Bank Disclosures


Scottrade, Inc. and Scottrade Bank are separate but affiliated companies and are wholly owned subsidiaries of Scottrade Financial Services, Inc. Brokerage products and services offered by Scottrade, Inc. - Member FINRA and SIPC. Deposit products and services offered by Scottrade Bank, Member FDIC.


Scottrade does not provide tax advice. The material provided is for informational purposes only. Please consult your tax or legal advisor for questions concerning your tax or financial institution.


Brokerage products are not insured by the FDIC - are not deposits or other obligations of the bank and are not guaranteed by the bank - are subject to investment risks, including possible loss of the principal invested.


Federal law limits the number of certain withdrawals on any savings account or money market account to 6 per month. Withdrawals at ATMs are not subject to federal limits.


Scottrade Bank does not issue a charge for cash withdrawals made at any domestic ATM. We will refund cash withdrawal fees applied to your account by a domestic U.S. ATM at the end of each statement cycle. The rebate will appear as a lump-sum credit on the same statement that incurred the initial ATM fees. If you close your account before the end of the statement period, you will not receive a refund. Scottrade Bank makes its best effort to identify those ATM fees eligible for refund. In the event that you do not receive a refund, please contact Scottrade Bank® Support at 855.265.2265. We reserve the right to terminate or limit reimbursements if we observe a pattern of fraud or abusive overuse, and to modify or discontinue the ATM fee refund program at any time. 


You must have $500 in equity in an Individual, Joint, Trust, Traditional IRA, Roth IRA, or SEP IRA account with Scottrade to be eligible for a Scottrade Bank® account. In this instance, equity is defined as Total Brokerage Account Value minus Recent Brokerage Deposits on Hold.


Rates are subject to change after account opening.  You can find up-to-date interest rates for Scottrade Bank accounts on (for current clients), or by calling Scottrade Bank’s automated telephone banking system at 1-800-SCOTTRADE (1-800-726-8872).


Early withdrawals are subject to penalties.  Fees could reduce earnings.


Annual Percentage Yield.  Interest rates may change after the account is opened and fees could reduce earnings.  The Annual Percentage Yields (APY) shown are for accounts offered by the Bank and effective as of the date shown above, unless otherwise noted.  Rates are subject to change without notice.


Deposit products and financing services offered by Scottrade Bank, Member FDIC. Financing available only upon approved credit.


A signed and completed application must be received by Scottrade Bank Equipment Finance before a credit decision can be rendered. Additional information may be requested. Financing available to qualified applicants only. All terms, offers, rates and payment plans are subject to the underwriting and credit rules, policies and guidelines of Scottrade Bank Equipment Finance, which are determined by Scottrade Bank Equipment Finance in its sole discretion and are subject to change without notice. Nothing herein (including, without limitation, financing quotes) shall constitute an offer by Scottrade Bank Equipment Finance to extend credit to you or enter into any agreement with you. If we decide to extend credit to you, the terms and conditions thereof will be set forth in a final definitive agreement.


For Qualified Buyers


For Fair Market Value transactions or transaction sizes exceeding our application-only program thresholds, decisions typically require additional information, review and a duration of a business week.


An origination fee may be charged which is not included in this rate.