Membership is subject to eligibility. All new accounts will be verified through ChexSystems and are subject to credit approval. APY = Annual Percentage Yield. Primary Savings $3 monthly service fee is waived for Members under 18 and over 65; or with Direct Deposit, Southland eStatements, Checking, Money Market, Certificate, IRA, or Loan balance.
High Yield Savings: Minimum balance to earn promotional rate is $10,000. To qualify, deposit must be new money transferred to Southland from another financial institution.
High Yield Checking: All new accounts will be verified through ChexSystems and are subject to approval. 3.00% earned on balances up to $10,000, 0.15% on balances of $10,001 and up. Monthly service fee of $5 waived with direct deposit or one bill pay per month. Paper statement fee waived for Members over 65. Unlimited FREE ATM Transactions at Southland Network ATMs, which includes all Southland and CO-OP® ATMs. Use of an Out of Network ATM will result in a $2.00 withdrawal fee, per transaction, and possible third-party surcharges. You may be charged access rates depending on your carrier. Web access is needed to use Mobile Banking. Check with your service provider for details on specific fees and charges. Some restrictions may apply. Mobile Deposits is available to Members in good standing only. Limit one High-Yield Checking per account.
Promotional Certificates: Rates quoted effective 11-9-2023 and are subject to change without notice. Minimum deposit to open is $1,000. To qualify, deposit must be new money transferred to Southland from another financial institution. Unless you direct otherwise, upon maturity, certificate will rollover into the closest standard certificate term; 7-month will rollover to a 6-month. Early withdrawal penalties apply.