Savings
At Suburban Federal Savings Bank, we understand the complexities and fast pace of your life. That's why we have developed a range of savings accounts that offer all the services you require, with a focus on ease of use and convenience. With minimal fees and hassles, we provide savings accounts to help simplify your life.
Accounts
Passbook Savings
- The traditional way to save for the future
- $25 Minimum balance to open
- A book is provided for convenience and easy record keeping
Statement Savings
- $25 Minimum balance to open
- Surcharge - free access at over 1,00 ATMs
- Tiered interest provides higher rates for larger balances
- Accounts statements mailed quarterly
Executive Money Market
- $2,500 Minimum balance to open
- You may write up to three checks per month
- Online check reordering
- Tiered interest provides higher rates for larger balances
- VISA Debit card available
- Unlike a brokerage account, this is FDIC insured
Certificates of Deposit
- $500 Minimum balance to open (except 30 day CD)
- Maturities ranging from 30 days to 5 years
- Competitive rates
Individual Retirement Accounts
- $100 Minimum balance to open
- Traditional and ROTH IRA plans available
- No annual custodial fees
- Rollover and direct transfer services available
Christmas Club Account
- $25 Minimum balance to open
- Flexible savings schedule allows you to deposit as often as you want
- Checks mailed in mid-October for that early holiday shopping spree
* Please refer to account disclosures for restrictions.
