Personal Savings
Saving for a short term need or a lifetime plan?
Security Bank offers the right options to fit your needs.
Personal Savings Account
Our Personal Savings account offers you a safe and convenient way to watch
your savings grow.
How it benefits you
• Earn interest on your savings
• Interest compounded daily
• Free imaged monthly bank statements
Quick Facts
• $100 minimum deposit to open
• No monthly maintenance fee with a $200 minimum daily balance
• $2 monthly maintenance fee if your balance drops below $200
• 3 free monthly withdrawals – additional withdrawals and transfers are $1.00 each
Money Market Investment
Our Money Market Investment account gives you the benefits of a savings account and the convenience of check access. Plus one big bonus! The more you save, the more interest you earn!
How it benefits you
• Earns interest
• Free Online Banking
• Free imaged monthly bank statements and checks
• Free first order of personalized checks (in select styles)
Quick Facts
• $1,500 minimum deposit to open
• Interest compounded daily and paid monthly
• No monthly maintenance fee with a $1,500 minimum daily balance
• $10 monthly maintenance fee below minimum
• Six free monthly debit transactions allowed with no more than three by check, draft or
• similar order to third parties; a fee of $2.00 will be charged for each additional debit
• transaction in excess of six, regardless of balance.
Money Market Investment Plus (Tiered Money Market)
Enjoy the features of our Money Market Investment account but earn even more interest on your funds. The higher your balances, the higher the rates!
How it benefits you
• Earn a higher rate of interest
• Free Online Banking
• Free Bank by Phone
• Free imaged monthly bank statements and checks
• Free first order of personalized checks (in select styles)
Quick Facts
• $1,500 minimum deposit to open
• Interest compounded and paid monthly
• No monthly maintenance fee with a $1,500 minimum daily balance
• $10 monthly maintenance fee below minimum
• Six free monthly debit transactions allowed with no more than three by check, draft or
• similar order to third parties; a fee of $2.00 will be charged for each additional debit
• transaction in excess of six, regardless of balance.
• Rate tiers:
..........$0.00 - $4,999.99
..........$5,0000 -$9,999.99
..........$10,000 -$24,999.99
..........$25,000 -$49,999.99
..........$50,000 -$99,999.99
..........$100,000 - $499,999.99
..........$500,000 +
Certificates of Deposit
Earn a higher rate of interest on your savings with a Security Bank Certificate of Deposit. Whether you prefer your money to earn a competitive rate of interest in just a few days or in several years, we offer a variety of certificates ranging in terms of seven days to five years. The longer the term - the higher your rate, and all our CDs are FDIC-insured.
•Guaranteed rate for the term of your CD
•Interest is compounded daily
•Frequency of interest paid based on your choice
Individual Retirement Accounts
It’s never too early to open an IRA certificate, a tax-efficient way to save for retirement. Whether it’s a traditional IRA with tax-deferred earnings until withdrawal, or a Roth IRA which offers the same tax-deferred earnings but with greater tax savings and withdrawal flexibility, Security Bank is prepared to help you select the right account for your situation.
• $1,000 minimum
• Interest is fixed for the term selected and paid at maturity
|
© 2007 Security Bank, N.A.