HOLIDAY CLOSURE NOTICE

We will be closed on Thursday, November 28 in observance of Thanksgiving.

Bank on the go anytime, anywhere using Digital Banking. Have a Smartphone? Download by clicking here: Mobile App.

Estaremos cerrados el Jueves 28 de Noviembre en observancia al Dia de Accion de Gracias.

Realice operaciones bancarias sobre la marcha en cualquier momento y en cualquier lugar utilizando la banca digital. ¿Tienes un smartphone? Descárguelo haciendo clic aquí: aplicación móvil.

Security Federal Savings Bank

Business Checking Options

At Security Federal, our business products and services help you spend less time managing your finances so you can spend more time running your business. We offer safe and secure products with the latest technology to help you operate your business more efficiently. Time is money and our products will save you both!

Each new account comes with a thank you gift!

Will your business have more than 1,000 items each month?

Yes
No

We recommend: Commercial Checking

One of our branch managers will be happy to customize an account to fit your financial needs.

Is your business a sole proprietorship or a not-for-profit organization?

Yes
No

We recommend: Absolutely Free Business Checking

Perfect for most businesses.
- 1,000 FREE monthly transaction items
- No minimum balance
- No monthly service charge

Will you always keep more than $1,500 in your business Checking account?

Yes
No

Business Interest Checking

Designed for sole proprietorships and not-for-profits.
- 1,000 FREE monthly transaction items
- Competitive interest
- Only $1,500 minimum balance to avoid a low monthly fee of $6

We recommend: Absolutely Free Business Checking

Perfect for most businesses.
- 1,000 FREE monthly transaction items
- No minimum balance
- No monthly service charge

Every business checking account includes:

FREE Instant Issue Debit Card
FREE Online Digital Banking with online check images
FREE Bill Pay
FREE Mobile Banking with Mobile Check Deposit
FREE eStatements
FREE Thank You Gift
FREE Night deposits
Buy back of your unused checks and debit cards from another financial institution

Features	Absolutely Free Business Checking	Business Interest Checking	Commercial Checking
1,000 FREE monthly transaction items
No minimum balance
No monthly service charge
Competitive interest
Only $1,500 minimum balance to avoid a low monthly fee of $6
Earnings credit allowance on deposit balances may offset activity fees
Only $15 monthly service charge
Transaction items are just 15 cents each
Coin and currency deposits just 50 cents per $1,000
Only $1.00 minimum to open
Free checks
Unlimited check writing
	Open Your Account Online	Open Your Account Online	Find a Local Branch

Absolutely Free Business Checking
1,000 FREE monthly transaction items
No minimum balance
No monthly service charge
Competitive interest
Only $1,500 minimum balance to avoid a low monthly fee of $6
Earnings credit allowance on deposit balances may offset activity fees
Only $15 monthly service charge
Transaction items are just 15 cents each
Coin and currency deposits just 50 cents per $1,000
Only $1.00 minimum to open
Free checks
Unlimited check writing
Open Your Account Online

Business Interest Checking
1,000 FREE monthly transaction items
No minimum balance
No monthly service charge
Competitive interest
Only $1,500 minimum balance to avoid a low monthly fee of $6
Earnings credit allowance on deposit balances may offset activity fees
Only $15 monthly service charge
Transaction items are just 15 cents each
Coin and currency deposits just 50 cents per $1,000
Only $1.00 minimum to open
Free checks
Unlimited check writing
Open Your Account Online

Commercial Checking
1,000 FREE monthly transaction items
No minimum balance
No monthly service charge
Competitive interest
Only $1,500 minimum balance to avoid a low monthly fee of $6
Earnings credit allowance on deposit balances may offset activity fees
Only $15 monthly service charge
Transaction items are just 15 cents each
Coin and currency deposits just 50 cents per $1,000
Only $1.00 minimum to open
Free checks
Unlimited check writing
Find a Local Branch

Save Time and Money with These Great Products and Services

Free instant issue debit card with fraud monitoring (access your funds free at more than 55,000 ATMs nationwide through the Allpoint network)
Free Online Digital Banking
Free eStatements
Remote Deposit Capture - Deposit checks in the comfort of your office. Save time and money by making fewer trips to the bank. See a FREE demonstration. Service fees apply.
Savings Account

Cash Management - Eliminate the expense of paper checks and stop payment fees by creating your own automated clearing house (ACHs) for employee payroll or to pay vendors. Set-up a FREE demonstration. Service fees apply.
Personal Checking Account
Credit Card Processing - Accept customer card payment - Visa, Mastercard, Discover and American Express. Get a FREE proposal. Service fees apply
Free Trust Consultation (by appointment)
Free Investment Services Consultation (by appointment)

IMPORTANT INFORMATION ABOUT OPENING A LEGAL ENTITY ACCOUNT

Effective May 11, 2018, new rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats. Each time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, date of birth, social security number as well as identification documents) for:

Each individual that has beneficial ownership (25% or more); and,
One individual that has significant managerial control of the Legal Entity.

If you are opening an account on behalf of a Legal Entity, you will be required to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge. We proudly support all efforts to protect and maintain the security of our customers and our country.

To assist in opening your account, we may request the following:

Sole Proprietor

TIN of owner
Assumed name certificate, if applicable

Limited Liability Company (LLC)

TIN of LLC
Articles of organization
Operating agreement

Partnership

TIN of partnership
Partnership agreement

Not-for-Profit Organization

TIN of organization
If incorporated, follow corporate guidelines
If tax exempt, IRS documentation or tax return
Business charter or minutes (if applicable)

Corporation

TIN of corporation
Articles of incorporation filed with Secretary of State
Corporate resolution
Certificate of existence from Secretary of State

Other fees such as non-sufficient funds, overdraft, sustained overdraft fees, etc. may apply. See fee schedule for details. Minimum opening deposit is only $50. Ask us for details. Bank rules and regulations apply. Transaction items include all debits and credits. If the Absolutely Free Business or Business Interest account exceeds 1,000 free monthly transactions, the account may be converted to another checking product. Free gift may be reported on a 1099-INT or 1099-MISC. Free gift provided at the time of account opening. Up to $10 for checks and debit cards from another financial institution given at the time the checks/debit cards are presented.