Business Savings

Security State Bank offers a variety of savings accounts to help you attain your short and long term goals. Please contact us to open any of these accounts. 

 

Statement Savings

Keep track of your savings with a quarterly bank statement

Features Included:

  • ATM card*
  • Online & Mobile Banking
  • Mobile Deposit Capture
  • Card Valet App
  • 24 HR telephone banking
  • Interest rate is variable and based on a tiered rate structure
  • Interest begins to accrue on the business day you make your deposit.
  • Interest will be credited and compounded quarterly
  • eStatements Free
  • Optional Paper statement for $2 per statement 

Account Requirements

  • Opening deposit of $100.00 required
  • Service charge is $2.00 per month if the daily balance falls below $100.00
  • Transfers by pre-authorized agreements, telephone transfers or electronic transfers are limited to six per month
  • Unlimited in bank withdrawals, loan payments, and transfers between bank accounts done in person are allowed

Ways to reduce your service fee

  •  Switch to eStatements $2 credit
  • To waive Service Charge, maintain a daily balance of $100 or more.

Money Market

Earn a competitive interest rate in this excellent savings account that provides a quarterly bank statement & the ability to write checks

Features Included:

  • Unlimited in bank withdrawals or transfers between bank accounts (including loans) are allowed
  • Interest rate is variable and based on a tiered rate structure
  • Interest begins to accrue on the business day you make your deposit
  • Interest is credited and compounded monthly
  • 24 HR telephone banking
  • Online & Mobile Banking
  • eStatements Free
  • Optional Paper statement for $2 per statement
  • Quarterly Bank Statements unless there is an electronic funds transfer2, then monthly statements 

Account Requirements

  • Opening deposit of $1,000 is required
  • Service charge is $5.00 per month if the daily balance falls below $1,000.00
  • Account is subject to the limitation of six authorized transfers per month made by check, draft, debit card or similar order made by deposit and payable to third parties. 

Ways to reduce your service fee

  • Switch to eStatements $2 credit
  • To waive Service Charge, maintain a daily balance of $1,000.00 or more.
     

Platinum Money Market

Excellent savings account for the discriminating investor that desires a more competitive interest rate for balances of $10,000 or more and the ability to write checks 

Features Included:

  • Unlimited in bank withdrawals or transfers between bank accounts (including loans) are allowed
  • Interest rate is variable and based on a tiered rate structure
  • Interest will be credited and compounded monthly
  • Interest begins to accrue on the business day you make your deposit.
  • Account is subject to the limitation of six authorized transfers per month made by check, draft, debit card or similar order made by deposit and payable to third parties.
  • Minimum amount of withdrawal outside the bank, which includes automatic transfers and checks is $300 per item
  • 24 HR telephone banking
  • Online & Mobile Banking
  • Quarterly Bank Statements unless there is an electronic funds transfer2, then monthly statements

Account Requirements

  • Opening deposit of $10,000 is required
  • Service charge is $15.00 per month if the daily balance falls below $10,000.00 

Ways to reduce your service fee

  • To waive Service Charge, maintain a daily balance of $10,000.00 or more.

* Upon approval

 

Have Questions?

Contact us Visit a Branch 

 

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