Money Market Deposit Account

A Money Market Deposit Account from Security State Bank is the best way to earn money market rates on your savings dollars.

Rate Information

At our discretion, we may change the interest rate for this account. Please contact your local Security State Bank location to obtain the current Annual Percentage Yield (APY) being offered.

Compounding frequency Interest will be compounded monthly
Minimum balance to obtain the current annual percentage yield (APY) You must maintain a minimum average daily balance of $2,500.00 in your account to obtain the current annual percentage yield. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use to make this calculation is monthly.
Minimum balance to open $2,500.00
Minimum balance to avoid a SERVICE CHARGE FEE $2,500.00 A service charge fee of $ .10 will be charged for each debit transaction plus a Service charge Fee of $5.00 will be charged. This fee will apply if the average daily balance is below $2,500.00
Deposit Limitations You may make an unlimited number of deposits into your account.
Limitations on Frequency of transfers During any calendar month, you may not make more than six 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. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution.

Enjoy the convenience of accessing your account information 24 hours a day.

Security State Bank Online Banking lets you:

• Review your account balances
• Confirm that your checks have cleared
• View and Print a copy of a cleared check
• Record ATM or Debit Card transactions
• Transfer funds between accounts

Contact us to obtain Rate Information and complete account disclosures.