SFGI Direct is offering a great special promotional rate for their Online High Yield Savings account, which is available nationwide.
SFGI Direct, a division of Summit Community Bank, is an online-only bank account that specializes in Savings accounts. Because it operates online only, there are no branches to visit for in-person service. As a result of the lower overhead costs, they are able to provide these great rates on your savings.
SFGI Direct doesn’t offer a Checking account, so you’ll fund this Savings account by linking to an external bank account.
SFGI Direct Savings Account (Nationwide)
The rate for SFGI Direct’s online Savings account is going to be a very good one compared to traditional banking offers, but won’t top the market’s best.
- There’s No Monthly Service charge
- The minimum balance to open the account is $500.
- The minimum balance required to earn the APY is only $1
- Accounts are FDIC insured up to the maximum limit
- Available nationwide – online application
- Fund the account from an external bank
- Access your account online 24/7