Southern Community
Bank and Trust
Ready Saver Account
Account Offerings
Southern Community Bank and Trust
Founded in 1996 in Winston-Salem, North Carolina, Southern Community Bank and Trust has a solid history of stability, reliability and performance. Although the Ready Saver high interest savings account is only available online, Southern Community is not a “virtual bank,” but has over 20 branch locations throughout North Carolina.
Southern Community is rated as a four-star, “Excellent” bank by Bauer Financial, an independent evaluating firm with over 25 years experience. As a four-star bank, Southern Community is on the Bauer Financial Recommended Bank & Thrift Report, meaning it is safe, financially sound and is operating well above its regulatory capital requirements.
Furthermore, funds in a Ready Saver account are FDIC insured up to $250,000** per depositor. Rest assured that money deposited with Southern Community is secure and protected.
Please take advantage of the online chat feature on this site if you have questions about Southern Community or the Ready Saver account. A representative will be happy to assist you during the hours of 7:30am-7:30pm EST Monday through Friday, and 9:00am-1:00pm EST on Saturday.
** Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor.
