Health Savings Account

Interest credited monthly & compounded daily (365/360). Requires maintaining an average monthly balance of $100 to avoid a $3 monthly service charge. Tiered Rates

Account TypeInterest RateAPY*
$0.00-$2,499.990.05%*0.05%
$2,500-$24,999.990.10%*0.10%
$25,000-$49,999.990.15%*0.15%
$50,000 and above0.20%*0.20%

Health Savings Accounts (HSA) are subject to limitations and/or penalties imposed by the Internal Revenue Service. Please see your HSA Agreement or tax advisor for additional information.


Commercial Money Market Account

Interest Credited Monthly and Compounded Daily (365/360) Tiered Rates

Account TypeInterest RateAPY*
$0.00 - $49,999.990.10%0.10%
$50,000 - $99,000.990.20%0.20%
$100,000 - $249,999.990.25%0.25%
$250,000 - $499,999.990.30%0.30%
$500,000 and over0.50%0.50%

No minimum balance requirement. Available to business customers only.


Community Business Checking

No minimum balance requirement. 200 items per month provided at no charge. First order of checks up to $50 provided at no charge. Any additional items will be assessed $.10 per item. Items include checks paid (including electronic checks), checks deposited, deposit tickets, ACH debits and ACH credits.


Business Checking

Account TypeInterest Rate
Earnings Credit Rate1.50%*

No minimum balance requirement, no charge for deposit or withdrawal transactions, first order of checks up to $50 provided at no charge. $20 monthly service charge – can be offset by the earnings credit.


Commercial Interest Checking

Interest credited monthly and compounded daily (365/360). If balance falls below $10,000 no interest will be earned.

Account TypeInterest RateAPY*
$10,000-$99,999.990.10%0.10%
$100,000-$499,999.990.20%0.20%
$500,000 and above0.30%0.30%


Business Interest Checking

Account TypesInterest RateAPY*
$0 - $49,999.99.05%.05%
$50,000 - $99,999.99.10%.10%
$100,000 - Over.20%.20%

Click here to see item limits. Any additional items over the 100 are $.10 per item. Items include checks paid (including electronic checks) and checks deposited. Items not listed will be processed at no charge.


Business Certificate of Deposit

Account TypeInterest RateAPY*
3 MOS CD
$1,000.00 - $49,999.990.10%0.10%
$50,000.00 - $99,999.990.10%0.10%
$100,000.00 and above0.10%0.10%
6 MOS CD
$1,000.00 - $49,999.990.20%0.20%
$50,000.00 - $99,999.990.20%0.20%
$100,000.00 and above0.20%0.20%
12 MOS CD
$1,000.00 - $49,999.990.40%0.40%
$50,000.00 - $99,999.990.40%0.40%
$100,000.00 and above0.40%0.40%
18 MOS CD
$1,000.00 - $49,999.990.60%0.60%
$50,000.00 - $99,999.990.60%0.60%
$100,000.00 and above0.60%0.60%
24 MOS CD
$1,000.00 - $49,999.990.85%0.85%
$50,000.00 - $99,999.990.90%0.90%
$100,000.00 and above0.95%0.95%
36 MOS CD
$1,000.00 - $49,999.990.95%0.95%
$50,000.00 - $99,999.991.00%1.00%
$100,000 and above1.05%1.06%
48 MOS CD
$1,000.00 - $49,999.991.05%1.06%
$50,000.00 - $99,999.991.25%1.26%
$100,000.00 and above1.40%1.41%
60 MOS CD
$1,000.00 - $49,999.991.50%1.51%
$50,000.00 - $99,999.991.65%1.66%
$100,000.00 and above1.80%1.81%

Interest Credited and Compounded Monthly (365/365). Minimum balance $5,000. EARLY WITHDRAWAL PENALTY APPLIES: three months loss of interest on terms of 12 months or less, six months loss of interest on amounts withdrawn for CDS over 12 months.

CD SPECIALS: Restrictions apply. CD promotional rates available for new money. Promotional CD rates available for a limited time. Contact a branch for full details.


RATES MAY CHANGE AT ANY TIME AT OUR DISCRETION.

*ON INTEREST BEARING ACCOUNTS, THE INTEREST RATE AND ANNUAL PERCENTAGE YIELD MAY CHANGE AFTER ACCOUNT OPENING. FEES MAY REDUCE EARNINGS ON ACCOUNTS. INTEREST IS CALCULATED USING THE DAILY BALANCE METHOD.

CALL (410) 224-8800, (410) 956-3700, (410) 768-6900, or (410) 260-2100 FOR MORE INFORMATION AND CURRENT RATES. REFER TO DISCLOSURE OF DEPOSIT ACCOUNT AGREEMENT AND TERMS FOR ADDITIONAL ACCOUNT FEATURES AND BENEFITS.

ATM NETWORK AND FEES: SEVERN IS A MEMBER OF THE ATM NETWORK. ALLPOINT OFFERS OVER 55,000 SURCHARGE-FREE ATMS NATIONWIDE. IN ADDITION, SEVERN DOES NOT CHARGE ITS CUSTOMERS A FEE FOR ATM TRANSACTIONS.

NOTICE REGARDING ATM FEES BY OTHERS: If you use an automated teller machine that is not operated by us or a member of the Allpoint™ ATM network, you may be charged a fee by the operator of the machine and/or by an automated transfer network.