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Statement Savings

  • Minimum Balance Requirement to Open the Account: $250.00 
  • Minimum Daily Balance Requirement: $250.00 
  • ATM card: 
    • Free at Southport Bank owned ATMs.
    • $1 fee for withdrawals from Non-proprietary ATM*
  • Fees:
    • $3.50 Monthly service fee if minimum daily balance requirement is not met
  • Limitations:
    • You may not make more than six pre-authorized, automatic, computer, or telephone transfers from this account in a monthly statement cycle
    • A $15.00 fee will be charged for each transfer over six clearing in a monthly statement cycle

*Non-Proprietary ATMs are terminals not owned or operated by Southport Bank. These terminals may assess additional fees for withdrawals, transfers and balance inquiries.

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Money Market Investment

  • Minimum Balance Requirement to Open the Account: $2,500.00 
  • Minimum Daily Balance Requirement: $2,500.00 
  • Fees: 
    • $15.00 Monthly service fee if minimum daily balance requirement is not met
  • Limitations:
    • You may not make more than six pre-authorized, automatic, computer, or telephone transfers including checks written from this account in a monthly statement cycle
    • A $15.00 fee will be charged for each transfer or check written over six clearing in a monthly statement cycle

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