Personal Savings

Account Comparison

It’s time to start saving money and there’s no better bank to help you grow your account than South Valley Bank & Trust. Our Statement Savings accounts are designed to offer clients a competitive interest rate on all balances, which is compounded daily and paid monthly. The following are additional benefits to opening a Statement Savings account:

• Only $25 to open an account
• Unlimited deposits
• Up to 6 withdrawals per month are free and, then, it’s $2 for every withdrawal over 6

Kids Savings:

Kids are delighted with an account that introduces them to the benefits of saving their money while having fun! Kids receive their own:

• Dollar the Dragon ®Piggy Bank
• Dollar the Dragon® Treasure Map (Child receives 1 sticker per week for a deposit of any amount)
• Dollar the Dragon® Treasure! (upon completion of map)
• Personal Passbook
• Only $25 to Open
• Up to 6 withdrawals per month are free and, then, it’s $2 for every withdrawal over 6

Account Comparison

Our clients asked us to help them save with a little “discipline” in mind!

The account is simple - you earn interest at a higher rate than the Accessible Savings Account, but withdrawals are limited. Here’s how it works… Once you have a specific savings goal in mind, you choose the date/amount of an automatic monthly transfer from your checking account* to your savings account. You then choose either a specific dollar amount or the entire balance to be automatically deposited back into your checking account on the date best for you!

The following are a few Savings with a Purpose highlights:

• Only $25 to open an account
• Automatic monthly deposit from checking to savings
• Interest on balances; higher interest than Accessible Savings

Account Comparison

Premium Money Market

South Valley Bank & Trust's Premium Money Market account offers clients a flexible, interest-bearing Money Market account that pays higher interest rates on all tiers.

Money Market Account

South Valley's Money Market account is also a liquid, interest-bearing account with convenient access and additional earnings.

The following are a few benefits both accounts offer

• Transaction/Withdrawal options:
  • Unlimited transactions when made by mail, messenger or in person
  • Limited if using up to six of the following types of withdrawals per month - Checks, electronic transfers, or pre-authorized electronic debits
• Waived monthly service maintenance fees if your account stays above the minimum balance requirement.
• Free checks
• Competitive interest earned on all balances, compounded daily and paid monthly

Money Market Tiers

The daily balance tiers for interest calculations on all Money Markets are as follows: 

• Balance Below $9,999.99
• $10,000.00 - $24,999.99
• $25,000.00 - $49,999.99
• $50,000.00 - $74,999.99
• $75,000.00 - $99,999.99
• $100,000.00 and over

Kids' Club Money Market

What could be cooler than a Kids Money Market to help teach your kids the value of money and the importance of saving? The very unique Kids Club Money Market account has no monthly maintenance charge…even for the smallest balance.

Highlights of Kids Club feature:

• Kids Club Money Market account; only $25 to open and no monthly maintenance fee!
• Kids Club Dollar the Dragon™ website – an interactive website offering education, games and links to other fun sites.
• Plus, unlimited access to South Valley’s extensive, online Resource Center.

To be eligible for Kids Club, children must be under 18 years of age and have a parent or guardian with a BANKING FOR Life account.

Kids' Money Market Tiers

Kid's Money Market tiers are the same as above.