Overview / Commentary
919-658-7000
100 North Center Street
Mount Olive, NC 28365

Southern Bank and Trust Company is headquartered in Mount Olive and is the 7th largest bank in the state of North Carolina. It is also the 352nd largest bank in the nation. It was established in 1901 and as of June of 2018, it had grown to 551 employees at 61 locations. Southern Bank and Trust Company's money market rates are 2X the national average, and it has an A health rating.

Reviews (3)

Great Service Every Time!

Banking with South Bank and Trust has been a refreshing experience. I had currently had accounts with Wells Fargo and was tired of racking up fees and never being able to properly cancel services. I had heard nothing but great things about Southern Bank, so I decided to make the switch four years ago. I make a lot of purchases online and they have given me the freedom to do so safely. They routinely call me if I have made several purchases to new vendors to verify all of the charges are correct. If there is a disputed charge, they have been quick to deny it and protect my safety. The tellers are excellent people who are always friendly, helpful, and efficient. It's wonderful knowing that my checking and savings accounts are in great hands!

DID NOT KEEP THEIR WORD

SOUTHERN BANK DID NOT KEEP ITS WORD ON A LOAN THEY GAVE ME, SO I WAS NOT ABLE TO KEEP MY WORD TO THE MAN I WAS BUYING LAND FROM,THEY WOULD NOT RETURN CALLS FOR WEEKS.THE MGR IN AHOSKIE TALKED UGLY TO ME, THEY CAUSED ME TO LOOSE A PEACE OF LAND I WANTED TO RETIRE ON. I WOULD NOT DEAL WITH THIS BANK

JERRY RABEY

THIS BANK DOES NOT KEEP ITS WORD.THEY HAVE JERKED MY WIFE AND I AROUND FOR THE LAST 30 DAYS. I DONT KNOW HOW THEY STAY IN BUSINESS.



Health

Health Grade Components

Overall
FDIC Certificate #15359
Year Established1901
Employees551
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.25%
Return on Equity - YTD12.42%
Annual Interest Income$48.8MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$2.56B$2.49B
LoansQ2 2018vs Q2 2017$1.66B$1.60B
DepositsQ2 2018vs Q2 2017$2.29B$2.11B
Equity CapitalQ2 2018vs Q2 2017$255.5MM$252.7MM
Loan Loss AllowanceQ2 2018vs Q2 2017$19.6MM$17.7MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$11.0MM$6.9MM
Real Estate OwnedQ2 2018vs Q2 2017$609.00K$911.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Southern Bank and Trust Company; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Southern Bank and Trust Company Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.08%--Regular Savings

Southern Bank and Trust Company Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%*$1m*-Premium MMS
OTHER TIERS: 0.10% $1 - $25k | 0.25% $25k - $50k | 0.50% $50k - $100k | 0.60% $100k - $500k | 0.80% $500k - $1m
0.30%*$100k*-Insured Money Market Savings
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k
0.20%--IRA Money Market
0.20%--Money Market ROTH IRA

Southern Bank and Trust Company Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.04%--Personal Interest on Checking
0.04%--Commercial Interest on Checking

Southern Bank and Trust Company CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$500$100k24 Month Step Rate CD Months 7 to 12
1.90%$500$100k24 Month Step Rate CD Months 19 to 24
1.80%$500$100k24 Month Step Rate CD Months 13 to 18
1.70%$500$100k24 Month Step Rate CD Months 1 to 6
0.90%*$50k*$100k182 - 364 Day CD
OTHER TIERS: 0.70% $500 - $10k | 0.80% $10k - $50k
0.90%*$50k*$100k182 - 364 Day Plus CD
OTHER TIERS: 0.70% $5k - $10k | 0.80% $10k - $50k
0.90%*$50k*$100k182 - 364 Day Prime CD
OTHER TIERS: 0.70% $5k - $10k | 0.80% $10k - $50k
0.35%$500$100k5 Year CD
0.30%$500$100k48 - 59 Month CD
0.25%$500$100k36 - 47 Month CD
0.20%$500$100k24 - 35 Month CD
0.20%$5k$100k12 - 17 Month Plus CD
0.20%$5k$100k12 - 17 Month Prime CD
0.15%$500$100k18 - 23 Month CD
0.10%$500$100k12 - 17 Month CD
0.05%$500$100k7 - 31 Day CD
0.05%$500$100k32 - 90 Day CD
0.05%$500$100k91 - 181 Day CD

Southern Bank and Trust Company IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$50k*-182 - 364 Day IRA
OTHER TIERS: 0.70% Up to $10k | 0.80% $10k - $50k
0.90%*$50k*-182 - 364 Day Roth IRA
OTHER TIERS: 0.70% Up to $10k | 0.80% $10k - $50k
0.35%--60 Month IRA
0.35%--60 Month Roth IRA
0.30%--48 - 59 Month IRA
0.30%--48 - 59 Month Roth IRA
0.25%--36 - 47 Month IRA
0.25%--36 - 47 Month Roth IRA
0.20%--24 - 35 Month IRA
0.20%--24 - 35 Month Roth IRA
0.15%--18 Month Variable IRA
0.15%--18 Month Variable Roth IRA
0.15%--18 - 23 Month IRA
0.15%--18 - 23 Month Roth IRA
0.10%--12 - 17 Month IRA
0.10%--12 - 17 Month Roth IRA
0.10%--12 - 17 Month Education Savings Account
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.