Traditional Savings Accounts
Perfect for people who just want the basics.
- $100 minimum opening deposit
- Access to Savings available through Online banking
- Earns interest on any amount
Youth Savings Accounts
Perfect for kids and teens under 18 years old.
- $1 minimum opening deposit
- Access to Savings available through Online banking
- Earns interest on any amount
Certificates of Deposit
South Louisiana Bank offers a variety of CD terms ranging from 14 days to 5 years. The interest rate, annual percentage yield and early closure fee will be determined by the term selected. The minimum deposit for a 14 and 30 day C.D. term is $10,000.00. The minimum deposit for a CD with a term of 60 days or greater is $1,000.00. Stop by or call and speak to a Customer Service Representative for more details.
Health Savings Accounts
Health Savings accounts are available to help with high deductible insurance plans. The account is an interest bearing account with access to the funds by checks. Stop by or call and speak to a Customer Service Representative for more details.
Individual Retirement Accounts
The IRA Savings Account is a simple way to begin saving for retirement by allowing you to make regular contributions that fit your budget.
Insured Money Market Account
SLB offers a money market account that provides a competitive rate of interest while allowing immediate access to your funds. It normally pays a higher rate of interest than the NOW account. Interest is accrued on a daily collected balance and is credited and compounded monthly.
- Minimum opening balance $2500.00
- Monthly service charge of $10.00 if the balance falls below $2500.00 minimum on any one day in the statement period.
- Minimum balance to avoid service charge $2500.00
Transaction limitations are set by federal regulations. You are limited to 6 transfers per month to another account with us or to a third party by means of a pre-authorized, automatic, or telephone arrangement. Withdrawals in person are unlimited.
Club Savings Accounts
Plan ahead with our Club Savings Accounts. You can set aside as little as $5 per week; interest will be earned and credited to your account at the end of the Club period.
South Louisiana Bank offers Christmas Club Savings, Back to School Savings, and Vacation Club Savings accounts.