Month CD3.00%3.04%
Interest rates are subject to change without notice. Substantial penalty for early withdrawal. $500 minimum balance to open the account. Fees may reduce earnings.


*Annual Percentage Yield.

**At least half of the total opening deposit must be new money. New money for this special is defined as funds deposited after December 2nd for the first time, or funds that have not been on deposit at SBSI in the last 90 calendar days. Other terms and rates available. Fees may reduce earnings. Early withdrawal penalties apply.

Savings Accounts

Effective as of 12/21/2024

Mainely Preferred Savings AccountInterest RateAPY*
Less than $25,0000.20%0.20%
At least $25,000 but less than $50,0000.45%0.45%
At least $50,000 but less than $100,0000.65%0.65%
At least $100,000 but less than $250,0001.09%1.10%
At least $250,000 but less than $500,0001.44%1.45%
At least $500,000 but less than $750,0002.18%2.20%
$750,000 or more2.42%2.45%

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 12/21/2024

Balances**Interest RateAPY *
$0 to $5,000.991.45%1.46%
$5,001.00 or more0.45%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 12/21/2024

AccountInterest RateAPY*
Mainely Now Account0.20%0.20%
Mainely Super Now: $0 - $2,499.990.15%0.15%
Mainely Super Now: $2,500 or more0.40%0.40%

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.

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Checking

Free Checking Accounts, Online Checking Accounts, free Debit Cards and more.
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Savings Accounts

High-yield Savings Accounts. Health Savings Accounts. Accounts for 55+ savers (and young savers too).
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