Features
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Free Business Checking
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Business Interest Checking
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Basic Business Checking
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Commercial Analysis Checking
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Commercial Sweep Checking (1)
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Monthly item range (2)
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0 to 100
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0 to 150
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0 to 250
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Over 250
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$10
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Ownership type
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Proprietor/Entity
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Proprietor
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Proprietor/Entity
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Prop/entity/non-profit
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Prop/entity/non-profit
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Minimum to open
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$100
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$100
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$100
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$100
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$100
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Minimum to earn interest
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No interest
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$500
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No interest
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No interest
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No interest
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Minimum to avoid monthly charge
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Not applicable
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$500
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$1000
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Not applicable
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Not applicable
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Monthly charge if minimum not met
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Not applicable
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$10
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$10
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Depends on activity
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Depends on activity
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Excess item charge (2)
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$.25/item >100/mo
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$.25/item >150/mo
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$.25/item >250/mo
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Not applicable
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Not applicable
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Overdraft protection (3)
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Yes
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Yes
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Yes
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Yes
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Yes
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Cash Management (4)
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Available
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Available
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Available
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Available
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Available
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Business Style Checks
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Available
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Available
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Available
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Available
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Available
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Check images included with statement
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Free
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Free
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Free
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Free
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Free
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ATM and Check Cards (5) (6)
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Free
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Free
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Free
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Free
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Free
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Visa Credit Cards (5)
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Available
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Available
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Available
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Available
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Available
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Security Federal Bank ATM usage
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Free
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Free
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Free
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Free
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Free
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Online banking
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Free
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Free
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Free
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Free
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Free
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(1) The interest rate on our Sweep account is a competitive market rate.
(2) Items include debits, credits and checks deposited.
(3) Overdraft Protection is available through either a companion account or a line of credit. Credit lines are issued subject to approval.
(4) Cash Management automates payroll, transfer of funds and recurring debits and credits. Subject to credit approval.
(5) Our Visa Credit Card carries a low annual percentage rate of prime + 2.00%. ATM, Check and Credit Cards are issued subject to approval.
(6) Other-bank ATM usage is free up to four times per month. The other bank may impose an ATM surcharge.
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