Commercial Banking

Checking Plans | Savings Plans | Other Services | Important Information

Checking Plans *

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Checking Comparison Chart

Standard Business Checking
• Unlimited check writing
• Monthly statements with check images
• Minimum daily balance of $750 required
• Maintenance fee of $6.00 per month if balance requirement not met
• $.25 per check if balance requirement not met
• Maintenance/Per Check fee waived with daily balance of $5000 in related savings account or CD
• Dormant fee of $3.00 per month on balances less than $250 after one year.

High Activity Business Checking
• Credit of $.25 per $100 of average balance-not to exceed monthly fee
• Unlimited check writing
• Monthly statements with check images
• No minimum balance required
• Maintenance fee of $6.00 per month
• $.25 fee per check written
• $.10 fee per deposited not-us-items
• Wire transfer fee can be offset with earnings credit based upon balance levels
• Maintenance/Per Check fee waived with daily balance of $5000 in related savings account or CD
• Dormant fee of $3.00 per month on balances less than $250 after one year.

Business Reward Checking
• Interest paid monthly based on current balance
• Unlimited check writing
• Monthly statements with check images
• Minimum daily balance of $1500 required
• Maintenance fee of $6.00 per month if balance requirement not met
• $.25 per check fee. The first 50 checks are free
• Dormant fee of $3.00 per month on balances less than $250 after one year.

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Savings Comparison Chart

Statement Savings
• Interest paid quarterly based on daily balance
• Quarterly statements
• No monthly maintenance fee
• No minimum balance required
• $2.00 fee for each withdrawal over 6 per month
• Shazam Check Card with related checking account
• Dormant fee on balances less than $250 after one year. The fee may be waived if the customer is under the age of 18

Money Market Savings
• Interest paid monthly based on daily balance
• Higher balances earn higher rates
• Monthly statements
• Check safekeeping
• Minimum daily balance of $2500 required to earn interest
• No monthly maintenance fee
• $2.00 fee for each withdrawal over 6 per month
• Shazam Check Card available with related checking account
• Maximum of 6 checks per month

Certificates of Deposit
Security Savings Bank offers FDIC insured high yielding certificates with a variety of maturities. If you would like more rate information, please contact a staff member at any branch. There are substantial penalties for early withdrawal. Click Here For Current Rates

Individual Retirement Accounts
Security Savings Bank has a full service Trust department with legal counsel on staff. Please contact the Trust department for additional information

Other Services

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Safe Deposit Boxes

• Protect your documents and valuables
• Variety of sizes to meet your needs
• Yearly fee of $12 - $40 depending on size of box and bank location
• Money Orders and Cashiers Checks

ATM Card
• 24 hour banking convenience
• Withdrawals, Deposits, Transfers, & balance inquiries (Some of these services may not be available at all terminals) 

SHAZAM Check Card
• Pay for purchases without checks
• Also acts as an ATM card
• Accepted everywhere Master Card debit card is accepted
• Money comes directly out of your checking account
• NO CHARGE for withdrawals made at SSB ATM
• Privileged status membership gives you surcharge free access to more than 3000 ATM's nationwide
• Withdrawals, Deposits, Transfers, & Balance inquiries (Some of these services may not be available at all terminals)

Voice Access
• 24-hour banking convenience. Call toll free 1-800-772-9204 or locally call 477-2651.
• Checking and Savings account information.
• Transfer funds from one account to another.
• CD Information
• Loan and loan payment information.
• your statement history sent to your fax machine.
• Talk to customer service during normal bank hours.
• Available at no charge.

Money Orders and Cashiers Checks
Wire Transfers
Notary Service
ACH Originations
Fax & Photocopies
FDIC Insurance
Bill Pay


*Iowa Sales Tax may be charged on fees assessed on checking and savings accounts. (back to top)

Important Information

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About Account Opening Procedures
To help the government fight the funding of terrorism and money laundering activities, The USA Patriot Act was signed into law in 2001 and requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: 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 also ask to see your driver's license or other identifying documents.