Spiro State Bank offers savings accounts to help you meet your personal financial goals.
Regular Savings
- Minimum opening deposit $100
- Limit of six debit transactions per month
- Transfers between your accounts at Spiro State Bank initiated in person, by mail, messenger, or ATM are unlimited
- $1 charge per withdrawal in excess of three per quarter
- Interest bearing account, compounded daily and credited to account quarterly
- Account ceases to accrue interest when balance falls below $100
- Interest rate established at the discretion of the bank. The interest rate and annual percentage yield may change.
- Free personal online banking
- Free 24-hour telephone banking
- Quarterly statement
Student Savers Savings
- Savings account for those up to age 18
- Upon 18th birthday, the account will convert to a regular savings account
- Minimum opening deposit $10
- Unlimited deposits, and up to three withdrawals per quarter
- $1 charge per withdrawal in excess of three per quarter
- Limit of six debit transactions per month
- Transfers between your accounts at Spiro State Bank initiated in person, by mail, messenger, or ATM are unlimited
- Interest bearing account, compounded daily and credited to account quarterly
- Account ceases to accrue interest when balance falls below $10
- Interest rate established at the discretion of the bank. The interest rate and annual percentage yield may change.
- Free personal online banking
- Free 24-hour telephone banking
- Quarterly statement
Individual Retirement Accounts (IRAs)
Traditional IRAs and Roth IRAs
- Minimum opening regular deposit $500, spousal deposit $250
- Additional deposits allowed of $500 or more, not to exceed your maximum yearly contribution
- Fixed rate, 36-month term
- Variable rate, 24-month term
- Automatic renewable option available
- Competitive interest rates
Education IRAs
- Minimum opening deposit $25
- Additional deposits allowed of $25 or more, not to exceed your maximum yearly contribution
- Fixed rate, 36-month term
- Variable rate, 24-month term
- Automatic renewable option available
- Competitive interest rates
Contact a New Account Representative for terms and rates.
