Saving & Investment Services

Take control of your finances. Savings accounts and investment accounts from Sundown State Bank will help you be in charge of your money. Reach out to us today for more details about any of our saving and investment services.


Roundup Savings

An account that allows you to save some of your hard-earned money while simultaneously making you money.

Benefits

  • Accrual of Interest on Noncash Deposits — Interest begins to accrue on the first business day after the banking day you deposit noncash items, e.g., checks.
  • Compounding & Crediting Frequency — Interest is compounded daily on the daily ledger balance. Interest is credited to your account every quarter.

MInimum Deposit to open: $200

Grapes
  • Transaction Limitations — Preauthorized, automatic, and telephone transfers from a savings account to another account or to a third party are limited to six per quarter.
  • Frequency of Rate Changes — We may change the interest rate on your account at any time at our discretion.
  • Rate Information — Your interest rate and annual percentage yield may change.
  • Minimum Balance to Obtain the Annual Percentage Yield Disclosed — You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.

Cost

  • Withdrawal Fees — A $2.00 withdrawal fee is charged for each debit transaction (a withdrawal from this account by any means) in excess of six per quarter.
  • Closing an Account — If you close your account before interest is credited, you will not receive the accrued interest.

Cattle Baron Money Market Account

A checking account that earns and pays interest at current market rates.

Benefits

  • Compounding & Crediting Frequency — Interest is compounded and credited to the account every month.
  • Daily Balance Computation Method — We use the daily ledger balance to calculate your account's interest. This applies a daily periodic rate to the principal in the account each day.
  • Accrual of Interest on Noncash Deposits — Interest begins to accrue on the first business day after the banking day you deposit noncash items, e.g., checks.

Minimum Deposit to open: $2,500.00

Cost

  • Effect of Closing an Account — If you close your account before interest is credited, you will not receive the accrued interest.
  • Rate Information — Your interest rate and annual percentage yield may change.
  • Frequency of Rate Changes — We may change the interest rate on your account at any time at our discretion.
  • Minimum Balance to Avoid Imposition of Fees — A service charge fee of $10.00 is imposed every statement cycle if the balance of the account falls below $1,000.00 on any day of the cycle. 
  • Minimum Balance to Obtain the Annual Percentage Yield Disclosed — You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.

Horizon NOW Account

A checking account that earns and pays interest at the current market rates.

Benefits

  • Compounding & Crediting Frequency — Interest is compounded and credited to the account every month.
  • Daily Balance Computation Method — We use the daily ledger balance to calculate your account's interest. This applies a daily periodic rate to the principal in the account each day. Images of items are returned to the account holder.

Minimum Deposit to Open: $1000.00

  • Minimum Balance to Avoid Imposition of Fees — A service charge fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.
  • Minimum Balance to Obtain the Annual Percentage Yield Disclosed — You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Cost

No service fee is charged unless the balance falls below $1,000.00, in which case a statement cycle service fee of $10.00 is imposed.

Certificates of Deposit

Sundown State Bank offers a Certificate of Deposit to fit almost any investment objective. For more information about our certificates, contact us to or visit a branch location.

Overview

  • Minimum Deposit — With a minimum deposit of $500.00, you may select investment periods from 30 days to 36 months.
  • Penalties — There may be a substantial penalty for early withdrawal of any Certificate of Deposit.

Individual Retirement Accounts

The goal of our Individual Retirement Account (IRA) is to build a secure retirement for our clients.

Overview

  • Flexibility — We offer flexible contributions to suit your individual needs and goals.
  • Contribution Amounts — You get to choose how and how much you want to contribute.
  • Term Lengths — Terms are available from 12-36 months.
  • Withdrawals — This product offers a five-year Roth IRA. Call for more details.