Youth Savings Accounts

• Available to tweens and teens, ages 12 through 17
• Competitive interest earned on balances of $25 or more
• No monthly service charge
• No minimum balance requirements
• 3 free withdrawals per month; $2 fee per withdrawal thereafter¹
• Free online banking
• Free mobile banking
• Free eStatements
  • Paper statements available for free
• $10 minimum deposit to open

¹During any statement cycle, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party.

• Available to young savers, from birth through age 11
• Competitive interest earned on entire balance
• No monthly service charge
• No minimum balance requirements
• No fee for excess withdrawals¹
• In-school bank branches
• Free online banking
• Free mobile banking
• Free eStatements
  • Paper statements available for free
• $5 minimum deposit to open

More About Looney Tunes Savings

The Looney Tunes Savings Club is a program designed to make saving fun and exciting for children 11 years of age and under. This program is available at all Security Federal Bank branches and at elementary schools in Aiken, Edgefield, Lexington and Richland counties in South Carolina and in Columbia County, Georgia.

We have enthusiastic representatives that visit participating elementary schools once a week during the school year to accept deposits and interact with the Looney Tunes savers. Accounts may be opened at any Security Federal Bank branch, or if your child attends one of the schools listed below, accounts may be opened on the Looney Tunes in-school bank day. The Looney Tunes Savings Club is a great way to establish a habit of saving!

If you are interested in having a Looney Tunes Savings Club In-School Bank at your child’s school, please ask your school principal to contact Security Federal Bank toll free at 1.866.851.3000.

¹During any statement cycle, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party.

As of 7/28/20, we have decided to postpone all In-school Looney Tunes banks until further notice due to COVID-19.  We hope that we can return in the future!

Aiken County

 Edgefield County

 Lexington County

Richland County

Richmond County

Columbia County