Security Bank’s (OK) Competitive Rewards Checking For Large Balances


Availability: Security Bonus Checking, 1.76% APY on qualifying balances up to $50k, two account allowed per household.

Availability: Oklahoma

Oklahoma-based Security Bank offers its rewards checking account (RCA), Security Bonus Checking, on a statewide basis through online application. The RCA has a long history. My first review of the account was in 2013. The RCA currently earns 1.76% APY on qualifying balances up to $50k. Qualifying balances greater than $50k earn 0.30%, with non-qualifying balances earning 0.10% APY.

3.71*%-$50kSecurity Bank (OK)Security Bonus Checking
OTHER TIERS: 0.30% $50k+
Rates as of May 22, 2024.

The qualifying requirements include:

  • At least one direct deposit, ACH credit or debit transaction
  • At least ten debit card purchases (minimum $3)
  • Receive and review e-Statements

The Security Bonus Checking account has no monthly maintenance fee or minimum balance requirement. The minimum opening deposit is $100 and two accounts are allowed per household. Unlimited nationwide ATM fees will be reimbursed up to $25 per month, if qualifying requirements are met.


Headquartered in Tulsa, Oklahoma, Security Bank offers its Security Bonus Checking to all to US citizens and alien residents who live in Oklahoma and who have a valid Social Security number. Note, in the past, Security Bank had accepted applications nationwide, but this has changed, and now Security Bank is only accepting applications for the Security Bonus Checking from Oklahoma residents.

Opening a Security Bonus Checking account can be done online, or at the sole Oklahoma branch located on East 51st Street in Tulsa. While the lobby of the Tulsa branch was re-opened to walk-in traffic in late July,

In compliance with the City of Tulsa ordinance, face masks are required inside the Bank.

More information can be found on the Bank’s COVID-19 Pandemic Update page.

Bank Overview

Security Bank has an overall health grade of "A" at, with a Texas Ratio of 6.91% (excellent), based on March 31, 2020 data. In the past year, Security Bank has increased its total non-brokered deposits by $58.92 million, an excellent annual growth rate of 13.16%. Please refer to our financial overview of Security Bank (FDIC Certificate # 4178) for more details.

Established in 1902 as The Pawnee National Bank, Security Bank is currently the 28th largest bank in Oklahoma, with assets in excess of $609 million. As a “good corporate citizen,” Security Bank is a partner in Tulsa’s Future III.

Tulsa’s Future is an ongoing public-private regional economic development plan led by the Tulsa Regional Chamber.

Now in its third phase (2016-2020), the plan is designed to leverage diverse strategies to enhance the Tulsa region’s standing as a place for business, residents, visitors and students of all ages. High-value growth in existing and new businesses, thriving public and private educational institutions, and flourishing communities and downtowns will make Tulsa and northeast Oklahoma a national model for quality and sustainable regional development.

How Security Bonus Checking Compares

When compared to the High Yield Reward Checking Accounts tracked by that are available in Oklahoma and have maximum qualifying balances of at least $50k, Security Bank’s Security Bonus Checking APY currently ranks second.

The above rates are accurate as of 8/24/2020.

To look for the best Reward Checking Account rates, both nationwide and state specific, please refer to our High Yield Reward Checking Account Rates Table page.

Related Pages: Tulsa checking accounts, reward checking accounts, nationwide deals

Previous Comments
  |     |   Comment #1
An extra A snuck into the state name (near the front) under Availability: in the heading section.
  |     |   Comment #3
Effective November 1, 2022, the Bonus Rate for eligible balances of $50,000 and below on your account is increasing to 3.00% with an APY of 3.04%.

To receive the Bonus Rate, the following requirements must be met each Monthly Qualification Cycle:

Sign up for Online Banking and elect to receive Electronic Statements
Have at least 1 direct deposit, ACH credit or ACH debit post and settle to your account
Have at least 10 Debit Card transactions of $3.00 or more post and settle to your account
Security Bank (OK) Adds Nationally Available 18-Month CD, 3.02% APY
Availability: 18-month Spring CD Special, 3.02% APY, $2k minimum deposit

Availability: Nationwide

Oklahoma-based Security Bank is offering an 18-month Spring CD Special, earning 3.02% APY. This limited-time special can be opened with a $2k minimum deposit and there is no stated balance cap. While no end-date for the Spring CD Special is mentioned, CSR suggested it probably won’t last much longer than the end of spring.

While Security Bank’s website is light on documentation, CSR was easily able to provide the following facts:

  • The Early...
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High Interest Reward Checking Account at Security Bank

Update 5/5/15: The bank is now limiting the account to Oklahoma residents.

This week I’ve been looking for banks with competitive reward checking accounts that are allowing people from any state to apply. Most banks either require a branch visit to open an account or limit new customers to their market area. I was able to find one new bank that is currently allowing people from any state to apply online. It’s Security Bank, and it has a competitive reward checking account that it calls Security Bonus Checking. Below is a...

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