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

Checking & Savings Rates

We have multiple accounts to match your ever-changing financial needs. Check our competitive personal and business bank rates.

Rates accurate as of 05.20.2025

Personal Checking Accounts

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Account Name	Minimum to Open	Minimum to Avoid Service Fee	Minimum to Earn APY	Interest Rate	APY
Absolutely Free Checking	$50.00	None	None	None	None
Youth Checking	$10.00	None	None	None	None
50+ Interest Checking	$50.00	None	None	0.02%	0.02%
Benefits Checking	$50.00	None	None	None	None
Prestige Interest Checking	$50.00	$1,500.00	$0.01 $25,000.00	0.05% 0.07%	0.05% 0.07%

Personal Savings Accounts

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Account Name	Minimum to Open	Minimum to Avoid Service Fee	Minimum to Earn APY	Interest Rate	APY
Personal Savings	$50.00	None	$500.00	0.06%	0.06%
Youth Savings	$10.00	None	$0.01	0.10%	0.10%
Christmas Club	$0.00	None	None	0.10%	0.10%
Health Savings	$0.00	None	$0.01 $2,500.00 $10,000.00	0.07% 0.40% 0.40%	0.07% 0.40% 0.40%
HealthyU HSA MMDA	$0.00	None	$0.01 $2,500.00 $10,000.00	1.50% 1.50% 1.50%	1.51% 1.51% 1.51%
Personal Money Market	$50.00	$2,500.00	$0.01 $2,500.00 $100,000.00 $250,000.00 $500,000.00 $1,000,000.00	0.10% 0.10% 0.15% 0.25% 0.35% 0.40%	0.10% 0.10% 0.15% 0.25% 0.35% 0.40%
SecFed High Yield Money Market	$50	$5,000.00	$0.01 $5,000 $100,000 $250,000	0.10% 2.00% 2.50% 3.50%	0.10% 2.02% 2.53% 3.56%

Personal CDs

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Term	Minimum to Open	Minimum Balance	Interest Rate	APY
3 Month	$500.00	$500.00	0.41%	0.41%
6 Month	$500.00	$500.00	0.51%	0.51%
12 Month	$500.00	$500.00	0.71%	0.71%
18 Month	$500.00	$500.00	1.26%	1.27%
24 Month	$500.00	$500.00	1.75%	1.76%
30 Month	$500.00	$500.00	1.85%	1.86%
36 Month	$500.00	$500.00	1.74%	1.75%
48 Month	$500.00	$500.00	1.64%	1.65%
60 Month	$500.00	$500.00	1.54%	1.55%

Personal CD Specials

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Term	Minimum to Open	Minimum Balance	Interest Rate	APY

4 Month Special	$500.00	$500.00	4.15%	4.21%
7 Month Special	$500.00	$500.00	4.10%	4.14%
Your Flex CD (15 Month)¹	$500.00	$500.00	3.90%	3.96%
15 Month Special	$500.00	$500.00	4.00%	4.06%
Your Flex CD (35 Month)¹	$500.00	$500.00	3.50%	3.55%

¹Interest compounds quarterly and credits quarterly. Early withdrawal penalty is $50 (if closed before maturity or make withdrawals when the balance is below $10,000.00) Make 1 FREE withdrawal from your Flex CD each month as long as the balance is above $10,000 at the time of the withdrawal. Make deposits into your Flex CD as much as you like! A penalty may be imposed for any CD withdrawals before maturity. Fees may reduce earnings on an account.

APY=Annual Percentage Yield. A penalty may be imposed for any CD withdrawals before maturity. Fees may reduce earnings on account.