Deposit Accounts for Every Need
Deposit Accounts for Every Need
Personal Checking
Our easy and flexible checking products are designed to meet your everyday financial needs.
Ease Checking
- NO Minimum Balance Required ($100.00 initial deposit)
- Unlimited Check Writing Privileges
- FREE Internet Banking
- FREE Sherburne Telebank Access
- FREE Internet Bill Pay
- Check Safekeeping
- Debit / ATM Card Available at NO Initial Charge
- Images of Canceled Checks Returned in Statement for a $2.00 Monthly Charge
Ease Rewards Checking
- NO Minimum Balance
- Requirements: One ACH Direct Deposit/month, 24 posted and settled debit card purchases, e-statements, and one digital banking login each month minimum.
- FREE Internet Banking
- FREE Sherburne Telebank Access’
- FREE Internet Bill Pay
- Debit/ ATM Card Available at NO initial charge
- Check Safekeeping
- $100.00 minimum deposit to open the account.
Executive Checking (Age 55 and above)
- NO Minimum Balance Required ($100.00 initial deposit)
- NO Monthly Service Charge
- FREE Box of Checks
- FREE Cashier’s Checks, Money Orders and Account Activity Print-Outs
- FREE Internet Banking
- FREE Sherburne Telebank Access
- Credit of $10.00 on One Safe Deposit Box
- FREE Internet Bill Pay
- Unlimited Check Writing Privileges
- Check Safekeeping
- Debit / ATM Card Available at NO Initial Charge
Advantage Gold Account
- Initial opening deposit of $25,000
- FREE Internet Banking
- FREE Sherburne Telebank access
- FREE internet bill pay
- Debit / ATM card available at no initial charge
- Check safekeeping
- $25,000.00 minimum daily balance requirement. A monthly service charge of $25.00 will be collected if the balance falls below $25,000.00 any day of the cycle.
- Interest bearing on the daily collected balances at a variable rate, compounded and credited monthly. The interest rate may change and is subject to change on a daily basis. Fees may affect earnings.
Savings Account
Easy and safe, compare the different savings accounts we have to offer, and open the one that’s best for you.
Ease Savings
- Initial Opening Deposit of $100.00
- NO Minimum Balance Required to Earn Interest
- Interest Bearing on the Daily Collected Balances at a Variable Rate, Compounded and Credited Quarterly – The interest rate may change and is subject to change on a daily basis. Fees may affect earnings.
- Round Up Savings – Debit Card purchases are rounded up to the next whole dollar amount. Transfer to any SSB checking or savings account. Attached to the account associated with debit card.
- A Service Charge of $5.00 will be collected each statement cycle (monthly) if the balance falls below $100.00 any day of the cycle.
- A Service Charge of $0.25 will be collected for each withdrawal in excess of four during a monthly cycle.
Advantage Platinum Account
- Initial opening deposit of $250,000.00
- FREE Internet Banking
- FREE Sherburne Telebank access
- FREE internet bill pay
- Debit / ATM card available at no initial charge
- Check safekeeping
- $250,000.00 minimum daily balance requirement – A monthly service charge of $50.00 will be collected if the balance falls below $250,000.00 any day of the cycle. Interest bearing on the daily collected balances at a variable rate, compounded and credited monthly. The interest rate may change and is subject to change on a daily basis. Fees may affect earnings.
CDs and IRAs
Certificates of Deposit and Individual Retirement Accounts are a great way to save for the future. CDs and IRAs offer the flexibility of various terms with competitive rates in a FDIC insured instrument. Your Sherburne Bank CD will automatically renew for your convenience. To learn the most current rates and annual percentage yields on our CDs, contact us or visit a branch near you.
Competitive, guaranteed rates for term of deposit:
- $500 Minimum Deposit Required
- Interest Compounds Quarterly
- FDIC Insured
Terms available:
- 3 Months
- 6 Months
- 12 Months
- 24 Months
- 36 Month
Penalty may be imposed for early withdrawal. Rates are subject to change without notice.
IRA Savings Account
Initial opening deposit of $100
