"An investment in knowledge pays the best interest." - Benjamin Franklin
Financial Articles
Curated articles, just for you!
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02/08/2024
Understanding What the FDIC Protects
In the wake of the 2023 news storm of some big banks closing their doors, Security Federal Bank wants to explain why there is no reason to panic. All deposit account holders with $250,000 or less per account in our institution are automatically protected by the FDIC – meaning that you will never be at risk of losing this money.
The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that was established in 1933 to provide deposit insurance to depositors in case their bank fails. The FDIC is responsible for maintaining stability and public confidence in our nation's financial system. See how the FDIC protects Security Federal Bank’s depositors and the banking system overall.
01/08/2024
6 Steps to Starting a Small Business
Are you ready to start up your business idea and become an entrepreneur? Before you can call yourself a small business owner, you’ll want to make sure your business solves a real problem, has a plan and can get funding. Follow these steps to turn your startup idea into a thriving small business in South Carolina or Georgia.
12/08/2023
Comparing Small Business Loan Programs Backed by the SBA
The U.S. Small Business Administration (SBA) was founded as an independent federal government agency to help American businesses get started, compete, and thrive by helping business owners access funding.
11/8/2023
Financial Health
Is it paying bills on time, robust savings, retirement fund, affording a new car? Whatever financial health means to you, it starts with getting your finances in order.
It’s easy to think that keeping track of your account balances is all you need to do to stay on top of your finances.
