Free Checking Accounts

*APY = Annual Percentage Yield.

*Qualification Information: To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your SBSU High Interest, SBSU Cash Back, SBSU Eats, or SBSU Play account during each Monthly Qualification Cycle: 1) At least 2 direct deposit, ACH payment, or ACH credit transaction(s), 2) At least 12 debit card purchases, and 3) Be enrolled in and agree to receive e-statements. Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. “Monthly Qualification Cycle” means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. See Monthly Qualification Cycle dates.

*Reward Information: When SBSU High Interest account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $20,000 in your SBSU High Interest account earn an interest rate of 4.889000% resulting in an APY of 5.00%; and daily balances over $20,000 earn an interest rate of 0.747000% on the portion of the daily balance over $20,000 resulting in a range from 0.75% to 5% APY depending on the account’s daily balance. Interest will be credited to your SBSU High Interest account on the last day of the current statement cycle.

When SBSU Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 5.00% cash back on up to a total of $200 debit card purchases that post and settle to the account during that cycle period. A maximum of $10 cash back payment may be earned per Monthly Qualification Cycle.

When SBSU Eats qualifications are met during a Monthly Qualification Cycle, you will receive 5.00% cash back on approved grocery purchases (see website for approved stores) up to a total of $300 debit card purchases that post and settle to the account during that cycle period. A maximum of $15 cash back payment may be earned per Monthly Qualification Cycle

When SBSU Play qualifications are met during a Monthly Qualification Cycle, you will receive up to an aggregate total of $12 (which includes any applicable taxes) in refunds for any approved streaming vendor. See website for approved vendors.

When qualifications are not met on the SBSU High Interest account, the interest rate earned on the account’s entire daily balance will be 0.050000% resulting in an annual percentage yield of 0.05% APY. ATM withdrawal fees are also not refunded. When qualifications are not met on the SBSU Cash Back, SBSU Eats, or SBSU Play accounts, cash back payments are not made, streaming purchases are not reimbursed, and ATM withdrawal fees are not refunded. Rates effective as of 12/08/2025. Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.

*Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $20 minimum deposit is required to open the account. There are no recurring monthly maintenance charges or fees to open or close this account. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.