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Money Market Accounts

Maximize returns while minimizing effort with a Southern Bank money market account.
Details

Whether you open a Money Market Platinum or Money Market Passbook account, you have convenient acess to your funds while making the most of our tiered interest rates. 

Money Market Platinum
  • Competitive, tiered rates, higher than regular savings
    • Larger balances receive higher rates
  • Avoid the $6 monthly service fee by maintaining a $1,000 minimum daily balance
  • Enjoy flexibility with enhanced access to funds including direct check writing:
    • Unlimited in-person or by mail withdrawals
    • 6 withdrawals or transfers to another institution or third party may be made by check, draft, debit card, or similar order to a third party
    • $2 fee per transaction in excess thereafter
  • Make deposits at any time or set up direct deposit
  • Free online banking
  • Free eStatements
  • Free mobile banking with mobile deposit
  • $1,000 minimum deposit to open
Money Market Passbook
  • Available for personal accounts only
  • Transactions logged through a passbook
  • Competitive, tiered rates, higher than regular savings
    • Larger balances receive higher rates
  • No monthly service fee
  • No minimum balance requirements
  • Deposits and withdrawals must be made in person
    • Check writing and electronic ACH transfers are not available  
  • Free online banking
  • Free eStatements
  • Free mobile banking
  • $10,000 minimum deposit to open

Ready for a new account?

Provide a few basic details to start the simple process.