SCB Savings/Money Market Accounts
For our business customers' savings needs, Sevier County Bank offers a great commercial money market account~ the Century MMIA.
- Interest set and paid on these balance tiers: $2,500+; $10,000+; $25,000+; and $50,000+
- $2,500 minimum to open
- First order of checks Free
- Check writing privileges- Up to 6 Free per month
- ATM withdrawals and in-person transactions unlimited
- Monthly service fee waived with daily balance $2,500+ ($10 per month if balance falls below $2,500)
- Phone transfers (subject to limit) are $1 per transfer
- SCB Freedom Card (ATM/Debit) available when linked to a SCB checking account.
- Free Online Banking
INTEREST ON LAWYERS TRUST ACCOUNTS (IOLTA)
- Interest on Lawyers Trust Account (IOLTA) is a way for lawyers to earn interest on trust accounts and for the interest to be paid directly to the Tennessee Bar Foundation's IOLTA Fund. These are somewhat complicated as the interest parameters are unique to these IOLTA's.
(Sweep Transfer fee and NSF fee may apply to the above accounts. Sweep Transfer fee- $10. NSF fee- $30.)
For more information on the account above, or any other SCB account,
please give us a call or stop by any branch.
Card Replacement Fee
There is a $5.00 fee for replacing lost or stolen cards.
Funds Availability Policy
Our general policy is to allow you to withdraw funds deposited in your account on the next business day after the day we receive your deposit. Funds from electronic direct deposits will be available on the day we receive the deposit. In some cases, we may delay your ability to withdraw funds beyond the next business day. Then, the funds will generally be available by the second business day after the day of deposit.
Note: All accounts have free access to the Teller Information Phone (TIP) by calling (865) 429-4636 and to SCB Online Banking via the internet by enrolling in the service. Businesses may also sign up for Cash Management Services.
(Please keep in mind that when you open a new account with Sevier County Bank you will be asked to provide identifying information. This is due to banking regulations that followed the attacks on 9-11. We apologize in advance for any inconvenience this may cause you. This identifying information however is essential for our records and beneficial to you the customer as it assists us in knowing you better and helps protect you from the ever increasing number of banking scams that involve identity theft.)