Privacy, Accessibility and Customer Identification
Children
Security Federal Bank is dedicated to protecting the privacy and security of your children in the electronic age. We respect the online privacy of your children and we do not knowingly collect, maintain or use personally identifiable information from children under the age of 13 from our website. For more information about the Children's Online Privacy Protection Act (COPPA), visit the COPPA website.
Accessibility
Security Federal Bank recognizes the importance of accessibility to all users and has made efforts to ensure that our website can be easily used by everyone.
If you are having trouble using or viewing the Security Federal Bank website, please let us know how we can make this a better experience for you at bank@securityfederalbank.com.
Customer Identification Program
We proudly support all efforts to protect and maintain the security of our customers and our country.
Important Info About Opening and Individual Account
- On September 11, 2001, our lives changed forever. In an effort to protect you and our country, the USA PATRIOT Act was signed into law. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may ask to see your driver's license or other identifying documents.
Important Info About Opening a Legal Entity Account
- As of May 11, 2018, new rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats. EACH time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, SSN, as well as identification documents) for each individual that have beneficial ownerships of 25% or more, and one individual that has significant managerial control of the Legal Entity. If you are opening an account on behalf of a Legal Entity, you will be required to provide the appropriate documentation to certify that this information is true and accurate to the best of your knowledge.
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