HOW TO ACTIVATE YOUR NEW VISA DEBIT CARD

We’re excited to announce that we are transitioning to VISA as our new debit card provider! To activate your new Visa® Debit card: 1) Login to our Mobile App., scroll down on your dashboard to Card Management, click on the card you want to activate. 2) Call 1-800-889-2265, select option 8, then option 1. 3) At an SFSB ATM with the PIN you receive in the mail shortly after your card arrives. Excludes Kokomo ATM's 4) Call our customer service team at 574-722-6261 and a team member can assist you. 5) Stop in one of our branches and a team member can assist you. 

Reminder: Your existing Discover Debit card will stop working on October 7th, 2024.

 

Term Loans

Business Term Loans

A business term loan is a set amount of money you borrow from Security Federal. It’s paid back over a specific period of time, or a term. You can borrow funds to purchase business equipment with a loan term of up to 7 years, expand your business (more business needs more space!), refinance your business property, or just about anything else you might need to do for your business.

A benefit to this type of loan is you know exactly how much your payment will be each month, and you’ll know the date the loan will be paid off.

Business term loans used for equipment and vehicles will have a fixed (set in stone) interest rate for the life of the loan.

Loans for real estate purposes come with an initial fixed term that converts to a variable interest rate during the life of your loan. This loan type has a cash-out refinance option where you as a business owner can access the equity in your real estate to support expansion and more. 

You have many payment options available, such as:

  • Sending electronic payment using Digital Banking
  • Automatic Funds Transfer (AFT) 
  • Automated Clearing House (ACH) 
  • Paying in person at a branch location
  • Mailing your payment to a branch location

Questions about a term loan for your business? Want to get started?

Contact our team

Apply now

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