Fraud Alert: Text Message Scam

We've been made aware of a fraudulent text message circulating that appears to be from Security Federal Savings Bank, asking you to click a link to decline a suspicious transaction. This message is not from the bank.

Please remember: Security Federal does not send fraud alerts via text message. We will never ask for your login credentials, PIN, or any personal account details through a link or message. If you ever receive a suspicious message or are unsure about a communication, do not click any links. Instead, call us directly at your local branch or our main number.

Your security is our top priority—thank you for staying alert and helping us protect your account.

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: