Personal Banking

Insured Money Market Account

SLB offers a money market account that provides a competitive rate of interest while allowing immediate access to your funds. It pays a higher rate of interest than the NOW account. Interest is accrued on a daily collected balance and is credited and compounded monthly.

• Minimum opening balance $2500.00
• Monthly service charge of $10.00 if the balance falls below the $2500.00 minimum
• Minimum balance to avoid service charge $2500.00

Transactions limitations are set by the federal regulations. You are limited to six preauthorized withdrawals per month. Of these six withdrawals, no more than three may be made payable to third parties. Withdrawals in person are unlimited.