Southside Bank Review, 2019

See how Southside Bank's interest rates stack up against the national average.

Published August 30, 2019

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Southside Bank is a financial institution based in Tyler, Texas.

Rates current as of August 28, 2019.

Southside Bank savings account rates

Deposit account interest rates are calculated as an annual percentage yield, or APY.

Regular Savings Account

Deposit AmountInterest RateAPY
Less than $2,5000.09%0.09%
$2,500 - $9,9990.13%0.13%
$10,000 - $24,9990.18%0.18%
$25,000 - $49,9990.24%0.24%
$50,000 - $99,9990.30%0.30%
$100,000 - $249,9990.42%0.42%
$250,000 and above0.56%0.56%

Health Savings Account

Deposit AmountInterest RateAPY
Less than $5,0000.00%0.00%
$5,000 and above0.12%0.12%

Learn more about HSAs.

Savings account rates national average

ProductAverage Interest Rate, BanksAverage Interest Rate, Credit Unions
Regular savings account, $1,000 deposit0.20.17
Money market account, $2,500 deposit0.260.37
Interest checking account, $1,000 deposit0.140.12

National averages are from S&P Global Market Intelligence as reported by the NCUA. Last updated June 28, 2019.

Interest Checking Accounts

Southside Bank has several different interest checking options.

Checking Plus Account

Deposit AmountInterest RateAPY
Less than $2,5000.08%0.08%
$2,500 - $9,9990.13%0.13%
$10,000 - $24,9990.17%0.17%
$25,000 - $49,9990.23%0.23%
$50,000 - $99,9990.28%0.28%
$100,000 - $249,9990.36%0.36%
$250,000 and above0.53%0.53%

Relationship Checking Account

Interest-bearing account with special features.

Deposit AmountInterest RateAPY
Less than $7,5000.00%0.00%
$7,500 - $19,9990.12%0.12%
$20,000 - $49,9990.23%0.23%
$50,000 - $99,9990.30%0.30%
$100,000 - $499,9990.46%0.46%
$500,000 and above0.60%0.60%

Senior Checking

Interest-bearing account for people who are at least 60 years old.

Deposit AmountInterest RateAPY
Less than $1,0000.00%0.00%
$1,000 and above0.17%0.17%

Regular Checking Accounts

Regular checking accounts don’t earn any interest, but they may come with additional features.

Type of AccountDescription
Prime CheckingChecking account with special benefits
Classic CheckingRegular checking account
Veterans CheckingChecking account for active military members and veterans
NEXT CheckingFor people who need to re-establish banking history
Spirit CheckingJoint bank account for teens age 13-17 and one family member over 18

Money Market Checking Accounts

Southside Bank’s money market checking accounts earn a high amount of interest, but they require a $2,500 minimum balance.

Platinum Advantage Investment Account

Deposit AmountInterest RateAPY
Less than $20,0000.14%0.14%
$20,000 - $49,9990.20%0.20%
$50,000 - $74,9990.34%0.34%
$75,000 - $149,9990.58%0.58%
$150,000 - $249,9990.78%0.78%
$250,000 - $499,9991.00%1.00%
$500,000 - $999,9991.13%1.14%
$1,000,000 - $2,999,9991.35%1.36%
$3,000,000 - $4,999,9991.60%1.61%
$5,000,000 and above1.76%1.77%

Calculate your savings

Use our simple savings calculator to see how much you can save.

Southside Bank CD rates

Southside Bank CDs require a $100,000 minimum deposit to open. An early withdrawal penalty may apply if you if you withdraw the balance before the end of the term.

Term LengthInterest RateAPY
One-month CD1.00%1.01%
Three-month CD1.80%1.81%
Six-month CD1.85%1.86%
One-year CD1.85%1.86%
18-month CD1.82%1.83%
Two-year CD1.75%1.76%
Five-year CD1.65%1.66%

Learn more about CDs.

CD rates national average

ProductAverage Interest Rate, BanksAverage Interest Rate, Credit Unions
Three-month CD, $10,000 deposit0.440.58
Six-month CD, $10,000 deposit0.690.95
One-Year CD, $10,000 deposit1.111.42
Two-Year CD, $10,000 deposit1.361.75
Three-Year CD, $10,000 deposit1.521.95
Four-Year CD, $10,000 deposit1.632.14
Five-Year CD, $10,000 deposit1.872.38

National averages are from S&P Global Market Intelligence as reported by the NCUA. Last updated June 28, 2019.

Southside Bank IRA Rates

Southside Bank’s IRAs may earn interest, but they require a $1,000 minimum balance.

Term LengthInterest RateAPY
One-year IRA1.85%1.86%
Two-year IRA1.75%1.76%
Five-year IRA1.70%1.71%

Southside Bank fees and how to avoid them

Monthly Service Fee

Type of AccountFeeHow to avoid
Prime Checking$5Switch to electronic statements and use your debit card 10 times
Classic Checking$0NA
Veterans Checking$0NA
NEXT Checking$12.95Can be reduced to $9.95 by enrolling in electronic statements
Spirit Checking$0NA
Relationship Checking$15Maintain a balance of $7,500 or more in one account or $50,000 or more across all accounts
Checking Plus$9Maintain a balance of $1,000 or more
Senior Checking$0NA
Platinum Advantage Investment Account$10Maintain balance of $2,500 or more
Health Savings Account$3Maintain a balance of $500 or more
Personal Savings$3Maintain a balance of $300 or more
Youth Savings$0NA

Other Fees

Type of FeeFeeHow to avoid
ATM Fee$0NA, but a fee may be charged by the ATM owner

Home loans at Southside Bank

Southside Bank offers the following types of home loans:

Mortgage calculator

Before you shop for home loans, try the Policygenius mortgage calculator to estimate how much your monthly mortgage payment will be.

Other Southside Bank products

  • Rewards Credit Cards
  • Car Loan
  • Truck Loan
  • SUV Loan
  • RV Loan
  • ATV Loan
  • Tractor Loan
  • Farm Equipment Loan
  • Secured Personal Loan
  • Unsecured Personal Loan

More info about Southside Bank

Southside Bank is insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000 per account per person.

Fast Facts
Routing Number111923607
Established1960
Branch Locations59
ATM Locations81

Southside Bank holiday hours in 2019

HolidayDateNotes
New Year's DayTuesday, January 1, 2019All locations closed.
Martin Luther King Jr. DayMonday, January 21, 2019Grocery store locations open.
Washington's Birthday (President's Day)Monday, February 18, 2019Grocery store locations open.
Memorial DayMonday, May 27, 2019Grocery store locations open.
Independence Day (Fourth of July)Thursday, July 4, 2019All locations closed.
Labor DayMonday, September 2, 2019Grocery store locations open.
Columbus Day (Indigenous Peoples Day)Monday, October 14, 2019Grocery store locations open.
Veterans DayMonday, November 11, 2019Grocery store locations open.
Thanksgiving EveWednesday, November 27, 2019All locations close at 4 PM.
ThanksgivingThursday, November 28, 2019All locations closed.
Christmas EveTuesday, December 24, 2019All locations close at 12 PM.
Christmas DayWednesday, December 25, 2019All locations closed.
New Year's EveTuesday, December 31, 2019All locations close at 4 PM.

Learn more about which banks and credit unions are open today.

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