SFGI Direct is offering a great special promotional rate for their Online High Yield Savings account, which is available nationwide.
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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 Offer: 2.07% APY
The 2.07% APY for SFGI Direct’s online Savings account is going to be a very good rate 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
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