Compare Checking Accounts

Choose the Personal Checking Account that fits your needs.



Premium Checking

 
 
Qualify2 to earn 1.25% APY3 on the portion of the daily balance under $10,000 and have $1,200 in cell phone protection per year.



Perks Checking


 
A low-cost account with lot of benefits, including $1,200 in cell phone protection, and access to 24/7 free roadside assistance.
 

High Yield 


 
Qualify2 to earn 1.25% APY 3 on the portion of the daily balance under $10,000. 0.25%APY on any portion ≥ to $10,000.
 

Freedom Checking


 
Low-cost, basic checking account. Maintain a $100 minimum daily balance and we'll waive the $5 monthly fee. 

Anywhere Banking Tools: Online Banking, mobile banking, mobile check deposit, free eStatements (paper statements available for $3 per month) and Zelle©
ATM Fee Refunds4:
Qualify2 for up to $25 in ATM fee refunds per month.


Earn Interest:
Entire balance earns interest. For those in Perks and Premium, you can qualify2 to earn 1.25%APY3 on the portion of the daily balance that is less than $10,000.


Cell Phone Protection5:
Receive up to $600 per claim ($1,200 per year) if your cell phone is broken or stolen when you pay your bill from your Premium or Perks account. You will be assessed a $50 co-payment per claim.


Roadside Assistance:
Available 24/7 and free to use, up to $80 in covered services per incident.


ID Theft Aid5,6,7:
Includes identity restoration and payment card resolution, personal identity theft benefit, credit monitoring & credit report, credit score and scoretracker, score simulator, and identity monitoring.


Buyer's Protection and Extended Warranty5,6:
Items are protected for up to $2,500 per item if theft or accidental breakage occurs during the first 180 day of purchase, using your Perks or Premium Checking Account.


Health Savings Card:
Save money on prescriptions, eye exams, frames, lenses and hearing services.


Shop Local, Save Local with SFB Perks:
Local discounts and national retailer deals to save you money on shopping, dining, travel and more.


 Billshark7:
Let the Billshark team of experts negotiate your internet, TV, and home security services on your behalf. Billshark's fee is 33% of your savings.



$10,000 Travel Accidental Death Coverage6:
Peace of mind for the unexpected.


BaZing Fuel8:
Earn 10¢/gal for up to 20 gallons each month with just 15 debit card swipes.


Minimum Deposit to Open
$5,000 $25 $2,500 $100
Fee Information
Maintain a $5,000 daily minimum balance, and we'll waive the $15 monthly fee. $7.00 per month subscription fee Maintain a $2,500 daily minimum balance, and we'll waive the $12 monthly fee. Maintain a $100 daily minimum balance, and we'll waive the $5 monthly fee.
Additional Information
Only one account of this type may be opened per social security number.
 
Individuals must be at least 18 years of age to open and fund the account.
Only one account of this type may be opened per social security number.
 
Individuals must be at least 18 years of age to open and fund the account.
Individuals must be at least 18 years of age to open and fund the account. Individuals must be at least 18 years of age to open and fund the account.
 
How to Qualify for ATM Refunds in our Premium, Perks and High Yield Account and earn 1.25%APY in our Premium and High Yield Account on portion:
If the answer to all three qualifying questions below is YES, you qualify for the additional benefits:

Do you receive eStatements instead of paper statements?

Did you make 12 or more debit card purchase in the preceding month?

Are you set-up for at least one monthly ACH debit or credit?





















1 Subject to approval.

2 Qualification Information: Transactions and activities may take one or more business days from the date the transaction or activity occurred to post and settle to the account. The following activities do not count toward earning reward: ATM-process transaction, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, purchases made with a debit card not associated with the account, and bill payments made through Security Federal Bank’s online banking. Transactions bundled together by merchants and received by our institution as a single transaction count as one transaction for the purpose of earning account rewards.
 
3 Annual Percentage Yield (APY) accurate as of 07/10/2023. Determination of Rate: The interest rate paid each month will be a single interest rate on the entire balance based on the daily balance during the prior month as illustrated in the High Yield Table. If, however, the account satisfied the criteria for an earned reward benefit during the prior month, the interest rate and APY would be more favorable. If the reward is earned, the High Yield Table does not apply. Instead, the Bank will pay an interest rate of 1.24% on any portion of the daily balance that is less than $10,000. The corresponding APY on the portion would be 1.25%. Additionally, the Bank will pay an interest rate of .25% on any portion of the daily balance that is greater than or equal to $10,000. Whenever account balances are greater than or equal to $10,000, the blended APY on the entire balance would vary from 1.25% to 0.34%, depending on the daily balance. Frequency of Rate Change: The bank may change the interest rate on your account at any time. Compounding and Crediting: Interest will be compounded monthly and will be credited to the account monthly. If you close your account before interest is credited, you will not receive the accrued interest.

4 If qualifications are met during the Statement Cycle, you will receive reimbursements (max. $25.00 per cycle) for nationwide ATM withdrawal fees imposed by other financial institutions and incurred during the Statement Cycle in which you qualified. These reimbursements will be treated as interest for IRS (Form 1099-INT) reporting purposes. If qualifications are not met during the Statement Cycle, nationwide ATM fees are not reimbursed.
 
5 Subject to the terms and conditions detailed in the Guide to Benefits found in the SFB Perks App.
 
6 Insurance products are: NOT A DEPOSIT. NOT FDIC-INSURED. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. NOT GUARANTEED BY THE BANK.
 
7 Billshark, identity monitoring, and credit monitoring each require additional activation to begin.
 
8 You’ll receive a one-time activation reward of $0.10 per gallon when you activate BaZing Fuel. You’ll earn a monthly reward of $0.10 per gallon each month when you have 15 eligible debit card transactions post and settle during the Monthly Qualification Cycle (MQC), which is defined as the first day of the month through the last day of the month. Only transactions posted during the MQC will count towards the monthly reward for that MQC. The following activities do not count toward earning BaZing Fuel: ATM withdrawals, transfers between accounts, deposit or refund transactions. Transactions posted during the MQC greater than the monthly reward requirement will be stored to count towards a bonus reward of $0.10 per gallon. When you have 50 stored bonus transactions you will earn the bonus reward. You will continue to earn bonus rewards for every 50 stored bonus transactions accrued. If the required monthly reward transaction count is not met during the MQC, no transactions are counted for any reward during that MQC or the bonus reward. BaZing Fuel is limited to 20 gallons of fuel per purchase, per vehicle, or fraud limits placed by Shell and/or limits placed on your payment card by your financial institution, each of which may be lower. To activate, you will need to have online banking with your financial institution. Refer to the BaZing Fuel Terms and Conditions for full disclosures. BaZing Fuel offer may be changed at any time and without notice.