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This account is designed for you if… |
Minimum Opening Balance |
Monthly Service Fee |
Annual Percentage Yield |
Star Money Market Account |
You want some check writing access and market rate interest on deposit balances of $5,000 or more. |
$1,000 |
No fee with daily balance of $1,000 Otherwise $10.00 |
Variable interest rate and APY. Higher interest rates earned at $5,000 and $50,000 |
Sweep Account Checking* |
You want excess balances in your checking account transferred daily to Money Market Mutual Funds. |
$10,000 |
No fee with target balance |
Rates of SEI Money Market Mutual Funds change daily. |
*Under Federal Regulation, transfers from a Money Market Account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per month with no more than three by check, draft or similar order to third parties. If this limitation is exceeded on a regular basis, we are required to convert your account to another account that permits unlimited check writing privileges.
Money Market and Sweep Checking Accounts
- Detailed monthly statements.
- Direct Deposit.
- Free Online Banking.
- Automated transfers to and from your deposit accounts within South Central Bank
The Sweep Checking Account includes FREE Online Bill Pay, FREE MasterCard Debit Card and FREE Starsf ATM transactions.
Annual Percentage Yields for interest bearing accounts are available by phone or on our Online Rate Board.
