Member FDIC · Equal Housing Lender
Skye Allied Trust
Open a SAT Checking account in minutes. No monthly fees, no minimum balance, and free access to 55,000+ ATMs nationwide—all FDIC insured.
Why SAT
SAT is a digital bank for people who want a simple checking account, a savings account that actually pays, and a clear record of every dollar. No branches. No hidden fees. No surprises.
$0 monthly maintenance, no minimum balance and no overdraft fees. What you see is what you pay.
Real-time balances, instant transaction alerts and downloadable statements that match your records.
Your deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Accounts
Checking, savings and CDs with no monthly fees, no minimums and rates that keep up. Open online in about five minutes.
Everyday spending with early direct deposit, a free Visa® debit card and no minimum balance. Built for bills, paychecks and everyday purchases.
Best for
Paychecks, bills and everyday spending
A high-yield savings account with no monthly fee and no minimum to open. Earn interest on every dollar and move money in or out anytime.
Best for
Emergency funds and short-term goals
Lock in a fixed rate for 12 or 24 months. A simple way to earn more on money you won't need right away, with FDIC insurance included.
Best for
Money you won't need for a year or more
Tap to pay, add your card to Apple Pay or Google Pay, and lock it instantly from the app. No annual fee and no foreign transaction fees.
Best for
Everyday purchases at home or abroad
Debit cards
Issue a virtual debit card in minutes, freeze it from your phone, and spend with network partners you already trust — while every purchase stays ledger-backed in Skye Allied Trust.
Who it’s for
Whether you're opening your first account or consolidating everyday banking in one place, SAT keeps it simple: apply online, verify your identity, fund your account and start banking—usually in the same afternoon.
Direct deposit and person-to-person transfers without monthly fees or a minimum balance. Your paycheck, your transfers, your card—all in one place.
High-yield savings and fixed-rate CDs for emergency funds, home goals and anything else you're building toward. FDIC insured, with no monthly fee.
How it works
No branch visit, no paperwork to mail and no credit check to open. Apply from your phone, verify your identity and start banking.
01
Tell us your name, address and a few details. Most applications take about five minutes.
You'll get a decision right away. No branch visit and no credit check to open a checking or savings account.
02
Confirm your details with your Social Security number and a government-issued photo ID.
Verification is handled securely in the app with bank-grade encryption. We never sell your personal information.
03
Transfer money from another bank or set up direct deposit with your new SAT account number.
There's no minimum opening deposit and no fee to transfer money in. Your account is ready as soon as your first deposit lands.
04
Use your virtual card right away while your Visa® debit card ships in 5–7 business days.
Track spending, set alerts and move money from your phone. Your physical card arrives in about a week.
Rates & fees
No monthly maintenance fees, no minimum balances and no overdraft charges. Here's exactly what you'll earn and what you'll pay.
| Account or fee | Rate | Details |
|---|---|---|
| SAT Checking | $0 | Monthly maintenance fee · no minimum balance |
| SAT Savings | 4.30% APY | $0 minimum to open · no monthly fee |
| 12-month CD | 4.10% APY | $1,000 minimum · fixed for 12 months |
| 24-month CD | 3.90% APY | $1,000 minimum · fixed for 24 months |
| ATM fees | $0 | 55,000+ fee-free ATMs nationwide |
| Overdraft fee | $0 | No overdraft or insufficient funds fees |
| Incoming domestic wire | $0 | No fee to receive a wire |
| Outgoing domestic wire | $25 | Per wire sent from your account |
| Foreign transaction fee | $0 | No markup on debit card purchases abroad |
| Account closing | $0 | No early-closing fee |
Annual Percentage Yields (APYs) are accurate as of November 6, 2026 and may change at any time without notice. Interest on savings compounds daily and is credited monthly. CD rates are fixed for the term; early withdrawal may incur a penalty. Fees may reduce earnings. Minimum balances may apply. Skye Allied Trust Bank, N.A. is a Member FDIC.
Security & protection
Skye Allied Trust Bank, N.A. is a Member FDIC. Your eligible deposits are insured by the federal government, and your account is protected by modern encryption, multi-factor authentication and 24/7 fraud monitoring.
FDIC insured up to $250,000
Coverage applies per depositor, per insured bank, for each account ownership category. Deposits above the limit are not insured by the FDIC.
256-bit encryption, multi-factor authentication and automatic session timeouts keep your account yours.
Unusual activity triggers an immediate alert. Lock your card or freeze your account from the app in one tap.
Your personal information is used to run your account and meet legal requirements—not sold to third parties.
Call 1-800-240-1000 or email info@skyealliedtrust.com. You can also send a secure message from your account once you're signed in. No phone trees, no hold music.
FAQ
Skye Allied Trust Bank, N.A. is a national bank chartered by the Office of the Comptroller of the Currency (OCC) and a Member FDIC. Deposit accounts, debit cards and transfers are provided by Skye Allied Trust Bank, N.A.
Yes. Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per insured bank, for each account ownership category. Deposits above that limit are not insured. Coverage is automatic—there's nothing you need to do.
You'll need to be at least 18, a U.S. resident and have a Social Security number or ITIN, a government-issued photo ID and a U.S. address. There's no credit check and no minimum opening deposit.
No. SAT Checking and SAT Savings have $0 monthly maintenance fees and no minimum balance. There are no overdraft fees, no ATM fees at 55,000+ in-network ATMs and no foreign transaction fees on your debit card.
Your virtual card is available in the app as soon as your account is approved. Your physical Visa® debit card ships within 1–2 business days and usually arrives in 5–7 business days.
Our support team is available 24/7. Call 1-800-240-1000 or email info@skyealliedtrust.com. You can also send a secure message from your account once you're signed in.
Get started
No monthly fees, no minimum balance and FDIC insurance up to $250,000. Apply online, get a decision right away and start banking today.
Skye Allied Trust Bank, N.A. · Member FDIC · Equal Housing Lender
