Start building your nest egg with this account. You can make unlimited deposits and we can even arrange automatic transfers and direct deposits into your savings account. ATM access is unlimited. With a $200 balance or more, there is no monthly fee, while balances of $200 or less will have only a $2 per month fee. Some fees may apply; consult an Account Specialist at your local branch for more details. Minimum opening deposit is only $100.

This account will get your child started on the rewards and responsibility of saving. K.I.D.$. account holders enjoy ulimited withdrawals per month. Children under the age of 18 receive multiple benefits such as no monthly maintenance fee, and no minimum balance to earn interest. Some fees may apply; consult an Account Specialist at your local branch for more details. Minimum opening deposit is only $25. 

This account is geared to those customers that have a Sullivan Bank mortgage loan and would like the capability of placing money to the side to pay their homeowner’s insurance and real estate taxes.

• No minimum balance requirement.
• No minimum opening deposit.
• No service charges.
• 2 withdrawals allowed per year or the account may be transferred to a regular savings account with standard service charges and/or rates.
• Competitive interest rate.

A Health Savings Account (HSA) is an alternative to traditional health insurance. It is a savings product that offers a different way for customers to pay for their health care. HSA’s enable you to pay for current health expenses and save for future qualified medical and retiree health expenses on a tax-free basis. 

• No Application Fee
• No Service Fee
• No Minimum Balance
• Interest Bearing
• Access Your Account Online

HSA funds can be used to pay for “qualified medical expenses” rolled over year after year.

Take control and start saving today! Contact one of our knowledgeable Account Specialists for more information.

Watch the video below to learn more!

This account pays a higher interest rate and the rates are based on the balance in the account. Deposits, withdrawals and ATM access are unlimited. You may make withdraws or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer, telephone order, instruction, check,draft, debit card or similar order for free. Minimum opening deposit is $2,500 and there is a $10 monthly fee if account balance goes below $2,500.  Consult an Account Specialst at your local branch for more details.

This account is to be used to pay or reimburse a qualified beneficiary’s eligible expenses for the purchase of his or her primary residence in Missouri. Eligible expenses include: purchase or construction of a first home in Missouri, closing costs, taxes and fees.

An individual may be the account holder of multiple accounts and an individual may jointly own the account with another person if they file a joint income tax return. An account holder shall designate a first time home buyer as the qualified beneficiary of the first-time home buyer savings account and may designate themselves as the qualified beneficiary.

• A maximum contribution.
• $1,600 per year for and individual.
• $3,200 per year for account holders who file a joint tax return.

A first-time home buyer is an individual who has never owned a single-family, owner-occupied primary residence including a condominium or manufactured home or an individual re-entering the housing market, if they have not been listed on a property title for at least 3 years.

If the funds are used for a different purpose or to purchase a home outside of Missouri, the tax savings would have to be returned.