NOTICE: ANNUAL MEETING OF MEMBERS

Notice is hereby given that the Annual Meeting of Members (the “Annual Meeting”) of Security Federal Mutual Bancorp (the “MHC”) will be held at the office of Security Federal Savings Bank located at 314 Fourth Street, Logansport, Indiana on Wednesday, May 21, 2025, at 1:00 p.m. Eastern Time, and at any adjournment thereof. The record date for members eligible to participate in the Annual Meeting is March 31, 2025. The purpose of the Annual Meeting is to consider and vote upon the election of Dr. Dianne Brown, Mr. Derek Fisher, and Mr. Michael Ivy as directors and such other business as may properly come before the Annual Meeting or any adjournment thereof.

Allison Crowell
CORPORATE SECRETARY

Personal, Auto, and Motorcycle loans

Automobile & Motorcycle Loans

If you’re thinking about buying a vehicle, consider Security Federal for your next loan. You’ll receive a competitive fixed-rate term that can be paid back in up to 84 monthly installments.

Benefits include flexible payment options, including auto-debit from your bank account, a quick and easy application and approval process, and, when the loan closes, a convenient online account management feature.

We can finance:

Up to 100% of the purchase price
New or used vehicles
Dealer or private party purchases

Personal Loans

Planning a vacation? Have unexpected expenses or family events such as an engagement, wedding, or graduation?

Consider a personal loan from Security Federal to help fund your needs!

You’ll receive:

A set payment for a set amount of time
A loan amount between $1,000-$10,000
A loan term of up to 36 months

Ready to get started?

Apply online

Contact a lender

Information to bring to your loan application meeting:

Valid identification
Pay stubs for the most recent 30 days

All Vehicle & Recreational Loan Details: Interest rates are based on the vehicle year and miles, amount you finance, the term (length) of your contract and our evaluation of your credit history. All loans and rates are determined and subject to credit approval. Borrower is responsible for any taxes, licensing fees and a $70.00 origination fee. If payments are 10 days past due, a late fee will be assessed for $25.00.

*The information provided assumes the purpose of the loan is to purchase a vehicle with a loan amount of $35,120 and an estimated value of $35,120. The assumed credit score is 740. The loan term would be 72 months.

At a 6.498% interest rate, the APR for this loan type is 6.505% for 72 payments. The monthly payment schedule would be:

· 72 payments of $590.69 at an interest rate of 6.498%.

· Final payment will be 72 months from the loan origination date.

· No down payment required.

· To qualify for 90 days no payments, you must set up an automatic ACH payment. Additional restrictions may apply. Security Federal Savings Bank reserves the right to discontinue the offer at any time.