*$500 minimum opening deposit. CD must be opened with money not currently on deposit with SMBT. Annual Percentage Yield (APY) is accurate as of 12/01/22. Product offering may be withdrawn at any time. Early withdrawal penalty will be 9 months interest or the full term on the 9 Month CD, and 12 months interest on the 21 Month CD. 9 Month CD automatically renews to the 6 Month rate, and 21 Month CD automatically renews to the 12 Month rate.
Certificates of
Deposit (CD)
  • Balance to open: $500
  • Terms of deposit: 1-60 months
  • Step Up Feature:
    • Option to increase your rate at any time if our current rate improves for an equivalent CD term
    • Feature available only once during the life of the CD
IRAs: Savings Account
  • Balance to open Fixed IRA: $500
  • Terms of 1-60 months
  • Taxes may be deferred on interest earned
  • Contributions may be tax deductible dependent on the account type
    • Consult your trusted tax adviser for details
  • Step Up Feature:
    • Option to increase your rate at any time if our current rate improves for an equivalent IRA term
    • Feature available only once during the life of the IRA




















Ask a New Account Representative for current interest rates.  Interest rates are subject to change.

 If you are managing high balances or a complex financial portfolio, consider contacting our Wealth Management department.