Personal Savings
Whether you’re just starting to save or want to build your nest egg, at Southwest Missouri Bank, we can help you meet your goals!
- $5 minimum deposit to open
- Earn interest on balance (interest rate subject to change)
- No service fee when you maintain a $100 minimum daily balance
- $2 per month when the balance falls below $100
- Withdrawal fee $1 per item when over 6 debit items* per month
*Debit Items include checks and electronic (ACH) items
Moola Moola Children's Savings
- Account for children 13 and under
- $1 minimum deposit to open
- No monthly service charge
- No minimum balance
- Earn interest on balance (interest rate subject to change)
- Parties and prizes for deposits
The Moola Moola kids are having fun - check it out!
Certificates of Deposit (CD)
- CDs offer guaranteed earnings while your principal stays intact (early withdrawal penalties may apply)
- Terms range from 6 months to 5 years with varying interest rates
- Interest rate locked in at time of deposit
Individual Retirement Account (IRA)
- IRAs are a safe way to plan for your retirement
- Terms range from 6 months to 5 years with varying interest rates
- Interest rate locked in at time of deposit
| Regular Savings |
Moola Moola for 13 and under |
|
|---|---|---|
| Minimum To Open | $5 | $1 |
| Minimum Daily Balance | $100 | None |
| Monthly Fee if Below Minimum Daily Balance | $2 | None |
| Per Debit Item Charge | $1 per withdrawal over 6 per month | None |
| Interest Earned | Yes | Yes |
| Debit Card | ATM Card | No |
| Free Transactions at SMB ATMs | Yes | N/A |
| Free Online & Mobile Banking | Yes | Yes |
| Free Electronic Statements | Yes | Yes |
| Paper Statement Fee per Month | None | None |
Deposit Rates
View and compare our current deposit rates on savings, checking, certificates of deposit and more.
