PHONE SYSTEM NOTICE 

We are aware that our Kokomo Markland Branch phone system is currently down. We are working to restore communications, but in the meantime, please reach out by calling our Main Number 574-722-6261 or send our team a message by logging into your account online or our app. Click here for Digital Banking. Have a Smartphone? Download by clicking here: Mobile App.

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.

Download Now

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