Interest Rates & Fees
Interest Rates
Account Product Name |
Min. Opening Deposit
|
Min. Balance To Obtain Annual Percentage Yield
|
Interest Rate
|
Annual Percentage Yield (APY)
|
NOW Accountb
|
$1,500.00
|
Amounts Greater than 0
|
0.25%
|
0.25%
|
Christmas Club Savingsa,b
|
$5.00
|
Amounts Greater than 0
|
0.10%
|
0.10%
|
Savingsb
|
$50.00
|
Amounts Greater than 0
|
0.05%
|
0.05%
|
Money Market Savingsb
|
$2,500.00
|
Amounts Greater than 0
|
0.05%
|
0.05%
|
IRAa,b
|
$50.00
|
Amounts Greater than 0
|
0.45%
|
0.45%
|
91 Day CDa
|
$2,500.00
|
Amounts Greater than 0
|
1.00%
|
1.004%
|
182 Day CDa
|
$2,500.00
|
Amounts Greater than 0
|
2.50%
|
2.52%
|
9 Month CDa
|
$5,000.00
|
Amounts Greater than 0
|
3.00%
|
3.03%
|
12 Month CDa
|
$5,000.00
|
Amounts Greater than 0
|
3.25%
|
3.29%
|
The FDIC Improvement Act of 1991 contained within it the “Truth in Savings” Act. The purpose of "Truth in Savings" is to enable consumers to make informed decisions about deposit accounts in depository institutions. Listed above are current interest rates for some of the accounts we offer. In our effort to remain competitive in the ever-changing marketplace, please note that rates, fees, and services may change at any time. Thank you for choosing Sabine State Bank and Trust Company.
Footnotes
(a) A penalty will be imposed for early withdrawal.
(b) The interest rate and annual percentage yield may change after account opening.
Important Notes
- Fees could reduce the earnings on the account.
- Interest Rates and Annual Percentage Yields are current as of July 17, 2023.
- For current rate information call (318) 256-7000.
Additional Services & Fees
Occasionally, you need something out of the ordinary. Listed below you will find the "little extras" we offer and their applicable fees. Please note that these fees may change at any time.
Description of Fee |
Amount
|
ATM / Debit Replacement Card:
|
$5.00 per card
|
Account Activity Printout:
|
$1.00 per page
|
ACH Stop Payment:
|
$35.00 per transaction
|
Account Balance Inquiry:
|
$1.00 per account
|
Account Research/ Reconciliation:
|
$15.00 per hour
|
Telephone Funds Transfer (Interbank):
|
$5.00 per transfer
|
Check Cashing Fee (Non-customer):
|
1% of check amount
|
Personal Money Order:
|
$2.00 each
|
Wire Transfer (Domestic):
|
$30.00 per each outgoing wire
|
Wire Transfer (International):
|
$75.00 per each outgoing wire
|
Wire Transfer (account holder):
|
$15.00 per each incoming wire
|
Collection Items (outgoing):
|
$10.00 each plus postage fees
|
Collection Items (incoming):
|
$5.00 each plus external bank charges
|
Document Copies (paper):
|
$0.25 per page
|
Fax Machine:
|
$5.00 for 1st page; $1.00 per additional page
|
Cashier’s Checks:
|
$7.50 each
|
Snap Shot Account Statement:
|
$1.00 per account
|
Lock Bag (first):
|
$10.00
|
Lock Bag (all others):
|
$15.00 each
|
Large Zipper Bag:
|
$3.00 each
|
Small Zipper Bag:
|
$2.00 each
|
Duplicate Loan Book:
|
$2.00 each
|
Duplicate Checkbook Cover:
|
$2.00 each
|
Duplicate Check Register:
|
$1.00 each
|
Duplicate Savings Cover:
|
$1.00 each
|
Duplicate Savings Register:
|
$1.00 each
|
Legal Processes affecting your account (i.e., Garnishments, Citations, or other):
|
$25.00 each
|
Large Currency Orders:
|
$0.06/ roll of coin; $0.25 /$100 of currency
|
Temporary Checks:
|
$1.00 per sheet
|
Night Deposit Key Replacement:
|
$2.00 each
|
Other Account Fees
Description of Fee |
Amount
|
The following fees apply to Demand Deposit and Savings Accounts:
|
Overdraft Charge:
|
$35.00 per item
|
Stop Payment Charge:
|
$35.00 per item
|
Balancing of Statement Fee:
|
$15.00 per hour
|
Dormant Account Fee:
|
$1.00 per month
|
Insufficient Funds Charge:
|
$35.00 per presentment
|