SAVINGS

If your dreams include a secure retirement, a child’s education or peace of mind for a rainy day, we have a savings plan to help you achieve your goal. Each savings account opened at State Bank Financial offers many added benefits including several convenient locations, free online banking, and access to Intellibank, our free 24-hour telephone banking system, just to name a few.

Preferred Money Market
Statement Savings
Certificate of Deposit
CDARS
Junior Banker
Health Savings Account
IRAS

Preferred Money Market

Earn the premium interest rates of an investment account with the freedom of a savings account and the security of FDIC insurance.* It’s the savings account you’ve always wanted.

No monthly maintenance fee when the minimum balance of $1,000 is maintained. A $5 service charge will be applied if the balance falls below $1,000.
High balances are rewarded with a premium interest rate.
Six transactions per month can be made with this account, three of which can be by check or debit card.
Interest is compounded and credited to your account monthly.

*FDIC insured up to $250,000.

Statement Savings

The right choice when you want an interest bearing account without a high minimum balance requirement.

No monthly maintenance fee when the account balance remains above $100. A fee of $1.50 per month is applied if the minimum balance falls below $100.
Up to six transfers or withdrawals can be made per month at no charge.
Interest is calculated daily and paid out quarterly
Earnings are reflected in a quarterly statement

Certificate of Deposit

A Certificate of Deposit is a safe and secure way to make your money work for you. Your CD will earn a guaranteed rate for a specified period of time.

Rates are tiered so the more money you invest in the CD and the longer the term, the more interest you earn.
Interest on a CD of less than one year will be paid at the end of the term
Interest will be paid annually and/or at maturity on CDs with terms greater than one year.
A penalty for early withdrawal will be assessed.

CDARS®

CDARS®, the Certificate of Deposit Account Registry Service®, is the easiest and most convenient way to enjoy full FDIC insurance on deposit amounts larger than $250,000. By belonging to an exclusive network of banks, we can offer our customers the ability to diversify their funds, the benefit of certificate of deposit rates, and FDIC insurance on deposits over $250,000. Call or stop in to see us today to find out more about this extraordinary service.

Junior Banker

Teach your children the value of saving with our Junior Banker savings account.

For children under the age of 18
No minimum balance required
Up to six transfers or withdrawals can be made per month at no charge.
Interest is calculated daily and paid quarterly to your account
Earnings are reflected on your quarterly statement

Health Savings Account

Combat high deductible health plans with State Bank Financial’s all new Health Savings Account (HSA).

Designed to help you cover medical expenses, our HSA also acts like an IRA with tax and retirement benefits.

Call us today to find out a HSA account can help you:

Cover routine medical expenses until you meet your deductible
Pay for major medical expenses once your deductible is met
Enjoy tax benefits including pre-tax contributions and tax deferred earnings.

IRAs

It is never to early, or too late, to begin saving for your retirement.

Traditional IRA – Your contributions may be tax deductible and earnings will grow tax deferred until withdrawn after age 59 1/2.
Roth IRA – Your account will grow tax deferred and distributions after age 59 1/2 will be tax free. Contribution limits may vary, so meet with a personal banker to see which type of IRA is right for you.

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE
FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a non-interest bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.