Advantage Interest Savings Account

  • To open the account, a $250 deposit is required.
  • You must maintain a minimum collected balance of $250 in the account each day to obtain the disclosed annual percentage yield.
  • Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rates for your account at any time. The current interest rates and annual percentage yields can be found in the Account Rate Sheet.
  • Tiered interest rate structure.
  • Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
  • Interest will be compounded on a monthly basis and credited to your account monthly on the statement date. If you close your account before interest is credited, you will receive the accrued interest up to the date you closed the account.
  • We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected principal balance in the account at the end of business each day.
  • STC CheckCard.
  • Free use of Somerset Trust ATMs when you use your STC CheckCard.
  • STC Anywhere, mobile and tablet banking with person to person payments, bill pay options, alerts, and more.
  • User friendly monthly statement to help track account activity.
  • eStatements (Go Paperless!)
  • Monthly Minimum Balance Fee of $1 if daily balance falls below $50 in a statement period.

Click Here for Terms and Conditions info.

Click Here for more information on account fees.

Click Here for the Privacy Notice.