Security Federal Savings Bank

Savings Options

You work hard for your money. It’s time to put your money to work for you. Whether you’re a small or large business, Security Federal has got you covered.

Business Savings

A great account for businesses that are ready to start
saving money.

Business Savings
  • Only $500 minimum balance required to avoid a $5.00 monthly service
    fee.
  • Competitive interest rate - tiered (see disclosure).
  • Only $25 minimum to open.

Certificate of Deposits

A special type of savings account.

CERTIFICATE OF DEPOSIT
  • A CD is also called a “time deposit.” The funds in the CD must be kept for a specific period of time to avoid early withdrawal penalties. Generally, the longer the term of the certificate the higher the rate of interest earned.
  • Minimum deposit is required to open account.
  • Please see us for details.

Business Money Market

A special account for business customers which earns a higher rate of interest.

Business Money Market
  • Only $50,000 minimum balance required to avoid a $10.00 monthly service fee.
  • Competitive interest rate - tiered (see disclosure).
  • $50,000 minimum to open.
  • Requires Premier Business Checking.

SecFed High Yield Money Market for Business

Maximize the earnings on your business account with our premium tiered rates.

Personal Money Market
  • Only $50 minimum to open
  • Only $5,000 minimum balance required to avoid a $7.50 monthly service fee
  • Competitive interest rate - tiered - See Rates
  • Interest paid on balances up to $7.5 million

* Savings and money market accounts are subject to Federal Reserve Regulations D, which permits no more than 6 pre-authorized or automatic transfers per statement cycle.

Tell a Friend - Get a Gift!

Refer a Friend - Get a Gift

If you love banking with us, tell a friend! When they open an account, you'll both get a gift.

Learn more

Business Banking Brochure

Business Banking Brochure

We have all the details about business banking available on our website, or you can download our brochure.

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