Security Bank (OK)
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.25% | Reward Checking | Security Bonus Checking 1.96% - National Average |
| 2.50% | 5-year CD | 60 Month CD 3.00% - Barclays 60 Month Online CD |
| 1.85% | 1-year CD | 12 Month CD 2.30% - Ally Bank High Yield 12-Month CD |
Security Bank (OK) is headquartered in Tulsa and is the 29th largest bank in the state of Oklahoma. It is also the 1,305th largest bank in the nation. It was established in 1902 and as of March of 2018, it had grown to 50 employees at 1 location. Security Bank (OK)'s money market rates are 3X the national average, and it has an A health rating.
Related Posts
Reward Checking
Just got a letter in the mail. Security Bank (OK) is increasing the rate and eligible balance for its reward checking account. Effective May 25, 2018:
Rates:
2.23% (2.25% APY) for balances up to $50,000
0.30% on balances over $50,000
0.10% when requirements are not met
Qualifications:
1 direct deposit or ACH transaction
10 debit card purchases of $3 or more
be enrolled and review e-statements
Other:
Two account limit per household
Inconveniences Increasing For Bonus (Reward) Checking
This has been a good bank with which to deal. Online banking is fine, and the people are friendly. ACH transfers are more limited than i'd like them to be, but I have done banking with them now for several years, even when they lowered their maximum deposit amounts for their reward checking program. Now they have greatly INcreased their maximum deposit amount to the point where it was going to have been worth the wait: $50,000. But just when it looked good, they added this: purchases only count toward your monthly eligibility for the high-interest rate if those purchases are OVER $3 each. I don't know about the rest of you, but this is now a lot of work keeping track of how many purchases you have made each month over $3. If you are in Tulsa, and Security is your primary bank, and you use your debit card for most things and are not needing to keep track of purchases, then by all means sign up for Bonus Checking. But if you are a national customer with multiple accounts around the country, this reward program is now unwieldy and customer unfriendly -- moreso than the average reward checking account. They have politely said that they consider themselves competitive -- but this is NOT true in my experience. Disappointing for someone who has been with them for several years.
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4178 |
| Year Established | 1902 |
| Employees | 50 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.9% |
| Return on Equity - YTD | 16.02% |
| Annual Interest Income | $6.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $547.9MM$536.4MM |
| Loans | Q1 2018vs Q1 2017 | $457.3MM$439.2MM |
| Deposits | Q1 2018vs Q1 2017 | $468.1MM$456.6MM |
| Equity Capital | Q1 2018vs Q1 2017 | $63.9MM$64.3MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $10.5MM$10.9MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $1.8MM$2.1MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $157.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not Security Bank (OK); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Security Bank (OK) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.40% | - | - | Security Savings |
Security Bank (OK) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.50%* | $500k* | - | Money Market Account | ||
| OTHER TIERS: 0.10% → Up to $25k | 0.60% → $25k - $100k | 0.85% → $100k - $250k | 1.15% → $250k - $500k | |||||
Security Bank (OK) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.25%* | - | $50k | Security Bonus Checking | ||
| OTHER TIERS: 0.30% → $50k+ | |||||
| 1.00% | - | - | Security Senior Checking | ||
| 0.75%* | $50k* | - | Security NOW Checking | ||
| OTHER TIERS: 0.10% → Up to $5k | 0.25% → $5k - $25k | 0.50% → $25k - $50k | |||||
Security Bank (OK) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.87% | $10k | - | 5 Year Step-Up CD | |
| 2.62% | $10k | - | 3 Year Step-Up CD | |
| 2.50% | $2k | - | 60 Month CD | |
| 2.20% | $2k | - | 48 Month CD | |
| 2.00% | $2k | - | 24 Month CD | |
| 2.00% | $2k | - | 36 Month CD | |
| 1.85% | $2k | - | 12 Month CD | |
| 1.85% | $2k | - | 18 Month CD | |
| 1.50% | $2k | - | 182 Day CD | |
| 0.50% | $2k | - | 30 Day CD | |
| 0.50% | $2k | - | 90 Day CD |
Security Bank (OK) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.50% | $2k | - | 60 Month IRA | |
| 2.20% | $2k | - | 48 Month IRA | |
| 2.00% | $2k | - | 24 Month IRA | |
| 2.00% | $2k | - | 36 Month IRA | |
| 1.85% | $2k | - | 12 Month IRA | |
| 1.85% | $2k | - | 18 Month IRA | |
| 1.50% | $2k | - | 182 Day IRA |
| Security Bank (OK) Locations | ||
|---|---|---|
| Security Bank | 10727 East 51st Street South | Tulsa, OK 74146 |