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. So get ready to save and more importantly get ready to earn.

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Your Way Savings

A great savings account for those who love to save money.

  • Only $500 minimum balance required to avoid a $5.00 monthly service fee.
  • Monthly service fee may be waived with a direct deposit, a monthly automatic funds transfer (AFT) from your SFSB checking or if you are 65+ years of age.
  • Competitive interest rate.
  • Only $25 minimum to open.

Credit Cards

Premier Money Market

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

  • Only $25,000 minimum balance required to avoid a $10.00 monthly service fee.
  • Monthly service fee may be waived with a direct deposit, a monthly automatic funds transfer (AFT) from your SFSB business checking or if you are 65+ years of age.
  • Competitive interest rate - tiered.
  • $25,000 minimum to open.

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Certificate of Deposits

A special type of savings account.

  • 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.

* 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.