Accounts

Accounts


What account is in your best interest?
When you trust your money to a bank, you want to be sure it's in an account that’s right for you. That's exactly why Southern Illinois Bank has so many accounts for your selection. With a variety of checking and savings accounts available, we will help you find the one account that has your best interest at heart.

All of our accounts come with FREE telephone banking, online banking, bill pay and also free E-statements and E-notices!


FREE CHECKING

  • Minimum deposit to open account $100.00
  • No monthly service fee
  • No minimum balance
  • Non-Interest bearing account
  • Unlimited check writing
  • Master Card Debit/ATM Card available upon approval.

SMALL BUSINESS CHECKING

  • Non-interest bearing account
  • Minimum deposit to open account $100.00
  • No minimum balance or monthly service charge
  • Unlimited Check writing
  • Business Debit Cards

CORPORATE BUSINESS CHECKING

  • Non-interest bearing account
  • Minimum deposit to open account $100.00
  • No minimum balance
  • $150.00 monthly service charge
  • Unlimited Check writing
  • Business Debit Cards

NOW CHECKING

  • Interest bearing account. Your interest rate and annual percentage yield may change.
  • Minimum deposit to open account $100.00
  • Minimum balance to avoid fees $1,000.00
  • A service fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.
  • Unlimited Check writing
  • Master Card Debit/ATM Card available with approval

See our RATES page for our current NOW account rate!


SAVINGS

  • Interest bearing account. Your interest rate and annual percentage yield may change.
  • Minimum deposit to open account $100.00
  • Minimum balance to avoid fees $200.00
  • Limited Withdrawals
  • Master Card Debit/ATM Card available upon approval (you must have a checking with us to be able to link your savings account to it).
  • A service fee of $6.00 will be imposed every statement cycle if the balance in the account falls below $200.00 any day during the quarter.
  • See our RATES page our current Savings account rate!

MINOR SAVINGS

  • This account is for customers under 18 years of age.
  • Interest bearing account. Your interest rate and annual yield may change.
  • Minimum deposit to open account $10.00
  • Monthly service charge waived until the age of 18.
  • Limited Withdrawals
  • No Master Card Debit/ATM card available.

See our RATES page for our current Minor Savings account rate!


CHRISTMAS CLUB

  • Interest bearing account. Your interest rate and annual yield may change.
  • Minimum to open account $10.00
  • No monthly service charge
  • No withdrawals
  • No Master Card Debit/ATM card available.
  • Checks are delivered with plenty of time before the Holiday Shopping Season.

See our RATES page for our current Christmas Club savings account rate!


MONEY MARKET

  • Interest bearing account. Your interest rate and annual percentage yield may change, tiered interest based on account balance.
  • Minimum deposit to open $100.00
  • Minimum balance to avoid fees $1,000.00
  • Limited Check Writing
  • Master Card Debit/ATM Card available upon approval
  • A service fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.

See our RATES page for the current Money Market rates!


PREMIUM MONEY MARKET

  • Interest bearing account. Your interest rate and annual percentage yield may change, tiered interest based on account balance.
  • Minimum deposit to open $10,000.00
  • Minimum balance to avoid fees $10,000.00
  • Limited Check Writing
  • Master Card Debit/ATM Card available upon approval
  • A service fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $10,000.00 any day of the cycle.

See our RATES page for the current Premium Money Market rates!


CERTIFICATE OF DEPOSIT (CD)

  • Minimum deposit to open account $1,000.00
  • Interest bearing account. Your interest rate and annual yield may change.
  • 6 month to 5 year intervals available.
  • Penalty will be imposed with early withdrawal.

See our RATES page for our current CD rates!


INDIVIDUAL RETIREMENT ACCOUNT (IRA)

  • Minimum deposit to open account $1,000.00
  • Interest bearing account. Your interest rate and annual yield may change.
  • 6 month to 5 year intervals available.
  • Penalty will be imposed with early withdrawal.

See our RATES page for our current IRA rates!