S & C Bank

Saving for a new car, dream home, retirement, college, a rainy day? No matter what your goal is, we will work with you to find a product that meets your needs. From accounts with complete access to accounts that offer very competitive rates, we are committed to finding a product that works for your situation.

Here is a brief description of each type of account to help you compare and choose the one that works the best for you. Of course, we would always be happy to help you pick the correct account over the phone or in person.

Statement Savings
Easy access, low balance requirements, and convenience make this a great account.

Easy Access
Low balance requirements

Money Market Account
A liquid savings account that pays you a better interest rate on larger balances. This account is a great way to earn a little interest on money that you want to have easy acess to.

Certificate of Deposit (CD)
If you want a better return from your investment and don’t require easy access, a CD is a good choice. Certificates of deposit are a great way to guarantee your return over time and not have to worry about the ups and downs of interest rates or the stock market.

We recommend that our customers that have several CDs use what is called a CD ladder. Rather than one large CD, you have several CDs with different maturity dates. That way, as rates go up and down your interest rates don’t fluctuate as wildly. If you have more questions about a CD ladder and their benefits, please ask us!

Option Plus CD
The Option Plus CD gives you just that – Options! You get all the features of a standard CD as well as the special features listed below. Available in an 18 month term.

Once during the term of the CD you can do ONE of the following:
a) Increase your interest rate if the current Option Plus CD rate is higher
b) Make an additional deposit of $100 or more (No more than the original CD amount)
c) Both a and b at the same time

Summit Money Market Account
What is your current Money Market or Money Market Mutual Fund Account earning- 2%, 1.5%, less? The Summit is specifically designed for customers who carry large balances and want to have easy access to that money.

Check out the rates on our newest offering – the Summit Money Market account. These are NOT teaser rates!

The Summit Money Market account- THE TOP OF THE MOUNTAIN IN MONEY MARKETS!
If you have excess cash or routinely carry large balances, put the power of compounding to work for you and your company with our Summit Money Market Account. This account is designed for companies (and individuals) who routinely carry more than $50,000 in savings, checking or money market accounts.

The Summit account currently provides the return of an 18-month CD with complete liquidity and even on-line access. Some features include:

If you have a non-FDIC insured Money Market Mutual Fund, compare the Summit to your current investment. You will probably find our Summit has a much better return.

Minimum Opening Balance.
$25,000

Accessibility.
You can make unlimited deposits into your Summit Money Market Account.
You can make unlimited withdrawals or transfers in person at any of our locations throughout the St. Croix and Chippewa Valleys.
You may have six pre-authorized withdrawals per month (such as phone transfers or on-line transfers). Three of these pre-authorized withdrawals may be in the form of a check.

Fees.
If your balance drops below $25,000 during the month, there will be a $25 fee.

Comparison Chart
Contact S&C Bank



	BUSINESS SAVINGS ACCOUNTS
	Rates FAQ's about Business Savings Accounts View Comparison Chart of Our Different Business Savings Accounts Contact S&C Bank Financial Calculators Saving for a new car, dream home, retirement, college, a rainy day? No matter what your goal is, we will work with you to find a product that meets your needs. From accounts with complete access to accounts that offer very competitive rates, we are committed to finding a product that works for your situation. Here is a brief description of each type of account to help you compare and choose the one that works the best for you. Of course, we would always be happy to help you pick the correct account over the phone or in person. Statement Savings Easy access, low balance requirements, and convenience make this a great account. Easy Access Low balance requirements Money Market Account A liquid savings account that pays you a better interest rate on larger balances. This account is a great way to earn a little interest on money that you want to have easy acess to. Certificate of Deposit (CD) If you want a better return from your investment and don’t require easy access, a CD is a good choice. Certificates of deposit are a great way to guarantee your return over time and not have to worry about the ups and downs of interest rates or the stock market. We recommend that our customers that have several CDs use what is called a CD ladder. Rather than one large CD, you have several CDs with different maturity dates. That way, as rates go up and down your interest rates don’t fluctuate as wildly. If you have more questions about a CD ladder and their benefits, please ask us! Back To Top Option Plus CD The Option Plus CD gives you just that – Options! You get all the features of a standard CD as well as the special features listed below. Available in an 18 month term. Once during the term of the CD you can do ONE of the following: a) Increase your interest rate if the current Option Plus CD rate is higher b) Make an additional deposit of $100 or more (No more than the original CD amount) c) Both a and b at the same time Summit Money Market Account What is your current Money Market or Money Market Mutual Fund Account earning- 2%, 1.5%, less? The Summit is specifically designed for customers who carry large balances and want to have easy access to that money. Check out the rates on our newest offering – the Summit Money Market account. These are NOT teaser rates! The Summit Money Market account- THE TOP OF THE MOUNTAIN IN MONEY MARKETS! If you have excess cash or routinely carry large balances, put the power of compounding to work for you and your company with our Summit Money Market Account. This account is designed for companies (and individuals) who routinely carry more than $50,000 in savings, checking or money market accounts. The Summit account currently provides the return of an 18-month CD with complete liquidity and even on-line access. Some features include: If you have a non-FDIC insured Money Market Mutual Fund, compare the Summit to your current investment. You will probably find our Summit has a much better return. Minimum Opening Balance. $25,000 Accessibility. You can make unlimited deposits into your Summit Money Market Account. You can make unlimited withdrawals or transfers in person at any of our locations throughout the St. Croix and Chippewa Valleys. You may have six pre-authorized withdrawals per month (such as phone transfers or on-line transfers). Three of these pre-authorized withdrawals may be in the form of a check. Fees. If your balance drops below $25,000 during the month, there will be a $25 fee. Comparison Chart Contact S&C Bank Back To Top










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