Personal Savings
Let us help you find an easy way to save.
The State Bank of Faribault offers several options for you to save and earn interest on your money.
Let us help you find an easy way to save.
Accrue daily
Accrue daily
SELECT SAVINGS
This account has tiered rates rewarding higher balances
- Interest accrues daily and credited monthly
- Free e-statements available
- Free Internet Banking transfers
- Unlimited Withdrawals in person
Interest tiers:
$2,500.00-$24,999.99
$25,000.00-$49,999.99
$50,000.00-$99,999.99
$100,000.00 and over
$.01-$2,499.99
PERSONAL SAVINGS
A great account to build great savings habits
- Interest accrues daily and is credited quarterly
- Free e-statements available
- Free Internet Banking transfers
- Unlimited withdrawals in person
E-SAVINGS
Receive an e-statement and earn higher rates
- Interest accrues daily and credited monthly
- Unlimited withdrawals in person
- E-statements are required
- Free Internet Banking transfers
SIMPLE SAVINGS
A very basic savings to get started with a small minimum requirement
- Interest accrues daily and credited quarterly
- Free e-statements
- Free internet banking transfers
- Unlimited withdrawals in person
CUB CLUB SAVINGS
A special savings account for our kids age 12 and under
- Interest accrues daily and credited quarterly
- No interest earned if balance fall below $25.00
- Unlimited withdrawals in person
- Free e-statements
- Group activities
- Savings Rewards:
Free savings bank on account opening
Save $150.00 and get a T-shirt
Save $300.00 and get a Cubby Lion
Save $500.00 and get $10.00 bonus to your account
Save $1,000.00 and get a bonus rate on new Certificate of Deposit
SELECT SAVINGS
This account has tiered rates rewarding higher balances
- Interest accrues daily and credited monthly
- Free e-statements available
- Free Internet Banking transfers
- Unlimited Withdrawals in person
Interest tiers:
$2,500.00-$24,999.99
$25,000.00-$49,999.99
$50,000.00-$99,999.99
$100,000.00 and over
$.01-$2,499.99
PERSONAL SAVINGS
A great account to build great savings habits
- Interest accrues daily and is credited quarterly
- Free e-statements available
- Free Internet Banking transfers
- Unlimited withdrawals in person
E-SAVINGS
Receive an e-statement and earn higher rates
- Interest accrues daily and credited monthly
- Unlimited withdrawals in person
- E-statements are required
- Free Internet Banking transfers
SIMPLE SAVINGS
A very basic savings to get started with a small minimum requirement
- Interest accrues daily and credited quarterly
- Free e-statements
- Free internet banking transfers
- Unlimited withdrawals in person
CUB CLUB SAVINGS
A special savings account for our kids age 12 and under
- Interest accrues daily and credited quarterly
- No interest earned if balance fall below $25.00
- Unlimited withdrawals in person
- Free e-statements
- Group activities
- Savings Rewards:
Free savings bank on account opening
Save $150.00 and get a T-shirt
Save $300.00 and get a Cubby Lion
Save $500.00 and get $10.00 bonus to your account
Save $1,000.00 and get a bonus rate on new Certificate of Deposit