Money Market Accounts
In addition to our personal checking accounts, Security First Bank offers money market accounts for those who wish to enjoy the benefits of earning a higher interest rate when saving money, while having the flexibility to access their funds.
A money market account (MMA) is similar to a savings account but with a higher interest rate contingent on your account’s balance. The more you save the more you make in interest. Interest is earned on a monthly basis. Money market accounts tend to be flexible since this type of account is not set up for a specific length of time. Account owners are not locked into a money market account and can easily close or change accounts without paying a penalty.
Money market accounts offer great potential earnings for future savings. Open your account at a Security First Bank branch near you!