Lafayette, West Lafayette, and all Kokomo ATMs are fully operational. Logansport Main ATM is dispensing cash and deposits delayed. Delphi and Logansport Mall ATM can only dispense cash. 

AllPoint ATMs are available for free. Please visit ALLPOINT for locations. We appreciate your patience as we work diligently to fix this issue. 

We apologize for the inconvenience and will update this alert once we have updates on Delphi, Logansport Main and Mall. 

Security Federal Savings Bank

New Home Construction

Are you considering buying or building a home, and can’t decide which to do? If you build your own home, your builder might offer fiancing, or you may need to secure your own new home construction loan. Security Federal offers new home construction loans.

You can apply now

Construction-To-Permanent Loan 

Construction-to-permanent loans are a financing option that prospective custom home builders can apply for. Construction-to-permanent loans are one-time-close loans that fund construction and then convert into a permanent mortgage. During the 6–12-month construction phase, borrowers make interest-only payments. After the construction phase, the payment includes both principal and interest. An extension can be requested f the home is not complete. *

We also offer an optional interest rate float down at the end of the construction phase if interest rates decrease below the rate at origination. The floor rate is 4.50%.

Ready to get started?

Apply online

Contact our team today

*The construction extension fee is $250.