Our Services
We provide a variety of account and loan products to accommodate you and your business:

CHECKING
Checking Products
Choose from our Regular checking, NOW Account, or Super NOW Account
 All of our personal checking accounts feature:

• Free online banking
• Check Imaging
• Monthly statements
• Free Shazam debit card
• No usage charge at Security State Bank ATMs
• Unlimited check writing

Regular Checking Account
A regular checking account can be a no-charge checking account if you maintain the required average daily balance for the cycle.

• Maintain $300.00 average daily balance for the cycle to avoid a service charge fee of $5.00 plus tax.
• No minimum balance requirement for customers who are age 62 and older, students and community non-profit organizations.

NOW Account
Get more for your money with one of our interest-bearing checking accounts.

• Maintain $750.00 average daily balance for the monthly statement cycle to avoid a service charge fee of $5.00 plus tax.
• Interest compounded and credited to your account monthly
• Fees may reduce earnings

Super NOW Account

• Maintain $2500.00 average daily balance for the monthly statement cycle to avoid a service charge fee of $5.00 plus tax.
• Interest compounded and credited to your account monthly
• Fees may reduce earnings

Security Select Account
Any checking account can receive the Security Select option benefits which include money orders, accidental death insurance coverage and the designated personalized checks.  Insurance coverage varies based on the plan selected.

Business Checking Accounts
We make business banking easy and want to make a difference in your banking relationship.  All business checking accounts feature:

• Free online banking
• Check Imaging
• Monthly statements
• Direct deposit for employee payroll available
• Bank bags available
• Night deposit drop box available

Regular Business Checking

• Monthly service charges are $0.04 cents a check for every transit item deposited and every check written.  For every average collected balance of $20.00, there is a credit back of one check ($100.00 = 5 free checks)

NOW Business Checking

• Monthly service fee of $7.50 plus if average daily balance for the cycle falls below $2000.00.
• Monthly service charges are $0.04 cents a check for every transit item deposited and every check written.  For every average collected balance of $20.00, there is a credit back of one check ($100.00 = 5 free checks)
• Fees may reduce earnings

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SAVINGS
Security Money Market Investment Account (SMMIA)
An account that earns competitively higher rates as your savings grows.

• Interest is applied in tiers; the higher your balance, the higher the interest
• $2,500.00 minimum balance required to open this account
• Interest is compounded and credited to your account monthly
• You may make no more than 5 withdrawals per month. 
• The minimum amount per withdrawal is $500.00
• Free online banking
• Check Imaging
• Monthly statements

Statement Savings Account
Whatever you’re saving for, it’s never too late to start a savings account for future plans.

• $10.00 average daily balance is required to obtain the disclosed annual percentage yield
• Interest is compounded and credited to your account quarterly
• Allowed 5 free withdrawals per month; an excessive withdrawal fee of $1.00 will be charged for each debit transaction in excess of five during a month.
• Free online banking
• Fees may reduce earnings

Christmas Club Savings Account
Open a Christmas Club savings account and start saving for next Christmas.  Each year in November, a check will be issued.  Deposits can be automatically debited from your checking or savings account on a weekly or monthly basis.  Ask any employee for more information.

• You may not make withdrawals from your account until the club maturity date.
• If you close your account before interest is credited, you will not receive the accrued interest.
• Interest will not be compounded.  Interest will be credited to your account at club maturity.
• Fees may reduce earnings

Health Savings Account
A Health Savings Account (HSA) can be opened for any adult that is covered under a HSA-qualified High Deductible Health Plan (HDHP).  A HDHP has minimum requirements that include a minimum deductible and maximum out-of-pocket expenses.  You will need to contact your insurance provider to find out more about HDHPs.

An HSA provides: savings, tax-advantages, and stability for future health care expenses.  When you open your HSA account as Security State Bank, you will benefit from:

• Instant Account Access-All customers can view their account balances and transfers for free on Online Banking by signing up. 
• Secure Investment-Your HSA deposits are held in an interest bearing checking account at Security State Bank.  A minimum balance of $100.00 is required to open an HSA account.

Contact us to find out more on Health Savings Accounts.

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CD’s
Certificates of Deposit
To meet the individual needs of each customer, we have different investment time frames.  Terms range from 91 days to 48 months maturity.  Deposits are automatically renewable at current rate at the date of maturity.  Penalty for early withdrawal.

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• Traditional IRA
• Roth IRA
• SEP
• HR-10
• Coverdell Education Savings Account

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LOANS
Loans
With a wide variety of loan products, we can service all of your borrowing needs.  From ag production, equipment and real estate to consumer auto and home loans, our loan officers are eager to help.  Contact one of our officers for an application or to dicuss our competitive loan rates.

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DEBIT CARDS

• Debit Cards

The Shazam Mastercard Debit Card gives you the flexibility to make purchases without writing a check.  It also allows you to receive cash at any of the thousands of ATM machines worldwide.   

Security State Bank owned ATM locations:

• Sutherland

Car-Go Express convenience store—in store access
202 W Southern St
Sutherland, IA  51058

• Paullina

Dyno’s convenience store—in store access
222 Clark St. N
Paullina, IA  51046

• Peterson

Car-Go Express convenience store—in store access
217 W Third St
Peterson, IA  51047

For a listing of Shazam’s Priviledged Status ATMs, check out the ATM Locator at www.shazam.net.

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CREDIT  CARDS
SAFE DEPOSIT BOXES
MONEY ORDERS
SAVINGS BONDS

• Credit Cards
• Safe Deposit Boxes
• Personal Money Orders
• U.S. Savings Bonds
• Direct Deposit/Withdrawal
• Bank By Mail
• Night Deposit Drop Box
• Automatic Transfers
• Wire Transfers
• Stop Payments
• Fax Service
• Visa/Mastercard/Discover Cash Advances
• Notary Service
• Merchant Bankcard Program

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OTHER PRODUCTS & SERVICES
24 Hour Telephone Banking
A free service designed to allow customer’s access to their account information 24 hours a day, seven days a week.  Contact us to set you up with 24 Hour Telephone Banking.  If you are currently set up with your password, you may call telephone banking directly at 712-446-2600.

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