| Common features among accounts: |
- Personalized withdrawal and deposit slips provided free of charge.
|
- Savings accounts accessible through online and mobile banking.
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|  |
Personal Savings
| Features |
Money Market (1)
|
Regular Savings (1)
|
Young Savers (2)
|
Looney Tunes (2)
|
| Age group
|
18+
|
18+
|
12 through 17
|
Birth through 11
|
| Minimum to open
|
$1,000
|
$100 |
$10
|
$5
|
| Minimum to earn interest
|
No minimum required
|
$100
|
$25
|
No minimum required
|
| Minimum to avoid monthly charge
|
$1,000
|
$100
|
No minimum required
|
No minimum required
|
| Monthly charge (if minimum not met)
|
$7
|
$3
|
$0
|
$0
|
| Excess withdrawal fee
|
$5/item (1)
|
$2/debit over 3/mo
|
$2/debit over 3/mo
|
None
|
| Excess item
charge (3)
|
$.25/item over 150/mo
|
$.25/item over 150/mo
|
$0
|
$0
|
| Personalized checks
|
Free |
Unavailable
|
Unavailable
|
Unavailable
|
| Personalized withdrawal and deposit slips
|
Free
|
Free
|
Free
|
Free
|
| Visa Check
Card (4)(5)
|
Free |
Unavailable
|
Unavailable
|
Unavailable
|
| ATM Card (4) (5)
|
Free |
Free |
Unavailable
|
Unavailable
|
| Security Federal Bank ATM usage
|
Free
|
Free
|
Unavailable
|
Unavailable
|
|
|
(1) |
A Money Market or Regular Savings account can be used as a companion to a checking account for overdraft protection. Withdrawals on a money market or regular savings account are limited to 6 per month when using preauthorized, automatic transfers or transfers to another account. |
|
(2) |
Young Savers and Looney Tunes accounts are designed to make it fun for our youth to learn the value of saving money. |
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(3) |
Items include debits, credits and checks deposited. |
|
(4) |
Visa Check Cards and ATM Cards are issued subject to approval. |
|
(5) |
Other-bank ATM usage is free up to four times per month. The other bank may impose an ATM surcharge. |
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