Checking Options

Security Federal believes you should spend more time running your business and less time managing your finances. Our business products and services allow you to do just that. Our products are designed with the business person in mind. 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!

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Select Business

A checking account that meets the needs of the small business owner.

  • Only $300 minimum balance required to avoid a $5.00 service fee.
  • 20 checks may be written per month with no fee. The fee per check after 20 is 20 cents.
  • FREE debit card.
  • FREE eBanking with bill pay.
  • Night deposits available.
  • Only $50 minimum to open.

Chart with an arrow going upPremier Business

Perfect for businesses that keep a higher balance and do a large volume of check writing.

  • Only $15,000 minimum balance required to avoid a $10.00 service fee.
  • 100 checks may be written per month with no fee. The fee per check after 100 is 20 cents.
  • FREE debit card.
  • FREE eBanking with bill pay.
  • Night deposits available.
  • Only $50 minimum to open.

Heart iconHealth
Savings (HSA)

Flexible, tax-free and there to use when your employees need it. If your company has a High Deductible Health Plan, your employees may be eligible for an HSA.

  • No minimum balance requirement.
  • No monthly service fee.
  • Competitive interest rate-tiered.
  • FREE checks.
  • Unlimited check writing.
  • FREE debit card.
  • Only $1.00 minimum to open.

Save Time and Money with These Great Products and Services

  • Free Debit Card (access your funds free at more than 55,000 ATMs nationwide through the Allpoint network)
  • Free eBanking
  • 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.
  • Merchant Card Services - Offer Visa, Mastercard, Discover and American Express to your customers. Get a FREE proposal. Service fees apply.
  • Free Trust Consultation (by appointment)

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