FDIC-Insured - Backed by the full faith and credit of the U.S. Government
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
CDs and IRA Accounts
With a Security Bank Certificate of Deposit accounts and Individual Retirement accounts, you will enjoy all of the following benefits:
Free Online Banking
Free Mobile Banking (Message and data rates may apply)
Certificates of Deposit
Ideal investment account insured by the F.D.I.C. for investors seeking a higher rate of interest for a fixed term and may also be used for I.R.A.’s (Individual Retirement Accounts).
Term deposits
Customer selects term from 91 days to 60 months
Minimum deposit may be required
May be used for Individual Retirement Accounts (I.R.A.)
Annual percentage yield according to term of certificate
Ask for our Truth-in-Savings Disclosure for the terms and conditions
Early withdrawal penalty if principal is withdrawn before the maturity date
Individual Retirement Accounts
A flexible savings for retirement insured by F.D.I.C. with many options for you to choose from:
Free of annual fees
Traditional, Roth & Coverdell Educational IRA’s available
You choose a Certificate of Deposit with minimum balance of $500.00
If you have less than $500.00 (The minimum balance for Certificates of Deposit), select our I.R.A. Variable Rate Passbook Account.
Investment terms from 6 months to 60 months
You choose the term at renewal
No bank penalties for regular distributions (There may be Federal IRS taxation penalties for withdrawals)
Ask for our Truth-In-Savings Disclosure for the certificate terms and conditions