Southern Community
Bank and Trust
Ready Saver Account
Account Offerings
READY SAVER
High Interest Online Savings Account
Ready Saver is a high yield online savings account that pays 1.35% *Annual Percentage Yield on
your deposits.
The account has no initial minimum deposit requirement. You can open a Ready Saver account with an Automated Clearing House (ACH) transfer from an existing bank account with as little as $1.00. Your deposits are FDIC insured up the legal limit of $250,000**.
Ready Saver has no rate tiers - all deposits receive the same exceptional return. Your funds earn interest accrued monthly and you receive a monthly e-statement with your current account balance. Or you can check your balance by logging on to your online banking account via this website.
Ready Saver includes a free autodraft feature so you may make automatic deposits on a regular basis. A preset amount can automatically be transferred into your Ready Saver account on the day you designate. You may deposit funds electronically at any time. Deposits and withdrawals are made by ACH transfer.
Ready Saver has no monthly service fees or other hidden charges. Your money earns a premium interest rate and your account value grows - it's that simple!
Ready Saver is offered exclusively through Southern Community Bank and Trust. The account can be opened online through this website only; Ready Saver cannot be opened in person at a Southern Community branch location.
** Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor. Depositors who have questions about their insurance coverage may go to www.fdic.gov and use the FDIC's Electronic Deposit Insurance Estimator or call their toll-free number at 1-877-ASK-FDIC.
