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Welcome to Security State Bank
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Deposit Products
Statement Savings
| Passbook Savings |
IRA Retirement Accounts |
Certificates of Deposit
Statement Savings
- Unlimited deposits
- Quarterly statements (monthly with EFT or ACH activity)
- Interest paid quarterly on collected balances
- Unlimited in-office withdrawals to accountholder
- 6 automatic transfers per statement cycle of which 3 may be
withdrawals to 3rd party
- Monthly fee is $1.00 – Fee waived with $100.00 minimum collected daily
balance
Passbook Savings
- Unlimited deposits
- Savings passbook for ease of record keeping
- Perfect for the young saver
- Interest paid quarterly on collected balances
- Unlimited in-office withdrawals to accountholder
- 6 automatic transfers per statement cycle of which 3 may be
withdrawals to 3rd party
- Monthly fee is $1.00 – Waived fee with $50.00 minimum collected daily
balance
IRA Retirement Accounts
- No fees
- Tax deferred interest (check with your tax accountant)
Terms
- 3, 6, 12, 18, 30, 36 or 48 Month - $500.00 minimum – Early
withdrawal penalty is total interest the IRA would earn for the entire
term
- Tax deferred interest (check with your tax accountant)
Certificates of Deposit
- No fees
- Available for personal customer or business customer
Terms
- 3, 6, 12, 18, 30, 36 or 48 Month - $500.00 minimum – Early
withdrawal penalty is total interest the CD would earn for the entire
term
The information contained on this page does not intend to comply with all
state or federal disclosure requirements. Contact our office for full
disclosure information.
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