Business Savings

Our flexible savings account – with its low minimum opening deposit and competitive rate of interest — provides an easy way for your business to save.

Features and Benefits

Just a $200 deposit to open
Low minimum balance requirement of $200
$10 per month service charge if balance is not maintained
Withdrawals limited to 6 per monthly cycle*
Excess withdrawal fee of $2 per withdrawal
Balances of $200 or more earn interest
Interest is compounded daily and credited quarterly
FREE Online Banking**
FREE Telephone Banking
Quarterly*** statement via E-Docs or U.S.Mail

* Unlimited withdrawals and transfers are allowed at teller windows, ATMs, and by mail. Telephone withdrawals (made via check mailed to customer) are also unlimited. All other types of transfers and withdrawals are limited to six per statement cycle, made by check, draft, debit card, or similar order to third parties.

**Third party internet or service provider rates may apply. Bill payment service is not available for Money Market Accounts or Savings Accounts.

***If electronic funds transfer takes place, a monthly statement is generated.

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The website you are about to visit, South Atlantic Financial Group, is not part of the South Atlantic Bank web family or southatlantic.xyz domain. The site is not under South Atlantic Bank control and South Atlantic Bank is not responsible for the information or links you may find there. South Atlantic Bank is providing the link only as a convenience.

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Not a bank or credit union deposit obligation. Not FDIC or NCUA insured. Not insured by any federal government agency. Not guaranteed by any bank or credit union. May go down in value.

South Atlantic Bank receives compensation from MML Investors Services (MMLIS) and its affiliates for referring clients to MMLIS and its representatives. MMLIS’s affiliates include Massachusetts Mutual Life Insurance Company (MassMutual), MML Bay State Life Insurance Company (MML Bay State), C.M. Life Insurance Company (CM Life) and MML Insurance Agency, LLC (MMLIA). As a result, South Atlantic Bank has an incentive to refer clients to MMLIS and its representatives.

For the products and services offered through MMLIS, South Atlantic Bank with receive 12% of the dealer concessions, commissions and advisory fees received by MMLIS. For products offered through MMLIA, South Atlantic Bank will receive a percentage (which will be determined at the time of purchase) of the compensation paid to the MMLIS representative. For all products offered by MassMutual, MML Bay State and CM Life, South Atlantic Bank will receive a percentage (which will be determined at the time of purchase) of the compensation paid to the MMLIS representative.

Securities, investment advisory and financial planning services offered through qualified registered representatives of MML Investors Services, LLC., Member SIPC. Supervisory Office: 40 Calhoun Street, Suite 310, Charleston, SC 29401, Phone: 843-856-3411. South Atlantic Bank is not a subsidiary or affiliate of MML Investors Services and is not a current client. Local sales agencies are not subsidiaries of Massachusetts Mutual Life Insurance Company (MassMutual) or its affiliated companies.