Security Federal Savings Bank

Business Checking Options

At Security Federal, our business products and services help you spend less time managing your finances so you can spend more time running your business. We offer safe and secure products with the latest technology to help you operate your business more efficiently. Time is money and our products will save you both!

Each new account comes with a thank you gift!

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Every business checking account includes:

Features Absolutely Free Business Checking information icon Business Interest Checking information icon Commercial Checking information icon Health Savings (HSA) information icon
1,000 FREE monthly transaction items checkmark checkmark checkmark checkmark
No minimum balance checkmark checkmark checkmark checkmark
No monthly service charge checkmark checkmark checkmark checkmark
Competitive interest checkmark checkmark checkmark checkmark
Only $1,500 minimum balance to avoid a low monthly fee of $6 checkmark checkmark checkmark checkmark
Earnings credit allowance on deposit balances may offset activity fees checkmark checkmark checkmark checkmark
Only $15 monthly service charge checkmark checkmark checkmark checkmark
Transaction items are just 15 cents each checkmark checkmark checkmark checkmark
Coin and currency deposits just 50 cents per $1,000 checkmark checkmark checkmark checkmark
Only $1.00 minimum to open checkmark checkmark checkmark checkmark
Free checks checkmark checkmark checkmark checkmark
Unlimited check writing checkmark checkmark checkmark checkmark
  Find a Local Branch Find a Local Branch Find a Local Branch Find a Local Branch
Absolutely Free Business Checking information icon

1,000 FREE monthly transaction items checkmark

No minimum balance checkmark

No monthly service charge checkmark

Competitive interest checkmark

Only $1,500 minimum balance to avoid
a low monthly fee of $6 checkmark

Earnings credit allowance on deposit
balances may offset activity fees checkmark

Only $15 monthly service charge checkmark

Transaction items are just 15 cents each checkmark

Coin and currency deposits just
50 cents per $1,000 checkmark

Only $1.00 minimum to open checkmark

Free checks checkmark

Unlimited check writing checkmark

Find a Local Branch
Business Interest Checking information icon

1,000 FREE monthly transaction items checkmark

No minimum balance checkmark

No monthly service charge checkmark

Competitive interest checkmark

Only $1,500 minimum balance to avoid
a low monthly fee of $6 checkmark

Earnings credit allowance on deposit
balances may offset activity fees checkmark

Only $15 monthly service charge checkmark

Transaction items are just 15 cents each checkmark

Coin and currency deposits just
50 cents per $1,000 checkmark

Only $1.00 minimum to open checkmark

Free checks checkmark

Unlimited check writing checkmark

Find a Local Branch
Commercial Checking information icon

1,000 FREE monthly transaction items checkmark

No minimum balance checkmark

No monthly service charge checkmark

Competitive interest checkmark

Only $1,500 minimum balance to avoid
a low monthly fee of $6 checkmark

Earnings credit allowance on deposit
balances may offset activity fees checkmark

Only $15 monthly service charge checkmark

Transaction items are just 15 cents each checkmark

Coin and currency deposits just
50 cents per $1,000 checkmark

Only $1.00 minimum to open checkmark

Free checks checkmark

Unlimited check writing checkmark

Find a Local Branch
Health Savings (HSA) information icon

1,000 FREE monthly transaction items checkmark

No minimum balance checkmark

No monthly service charge checkmark

Competitive interest checkmark

Only $1,500 minimum balance to avoid
a low monthly fee of $6 checkmark

Earnings credit allowance on deposit
balances may offset activity fees checkmark

Only $15 monthly service charge checkmark

Transaction items are just 15 cents each checkmark

Coin and currency deposits just
50 cents per $1,000 checkmark

Only $1.00 minimum to open checkmark

Free checks checkmark

Unlimited check writing checkmark

Find a Local Branch

Save Time and Money with These Great Products and Services


  • Free instant issue debit card with fraud monitoring (access your funds free at more than 55,000 ATMs nationwide through the Allpoint network)
  • Free Online Digital Banking
  • Free eStatements
  • Remote Deposit Capture - Deposit checks in the comfort of your office. Save time and money by making fewer trips to the bank. See a FREE demonstration. Service fees apply.
  • Savings Account

IMPORTANT INFORMATION ABOUT OPENING A LEGAL ENTITY ACCOUNT


To assist in opening your account, we may request the following:

Sole Proprietor

  • TIN of owner
  • Assumed name certificate, if applicable

Limited Liability Company (LLC)

  • TIN of LLC
  • Articles of organization
  • Operating agreement

Partnership

  • TIN of partnership
  • Partnership agreement

Not-for-Profit Organization

  • TIN of organization
  • If incorporated, follow corporate guidelines
  • If tax exempt, IRS documentation or tax return
  • Business charter or minutes (if applicable)

Corporation

  • TIN of corporation
  • Articles of incorporation filed with Secretary of State
  • Corporate resolution
  • Certificate of existence from Secretary of State

Other fees such as non-sufficient funds, overdraft, sustained overdraft fees, etc. may apply. See fee schedule for details. Minimum opening deposit is only $50. Ask us for details. Bank rules and regulations apply. Transaction items include all debits and credits. If the Absolutely Free Business or Business Interest account exceeds 1,000 free monthly transactions, the account may be converted to another checking product. Free gift may be reported on a 1099-INT or 1099-MISC. Free gift provided at the time of account opening. Up to $10 for checks and debit cards from another financial institution given at the time the checks/debit cards are presented.

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.

I'd like to refer a friend

Business Banking Brochure

Business Banking Brochure

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

Download Now

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