Sb Personal Checking Accounts 

Sb Personal Savings & Money Market Accounts

Personal Savings:

• Deposit payroll, social security and other recurring savings deposit automatically
• Transfer funds between this account and other Sb accounts online or in person
• Deposit or withdraw funds anytime using your ATM card
• Access your account online anytime

Health Savings Account:

• Effectively manage costs related to your high-deductible health plan
• Use your Sb HSA Debit Card to pay for qualified medical expenses
• Make payments online using Online Banking with Bill Pay
• Competitive interest rates

Money Market:

• Unlimited in-person or by-mail deposits or withdrawals
• 24/7 online access to account information
• Ability to write a limited number of checks on this account

Sb Personal Certificates of Deposit

Certificates of Deposit:

• Terms ranging from 3 months to 4 years
• Open with as little as $2,500

  CUSTOMER IDENTIFICATION REQUIREMENTS: In accordance with Section 326 of the USA PATRIOT Act signed October 26, 2001, Settlers bank is required to obtain a copy of the documents used in identifying our new account customers and in identifying signatory individuals added to an existing or new account.  The bank may require that individuals be physically present, or meet with a bank representative, before opening an account. 

On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which, in part, permanently raises the current standard maximum insurance amount to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.  

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS: All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts. For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.