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.

Savings, Money Markets, & Health Savings Accounts

Are you trying to save for a down payment for a home? Want to stash some money for holiday expenses? Maybe you’re teaching your youngster how to use money and want to help them by opening a youth savings account. No matter your savings goal, we have secure savings plans for every stage of life. With Security Federal, get ready to save, and more importantly, get ready to earn.

Personal Savings A great first step in your savings plan.
$0 minimum to open $0 monthly service fee Competitive interest rate - See Rates I Want to Apply Now

Youth Savings An account for under 18 years old
$0 minimum to open $0 monthly service fee Competitive interest rate An account opened by an adult for those under 18 years old under the Indiana Uniform Transfer to minors Act (INUTMA) I Want to Apply Now

Christmas Club Saving for annual expenses has never been easier.
$0 minimum to open $0 monthly service fee Early withdrawal fee applies (see disclosure) Competitive interest rate I Want to Apply Now

Certificate of Deposits A special type of savings account.
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. Competitive interest rate - See Rates I Want to Apply Now

Are you looking for a way to earn more interest on a higher balance but you want to have easy access to use your money? Personal Money Market accounts offer the ability to earn more interest than our traditional savings accounts.

Do you enjoy spending money on healthcare? We’re guessing your answer is, “no.” With a Health Savings Account, you can set aside money on a pre-tax basis to pay for qualified medical expenses. This may help you lower your overall health care costs, meaning more money in your bank account (or more Starbucks, either way).

Learn more about an HSA here.

Personal Money Market A special account for individuals who want to earn a higher rate of interest.
Only $2,500 minimum to open Only $2,500 minimum balance required to avoid a $10.00 monthly service fee (see disclosure) Competitive interest rate - tiered - See Rates I Want to Apply Now

SecFed High Yield Money Market Providing you premium tiered rates for even greater earning potential.
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 I Want to Apply Now

Health Savings Account Use your HSA to pay for qualified medical expenses.
Flexible, tax-free, and yours when you need it. $0 Minimum to open $0 monthly service fee Check writing available Competitive interest rate - tiered - See Rates I Want to Apply Now

HealthyU HSA MMDA Use your HSA to pay for qualified medical expenses.
Flexible, tax-free, and yours when you need it. $0 Minimum to open $0 monthly service fee Competitive interest rate - tiered - See Rates Find Branch Location