Savings Account
SouthTrust Bank’s Business Savings Account is an easy way to SAVE! Your account can earn interest that pays monthly!
- Minimum Opening Balance: $25 to open account
- If daily balance falls below $100 on any day in monthly statement cycle a $5 fee will be incurred.
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No charges for automatic debits
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e-statements available
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Free Online Banking
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Free Bill Pay
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Free Mobile Banking*
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Free eStatements with online transaction images
Money Market Account
Our Money Market Account allows you to write checks and achieve a greater rate of interest. This account provides for a tiered rate of interest for accounts carrying larger balances.
- Minimum Opening Balance: $50 to open account
- Maintain a minimum daily balance of $2,000.00 to avoid monthly fee of $10.00
- Free Online Banking
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Free Bill Pay
- Free Mobile Banking*
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Free eStatements with online check images
Certificates of Deposit
Competitively priced interest rates allow you to earn more income in exchange for committing your deposit for a specific period of time.
- Earns interest that pays back to you
- An insured worry free investment (FDIC limitations apply)
- Receive a lower interest rate on your loan when you use your CD as collateral
- Rate stays the same until maturity of the CD
- Penalty for early withdrawal of the CD
IntraFi CDARS®
SouthTrust Bank makes it easier to manage large business deposits with CDARS® . The Certificate of Deposit Account Registry Service®. Now, you can manage all of your business deposits - up to $50 million - with the maximum FDIC coverage under one roof!**
- When you open a large deposit CD with us using CDARS®, we disperse your money in to CDs issued by other banks in the CDARS® network of Financial Institutions
- The CDs issued are in increments of less than the standard FDIC insurance coverage amount to provide you with maximum FDIC insurance.
- CDARS participation subject to SouthTrust Bank's policies and procedures
- We handle the transaction(s) with the other banks
- Watch the 'How CDARS Works' video
*We do not charge for mobile banking, however, your cellular carrier message and data rates may apply.
**Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals. The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits. IntraFi, the IntraFi logo, CDARS, and the Certificate of Deposit Account Registry Service are registered trademarks of IntraFi LLC.