New Android App Available for Download, Monday, June 9th

As part of our system upgrade, Android users will need to delete the old Security Federal app from their devices before downloading the new one starting Monday morning.
Please note: The new app may not immediately appear in Google Play search results.
To access it directly, use this link:
https://play.google.com/store/apps/details/?id=com.csiweb.digitalbanking.bk0011
What to look for: In the app store, the new Security Federal app will have a white background with our signature “S” ribbon logo in the center.

Apple Users: Your app may automatically update. If it does not, you need to delete your current app (blue background), then find the new app with the white background. Click here for the new apple app: SecFed Bank on the App Store.
Thank you for being part of this exciting upgrade. We're here if you need support!

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.

Sweep Services

Sweep

Life happens, and we want to help you avoid ever needing to pay a non-sufficient fund fee. If you establish Sweep between two accounts (or between one account and a Line of Credit), the Sweep will cover you from most overdrafts.

It's completely free to set up sweep between your accounts. All personal and business savings or checking accounts are eligible to be enrolled in sweep protection.

How does it work?

If your account that's enrolled in Sweep is negative at the end of the business day, our system will look at the “parent” account to see if there are funds in it to cover the negative balance. If there is, it “sweeps” the funds over to cover. There is a small fee when a sweep happens to cover your overdraft, but the beauty is this will allow you to avoid a more expensive non-sufficient fund fee.

One account would be the "parent" where the Sweep would pull from to cover the overdrafted amount. The parent can be savings to checking, checking to savings, checking to checking, savings to savings. Or, if you have a line of credit, you can set that to be your parent account, too.

Please note that if your account is negative and our system initiates a Sweep from your parent account, it looks for the full amount needed in your parent account. This means if your account is negative $25.00 and the sweep account only has $24.00, it won’t Sweep and a non-sufficient fee will be assessed.

If you'd like to learn more, click here:

Setting up Sweep