NOTICE ANNUAL MEETING OF MEMBERS

Notice is hereby given that the Annual Meeting of Members (the “Annual Meeting”) of Security Federal Mutual Bancorp (the “MHC”) will be held at the office of Security Federal Mutual Bancorp/Savings Bank located at 314 4th Street, Logansport, IN 46947 on Wednesday, May 27, 2026, at 1:00 p.m., Eastern Time, and at any adjournment thereof. The record date for members eligible to participate in the Annual Meeting is March 31, 2026. The purpose of the Annual Meeting is to consider and vote upon the election of Dr. Susan Sciame-Giesecke (2029 Class), Mrs. Connie Shepherd (2029 Class), Mr. Bret Rinehart (2029 Class), Mr. Anthony Newman (2028 Class), and Mr. Jon-Myckle Price (2027 Class) as directors and such other business as may properly come before the Annual Meeting or any adjournment thereof. The Board of Directors is not aware of any other business to come before the Annual Meeting.

Home Equity Loans

Business Line of Credit

A line of credit (LOC) can be a great benefit for a business that needs short-term working capital, or money on hand, to cover business needs. Typically, business assets are provided by you, the borrower, as collateral for the line of credit.

With a LOC from Security Federal, you have:

Convenient ways to access your funds
- Make a Digital Banking transfer from the Line of Credit into your checking
- Call a loan officer to make a transfer for you
- Stop by a branch location to make a transfer
The option to use the funds as you need them
Many payment options are available, such as
- Send payment using Digital Banking
- Automatic Funds Transfer (AFT)
- Automated Clearing House (ACH)
Overdraft protection for your Security Federal business checking account
- Life happens. If you establish SWEEP protection at loan origination and you later overdraft your checking account, your LOC will automate a nightly SWEEP from your LOC to your checking to cover the over drafted amount.