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Banking In Savannah? Why Going Local Still Wins

Sep 9, 2025 Personal
aerial view of savannah, ga

Affordability is top-of-mind for many Americans these days. The price of everyday necessities like gas, groceries, and rent all seem to be on the rise, and even in cities like Savannah, people are feeling the pinch.

However, one of the most important facets of building a truly money-conscious lifestyle is finding an affordable banking partner. The best banks in Savannah, Ga., are ones that offer quality customer service and low fees. Whether you’re a business owner, preparing for retirement, or a student who just needs some walking-around money, finding a bank that helps you keep and grow your money is essential.

If you’re looking for affordable banking in Savannah, Ga., here are the most important things you should consider.

Bringing Banking Back Home

Local banks in Savannah, like BankSouth, are a phenomenal option for people who want a personalized touch, future-facing guidance, and better value out of their banking relationship. In a world of corporate mergers and endless phone trees, finding strong banking customer service in Savannah is a priority, and local institutions bring a bit of character and familiarity back into our lives.

On top of offering friendlier rates and competitive fees, local banks often go the extra mile in building long-term relationships with their customers. By taking the time to learn about their customers’s needs, local banks can more accurately identify the right financial services for each individual, which helps you maximize the value of every dollar saved and spent.

By combining the right tools with local guidance, community banks like BankSouth make it easier to strategize and prioritize, bringing your goals within reach.

Affordable Account Options

We’ve spent the past decade in Savannah crafting products that suit our customers’ evolving needs. We know that “affordability” isn’t a catch-all term. It means different things to different people, so we’ve created accounts that are flexible enough to suit any lifestyle, and accommodate any goals you may have for the future.

BankSouth Checking Account Options

At some Savannah, Ga., credit unions and banks, you’ll find that account fees quickly add up, but BankSouth offers minimum balances to waive monthly costs.

Our Young Adult Checking account has no maintenance fees, with no fees or minimum balance requirements, helping young people get a head start on their journey toward financial independence.

For those over age 24, BankSouth has three distinct account options, each with their own particular benefits.

  • Simple Checking: No-frills, basic checking option that helps you stay organized
    • $5 Monthly Maintenance (Waived with minimum monthly deposit of $250)
    • Minimum Opening Balance of $50
    • Free Debit Card
  • Performance Checking: Interest-bearing account that combines great features and ease of use
    • $8 Monthly Maintenance (Waived with 10 debit card transactions per month)
    • Earns Competitive Interest
  • Complete Checking: Our most rewarding account, providing everything you need to get ahead.
    • $8 Monthly Maintenance (Waived with $5,000 daily account balance or $25,000 deposit relationship balance)
    • Earns Competitive Interest
    • BankSouth Rewards (Includes fuel rewards, phone protection plan, and roadside assistance)

Wondering how to open a new bank account in Savannah, Ga.? We make it easy, with a streamlined online process and account comparison tools that help ensure you’re making the right decision. You can also drop in to our street branch located at 18 W. Bryan St. for in-depth, personalized assistance from expert team members.

BankSouth Savings Options

Savings accounts and tools are a high priority when affordability is the concern, but they should do more than just shelter your money.

BankSouth offers a Kids Savings and Young Adult Personal Savings account that help teach young people about smart money management, as well as a Savings account and Christmas Club Savings account that lets you strategize your withdrawal needs, earn interest, and save with zero maintenance fees.

BankSouth also offers Money Market Accounts and Certificates of Deposit, allowing you to fine-tune your savings strategy and earn great returns while retaining all the flexibility you need.

BankSouth Business Banking Options

In a highly competitive market, an affordable and reliable banking relationship is also critical for entrepreneurial success. BankSouth’s experienced team can help you navigate the complicated world of small business banking in Savannah, find the products that suit you best, and provide the boost your business needs to succeed.

In addition to the standard suite of small business banking products, BankSouth offers Savannah’s entrepreneurs cash management and merchant services, which can cut your time in the back office significantly, allowing you to be more present and hands-on with your company. BankSouth also offers incredibly friendly terms and competitive rates on business loans, whether they’re for commercial real estate, equipment, or for getting your idea off the ground.

Ready to Bank Better?

Visit our Savannah branch today or open an account online to get back to truly affordable banking in Savannah. We’re celebrating BankSouth’s 10th anniversary of being in Savannah this year, so be sure to check our website and social channels for updates on when and where we’ll be getting involved and giving back.

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