Savings Accounts
Saving money for the future is an important part of responsible money management. Whether you are focused on building your rainy-day fund, a loved one’s higher education, or your own retirement - your savings goals are important to us, too. Security First Bank has savings account options to meet your financial needs.
First Priority Savings
The First Priority Savings account is a traditional savings account option for customers who would ensure a minimum savings of $100 in the deposit.
Getting Started
- $100 minimum deposit to open
- $100 minimum balance to avoid maintenance fee*
Standard Features
- Access to Online/Mobile banking
- Account for individuals over the age of 18
Additional Fees / Info
*$2 monthly maintenance fee is waived if a $100 minimum balance is maintained every day of the statement cycle.
A $1 withdrawal fee is charged for each transaction in excess of two per month.
Transfers from this account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per month.
First Future Savings
The First Future Savings account is an account designed for individuals 18 years or younger.
Getting Started
- No minimum deposit to open
- No fees associated with this account
Standard Features
- Access to Online/Mobile banking
- Account for individuals ages 18 and younger
Additional Fees / Info
Must be 18 years of age or younger. An adult co-owner on this account is not required. A Dorman account fee of $5.00 per month will be charged when there has been no in-person or other non-electronic activity for 24 consecutive months AND the account balance is less than $100. You may avoid this fee by making at least one in-person or other non-electronic deposit every two years.
During any calendar month or statement cycle of at least 4 weeks, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of instruction, preauthorization, automatic or telephone transfer. If you exceed the transfer limitations in any statement period, your account will be subject to closure or conversion to a non-interest bearing account by the financial institution.
When the primary account holder turns the age of 19 this account will automatically be changed to a First Priority Savings and the fees associated with this First Priority Savings account will apply.
Savings Calculator
See how much you can save with our handy savings calculator. Adjust the settings below to see how your contributions can add up.
Please note the results provided by this savings calculator are for illustrative purposes only and are not guaranteed. Actual savings may vary. Please consult with one of our banking representatives for personalized advice.
