Savings Accounts
Depending on your wants or needs, Security Savings Bank has a savings account exactly right for you. You can choose to save short-term or long-term, high rates or low minimums. The choice is yours.
Opening Balance | Monthly Service Charge | Variable Interest Rate | Features/Benefits | |
Regular Savings |
$1.00 | If balance is below $50.00 and no activity, there is a $1.00 monthly fee. | Yes | NA |
All Aboard Kids Club |
$1.00 | None | Yes |
|
Money Market Plus (MMP) |
$2,500.00 | None1 | Tiered1 | NA |
Christmas Club Account |
$1.00 | None | Yes |
|
1You must maintain a minimum average daily balance of $2,500.00 to obtain the disclosed annual percentage yield. Interest is credited to your account every month based on a tiered rate.
Health Savings Accounts
A Health Savings Account (HSA) is a specialized savings account that works hand in hand with your employer-sponsored high deductible health insurance plan (HDHP), allowing greater flexibility over how you use your health care dollars. Qualified individuals may open an HSA at Security Savings Bank and make pre-tax contributions to the account. Distributions are tax-free if the proceeds are used for qualified medical expenses.