With a qualifying balance the interest rates on the Sandy Spring Bank Market Index Account rise with the markets to give you excellent risk-free growth opportunities.

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  • Interest is compounded daily
  • Interest rate tiers at: $10,000; $25,000; $50,000; $100,000; and $250,000
  • A limited number of checks are permitted*
  • The interest rate is indexed to an external rate

Rates and Fees

  • $10,000 Opening Deposit
  • $10 monthly maintenance fee
    This fee is waived in any month or monthly statement cycle that you maintain a $10,000 minimum daily ledger balance
  • Regardless of balance:
    $25 for excess activity*
  • Competitive rates

Other Services

  • Free Online Banking with BankXpress
  • eStatements
  • Combine your checking and savings accounts into a single statement
  • Direct Deposit – deposit payroll, Social Security, and other recurring deposits automatically
  • Auto Save – set up auto transfers to your Sandy Spring Savings account from your Sandy Spring checking account
  • Free Access to your account at over 55,000 ATMs
  • Use your Sandy Spring Market Index Account as overdraft protection for your Sandy Spring checking account

To open a Sandy Spring Bank Market Index account:

* By law, certain types of withdrawals are limited. Withdrawals over the limits are excess activity. You may make up to a combined total of 6 withdrawals per monthly statement cycle (or calendar month if you receive a quarterly statement) by either check, draft, debit card purchase or similar order (if available on the account,) telephone, automatic or pre-authorized transfer to another of your accounts with us or to a third party. Such transfers include those made by Telephone Banking Line, Online Banking and transfers from your savings account to cover overdrafts. The excess activity fee will be assessed each time you exceed any of these limits