Security Federal Bank


Overview / Commentary
803-641-3000
238 Richland Avenue, Nw
Aiken, SC 29801

Security Federal Bank is headquartered in AIKEN and is the 8th largest bank in the state of South Carolina. It is also the 739th largest bank in the nation. It was established in 1922 and as of June of 2024, it had grown to 255 employees at 19 locations. Security Federal Bank's money market rates are 8X the national average, and it has an A health rating.

Reviews (1)

Wagener SC, Our Hometown Bank

Security Federal Savings Bank has been our business and personal bank for over 30 years, Wagener Branch has the best Manager who is courteous, professional, and goes the extra mile to get our banking business done promptly. Scott and his staff are friendly and care about their customers.
This is what makes Wagener a great hometown bank.



Health

Health Grade Components

Overall
FDIC Certificate #31100
Year Established1922
Employees255
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.48%
Return on Equity - YTD6%
Annual Interest Income$36.2MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$1.48B$1.41B
LoansQ2 2024vs Q2 2023$655.2MM$589.7MM
DepositsQ2 2024vs Q2 2023$1.26B$1.21B
Equity CapitalQ2 2024vs Q2 2023$121.1MM$105.5MM
Loan Loss AllowanceQ2 2024vs Q2 2023$13MM$12.3MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$7.1MM$6.6MM
Real Estate OwnedQ2 2024vs Q2 2023$938K$1.2MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Security Federal Bank; 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 Federal Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%*$25k*-Health Savings Account
OTHER TIERS: 0.05% $0+ | 0.35% $2.5k - $10k | 0.45% $10k - $25k
0.50%$100-Regular Savings
0.40%$0-Young Savers
0.35%$5-Christmas Club
0.35%$0-Looney Tunes

Security Federal Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%*$100k*-Money Market
OTHER TIERS: 0.50% $0 - $10k | 1.50% $10k - $50k | 2.50% $50k - $100k

Security Federal Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$0$10kHigh Yield Checking
OTHER TIERS: 0.25% $10k+
1.25%*$0$10kPremium Checking
OTHER TIERS: 0.25% $10k+

Security Federal Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$500-6 Months CD
5.00%$500-9 Months CD
5.00%$500-11 Month CD Special
5.00%$500-9 Month CD Special
5.00%$500-6 Month CD Special
5.00%$500-12 Month CD Special
4.00%$500-11 Months CD
4.00%$500-12 Months CD
4.00%$500-15 Months CD
4.00%$500-18 Months CD
2.50%$500-60 Months CD
2.10%$500-48 Months CD
2.05%$500-36 Months CD
2.00%$500-3 Months CD
2.00%$500-24 Months CD
2.00%$500-30 Months CD

Security Federal Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$500-6 Months Fixed Rate IRA
5.00%$500-9 Months Fixed Rate IRA
4.00%$500-11 Months Fixed Rate IRA
4.00%$500-12 Months Fixed Rate IRA
4.00%$500-15 Months Fixed Rate IRA
4.00%$500-18 Months Fixed Rate IRA
2.50%$500-60 Months Fixed Rate IRA
2.10%$500-48 Months Fixed Rate IRA
2.05%$500-36 Months Fixed Rate IRA
2.00%$500-3 Months Fixed Rate IRA
2.00%$500-24 Months Fixed Rate IRA
2.00%$500-30 Months Fixed Rate IRA
Locations

Availability



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