Minimum to open
$50
$50
$50
Minimum daily balance
(to avoid monthly fee)
$100
$100
or 2 Direct Deposits
$50
Monthly maintenance fee
(if under minimum balance)
$10
$15
$15
Interest
None
None
Yes, tiered
Minimum daily balance to earn interest
N/A
N/A
$0.01
Interest type
N/A
N/A
Split tier calculations
$0.01-$25,000.00
$25,000.01 and above
Current Annual Percentage Yield
N/A
N/A
Variable Rate Amount
Electronic statements
Yes
Yes
Yes
Paper statements
No
Yes
No
Check discounts
1/2 off price of basic checks
when ordered by bank
4 free boxes of basic checks
per year when ordered by bank
N/A
The Southern Bank Company debit card
Yes
Yes
Yes
Online/Mobile Banking
Yes
Yes
Yes
Mobile Deposits
Yes
Yes
Yes
ATM Network Access
Yes
Yes
Yes
Sobanco
© 2023 The Southern Bank Company. All Rights Reserved. NMLS ID 797027.
