Savings Accounts

Easy and safe, compare the different savings accounts we have to offer and open the one that’s best for you.


Classic Savings

Initial opening deposit of $100.00
NO minimum balance required to earn interest
Interest bearing on the daily collected balances at a variable rate, compounded and credited quarterly. The interest rate may change and is subject to change on a daily basis. Fees may affect earnings.
A service charge of $5.00 will be collected each statement cycle (monthly) if the balance falls below $100.00 any day of the cycle.
A service charge of $0.25 will be collected for each withdrawal in excess of four during a monthly cycle.

Money Market Demand Account

Initial opening deposit of $1,000
FREE Internet Banking
FREE Sherburne Telebank access
Low cost for internet bill pay
Debit / ATM card available at no initial charge
Check safekeeping
$1,000.00 minimum daily balance requirement – A monthly service charge of $10.00 will be collected if the balance falls below $1,000.00 any day of the cycle. Interest bearing on the daily collected balances at a variable rate, compounded and credited monthly. The interest rate may change and is subject to change on a daily basis. Fees may affect earnings.
Note: Transfers from a Money Market Demand account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per statement cycle.

Money Market Advantage Account

Initial opening deposit of $25,000
FREE Internet Banking
FREE Sherburne Telebank access
Low cost for internet bill pay
Debit / ATM card available at no initial charge
Check safekeeping
$25,000.00 minimum daily balance requirement. A monthly service charge of $25.00 will be collected if the balance falls below $25,000.00 any day of the cycle.
Interest bearing on the daily collected balances at a variable rate, compounded and credited monthly. The interest rate may change and is subject to change on a daily basis. Fees may affect earnings.