Sfgi Direct, A Division Of Summit Community Bank
Online Savings Account - 3.81% APY

• No Monthly Service Charge
• Minimum Balance to earn interest $1
• FDIC insured up to maximum applicable limit
• Online account opening
• Fund account with a transfer from another bank
• Manage your account anytime online 24/7

Fee and Feature Guide

Savings Account
Interest Rate
APY 3.81%
Minimum deposit amount $500.00
Maximum deposit amount N/A
Balance Requirements
Minimum Opening Deposit $500.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $1.00
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee N/A
Incoming Wires N/A
Paper Statements ×
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking Yes
Mobile Banking Yes
Deposit Checks with Mobile Device Yes
Free Bill Pay Yes
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Recent Rate Changes

Date APY
August 20, 2023 3.81%

Customer Reviews for SFGI Direct, a division of Summit Community Bank

  • December 31, 2020 |

    I’ve filed a complaint with the FDIC. This bank keeps rearranging my transactions, even if they’ve posted and are not pending. They also will deny a transaction and charge a non sufficient funds fee (however, their employees don’t know the difference between an overdraft and NSF fee. My branch manager argued with me for a long time. Terrible customer service every single time! Atrocious!! If I ask them about something they’ll make something up and then finally tell me after they see it.. if they ever do...
    Most of the time though when I ask about something like I had SIX $0.00 unknown transactions and they said they didn’t see them at first then just started reading all my transactions off to me lol like that would help me or something anyway. Frustrating and I think the FDIC made them refund me the last NSF fee which they were refusing to do!

  • November 27, 2020 |

    Online Savings Rates

    I've had an account for a few months here. I have not been charged a fee, downsides include 1. the ability to link only one external bank, 2. cannot change beneficiaries after the application, 3. no ATM access (synchrony and Ally provide this), 4. no trust accounts (I also have this problem with Marcus), 5. the inability to accept wire transfers. Not necessary to choose a better known name if you understand the limitations.

  • September 4, 2020 |

    Online Savings Rates

    I opened an account a couple of months ago when the rates were higher. I reviewed the statements and discovered they had been automatically charging me a $5 monthly service fee. Sneaky! I couldn't reach anyone at HQ in WV so I closed the account and ate the $30 loss. I would not recommend doing business with them.

  • September 16, 2017 |

    Online Savings Rates

    Worked with them previously years ago when the rate was very competitive. Now they have re-emerged but I would prefer to go with a better-know name and get a little less.

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