Personal Savings
Features
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Money Market (1)
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Regular Savings (1)
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Young Savers (2)
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Looney Tunes (2)
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Age group
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18+
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18+
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13 through 17
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Birth through 12
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Minimum to open
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$1,000
|
$100
|
$25
|
$5
|
Minimum to earn interest
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No minimum required
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$100
|
$25
|
No minimum required
|
Minimum to avoid monthly charge
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$1,000
|
$100
|
$25
|
No minimum required
|
Monthly charge (if minimum not met)
|
$7
|
$3
|
$3
|
$0
|
Excess withdrawal fee
|
None
|
$2/debit over 3/mo
|
$2/debit over 3/mo
|
None
|
Excess item charge (3)
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$.25/item over 150/mo
|
$.25/item over 150/mo
|
$0
|
$0
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Personalized checks
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Free (4)
|
Unavailable
|
Unavailable
|
Unavailable
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Personalized withdrawal and deposit slips
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Free
|
Free
|
Free
|
Free
|
Visa Check Card (5)
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Free
|
Free
|
Unavailable
|
Unavailable
|
ATM Card (5) (6)
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Free
|
Free
|
Unavailable
|
Unavailable
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Security Federal Bank ATM usage
|
Free
|
Free
|
Unavailable
|
Unavailable
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(1) A Money Market or Regular Savings account can be used as a companion to a checking account for overdraft protection.
(2) Young Savers and Looney Tunes accounts are designed to make it fun for our youth to learn the value of saving money.
(3) Items include debits, credits and checks deposited.
(4) The number of checks written on money market accounts are limited by federal regulation to no more than three per month.
(5) Visa Check Cards and ATM Cards are issued subject to approval.
(6) Other-bank ATM usage is free up to four times per month except when using an ATM which imposes a surcharge.
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