young family and dog all sitting in a car

Savings

Saving Starts Here

 From traditional savings accounts to holiday savings plans, we offer flexible options to help you grow your money- your way. Plus, with easy online and mobile access, managing your savings has never been more convenient. 
 
Start saving today with a bank that knows you by name.
 

Looking for more?

What Savings Option is Best for Me?

 
Category Regular Savings CD Money Market
Best For Simple, everyday saving Fixed-term savings goals Higher-balance saving with flexibility.
How it Works Deposit money anytime and save at your own pace.  Lock in your rate for a set term, from 7 days to 30 months.  Earn interest on higher balances with flexibility to access funds when needed. 
Opening Deposit $10 deposit required at account opening. $1,000 deposit required at time of opening.  $2,500 deposit required at account opening. 
Access to Funds Easy access to your money when you need it.  Funds are committed for the term; penalty for early withdrawal.  Convenient access to your money. Limited to 6 transfers per statement cycles. 
Ideal Savings Goal Emergency funds, holiday savings, or first-time savers.  Larger goals with a planned timeline like a home project or tuition. Short-to-mid-term savings with a focus on both earnings and access. 
 
 
State Bank of Bement is excited to offer a wide ranging selection of savings vehicles. If you have any questions about rates or our savings products don't hesitate to reach out at (217)-678-2311, fill out a contact form or consult our Savings FAQ page for more information. 
Need an account where you can sustainably save and be encouraged to keep it in the account? A Regular Passbook Savings Account is a good start!
 
Benefits
  • Interest Bearing
  • Link with State Bank of Bement checking account to enjoy Visa debit card use at ATMs.
  • Cash Management Services
  • Direct Deposit Option
  • Discounted fees for purchase of prepaid State Bank of Bement Visa Gift Cards
  • Complimentary eTouch24 Account and eStatements
  • Complimentary iniTouch24
  • Complimentary Mobile and Text banking
  • Complimentary Notary Services
  • Complimentary $5 deposit when opening a new Prestige Checking Account at the same time as a new Regular Passbook Savings
Additional Details
 
  • There is no charge for the first four withdrawals in a 30-day period: all other withdrawals are $2.00 each.
  • Dormant savings account fees may apply. 
  • Balance Information: We use the use the daily balance method to calculate the interest on the account. this method applies a daily periodic rate to the principal in the account each day.  
Looking for a savings account with higher balance requirements yielding higher interest rates? The Money Market Account is for you.
 
Benefits
  • Interest Bearing
  • Complimentary box of regular or duplicate checks.
  • Cash Management Services
  • Direct Deposit Option
  • Discounted fees for purchase of prepaid State Bank of Bement Visa Gift Cards
  • Complimentary Visa Debit Card
  • Complimentary eTouch24 Account and eStatements
  • Complimentary inTouch24 Account 
  • Complimentary Mobile and Text banking
  • Complimentary Notary Services
Additional Details
  • Minimum Daily Balance required to avoid $10/month service fee
  • Should the minimum daily balance fall below $2,500 any day during the month, a one-time per month service charge of $10 will be assessed against the account. 
  • Each check, transfer, or withdrawal costs $1.00. Fourth or subsequent checks, transfers or withdrawals will cost an additional $5.00 per item. 
  • Initial deposit of $2,500 required.
  • Balance Information: We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. 
  • Pre authorized transfers are limited to no more than six per month or statement cycle, of which only three may be by check, draft or similar order of withdrawal to third parties. $500.00 minimum for each withdrawal (unlimited in-bank transfers). 
Holiday stress a common factor? Make it easier on yourself with a Christmas Savers Club Account! It only costs $5.00 to start and no money can withdrawn from the account until the end of the program. 
 
Save as little or as much as desired and watch it accumulate, plus gain a little interest along the way. At the end of the program, a check with your entire savings balance is mailed to you. Take advantage of automatic transfers for even easier ways to save!
 
Benefits
  • Interest Bearing Account 
  • No withdrawals allowed
  • Direct Deposit 
  • Discounted fees for purchase of prepaid State Bank of Bement Visa Gift Cards
  • Complimentary eTouch24 Account and eStatements
  • Complimentary inTouch 24 Account
  • Complimentary Mobile and Text banking
  • Complimentary Notary Services
  • Complimentary Coupon Book Offered
Everyone needs to take a break, but without the financial stress vacations can sometimes cause. Make it easier on yourself with a Vacation Savers Club Account! It only takes $5.00 to start and no money can be withdrawn from the account until the end of the program.
 
Save as little or as much as desired and watch it accumulate, plus gain a little interest along the way.  At the end of the program, a check with your entire savings balance is mailed to you. Take advantage of automatic transfers for even easier ways to save!
 
Benefits
  • Interest Bearing Account 
  • No withdrawals allowed
  • Direct Deposit 
  • Discounted fees for purchase of prepaid State Bank of Bement Visa Gift Cards
  • Complimentary eTouch24 Account and eStatements
  • Complimentary inTouch 24 Account
  • Complimentary Mobile and Text banking
  • Complimentary Notary Services
  • Complimentary Coupon Book Offered

Looking for a secure way to grow your savings? Our Certificates of Deposit (CDs) offer competitive fixed rates and term lengths ranging from 7 days to 30 months, giving you the flexibility to save on your schedule. Whether you're setting aside funds short-term or planning for the years ahead, you’ll earn more with the peace of mind that comes from banking locally.

Interested? Contact us today—we’re here to help you find the CD that fits your financial goals.