Southern Bank and Trust Company
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.35% | 5-year CD | 5 Year CD 3.00% - Barclays 60 Month Online CD |
| 0.10% | 1-year CD | 12 - 17 Month CD 2.30% - Ally Bank High Yield 12-Month CD |
| 0.02% | Savings | Regular Savings |
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 March of 2018, it had grown to 521 employees at 61 locations. Southern Bank and Trust Company has an A health rating.
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.
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 15359 |
| Year Established | 1901 |
| Employees | 521 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.23% |
| Return on Equity - YTD | 12.11% |
| Annual Interest Income | $24.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $2.55B$2.48B |
| Loans | Q1 2018vs Q1 2017 | $1.63B$1.54B |
| Deposits | Q1 2018vs Q1 2017 | $2.25B$2.16B |
| Equity Capital | Q1 2018vs Q1 2017 | $250.9MM$243.8MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $19.3MM$17.3MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $8.3MM$6.6MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $553.00K$1.6MM |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.02% | - | - | Regular Savings |
Southern Bank and Trust Company Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.30%* | $1m* | - | Premium MMS | ||
| OTHER TIERS: 0.05% → Up to $25k | 0.10% → $25k - $50k | 0.15% → $50k - $100k | 0.20% → $100k - $500k | 0.25% → $500k - $1mm | |||||
| 0.20% | - | - | IRA Money Market | ||
| 0.20% | - | - | Money Market ROTH IRA | ||
| 0.15%* | $100k* | - | Insured Money Market Savings | ||
| OTHER TIERS: 0.02% → Up to $1k | 0.05% → $1k - $25k | 0.10% → $25k - $100k | |||||
Southern Bank and Trust Company Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.02% | - | - | Personal Interest on Checking | |
| 0.02% | - | - | Commercial Interest on Checking |
Southern Bank and Trust Company CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | $500 | $100k | 5 Year CD | |
| 0.32% | $500 | $100k | 24 Month Step Rate CD Months 7 to 12 | |
| 0.30% | $500 | $100k | 48 - 59 Month CD | |
| 0.25% | $500 | $100k | 36 - 47 Month CD | |
| 0.22% | $500 | $100k | 24 Month Step Rate CD Months 19 to 24 | |
| 0.20% | $500 | $100k | 24 - 35 Month CD | |
| 0.20% | $5k | $100k | 12 - 17 Month Plus/Prime CD | |
| 0.15% | $500 | $100k | 18 - 23 Month CD | |
| 0.15% | $5k | $100k | 182 - 364 Day Plus/Prime CD | |
| 0.12% | $500 | $100k | 24 Month Step Rate CD Months 13 to 18 | |
| 0.10% | $500 | $100k | 12 - 17 Month CD | |
| 0.05% | $500 | $100k | 7 - 31 Day CD | |
| 0.05% | $500 | $100k | 182 - 364 Day CD | |
| 0.05% | $500 | $100k | 32 - 90 Day CD | |
| 0.05% | $500 | $100k | 91 - 181 Day CD | |
| 0.02% | $500 | $100k | 24 Month Step Rate CD Months 1 to 6 |
Southern Bank and Trust Company IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 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 | |
| 0.05% | - | - | 182 - 364 Day IRA | |
| 0.05% | - | - | 182 - 364 Day Roth IRA |
