Featured Savings Rates
Featured Accounts

Security Federal Savings Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.37%5-year CD60 Month CD
0.14%1-year CD12 Month CD
0.10%SavingsYour Way Savings

Overview / Commentary
574-722-6261
314 Fourth St
Logansport, IN 46947

Security Federal Savings Bank is headquartered in Logansport and is the 55th largest bank in the state of Indiana. It is also the 2,670th largest bank in the nation. It was established in 1934 and as of September of 2016, it had grown to 66 employees at 5 locations. Security Federal Savings Bank has an A health rating.

Reviews (1)

Provides Great Service with a personal Touch

Posted by: shua | Feb 5, 2016

I have had an account at this bank since before I can remember. My parents and grandparents both deposited money into it as I was growing up, and I have had an account all my life (22 now). Though I have never received much in interest (I think I get .13% in my savings account) my account has always been free. As a minor I received free checking and saving, and now I receive free checking and saving as a student. All I have to do is provide proof of my enrollment (a simple class schedule suffices). In terms of service, I have never had any problems cashing checks, receiving new checks, or suffered any penalties from overdrawing my account. I only overdrew once and I simply went to the bank and they actually removed the charge. After that I got my checking account tied to my savings account and now overdraft fees won't happen unless I run through all the money in both accounts. Finally, I have always enjoyed the employees of the bank. While none of them know me on sight (I'm not there often) they have always been kind and helpful. I haven't personally tried the online banking but the rest of my family has used it with no problem. I would definitely recommend the bank to anyone in the area!



Health
A

Health Grade Components

Overall
FDIC Certificate #28894
Year Established1934
Employees66
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.46%
Return on Equity - YTD3.76%
Annual Interest Income$6.8MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$234.6MM$214.8MM
LoansQ3 2016vs Q3 2015$154.8MM$153.8MM
DepositsQ3 2016vs Q3 2015$185.5MM$167.3MM
Equity CapitalQ3 2016vs Q3 2015$28.8MM$27.2MM
Loan Loss AllowanceQ3 2016vs Q3 2015$2.2MM$2.0MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$2.3MM$3.0MM
Real Estate OwnedQ3 2016vs Q3 2015$477.00K$107.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Security Federal Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$2,500*-Health Savings Account
OTHER TIERS: 0.03% Up to $2,500
0.10%*$50k*-Your Way Savings
OTHER TIERS: 0.03% Up to $25k | 0.05% $25k - $50k
0.03%--Youth Savings
0.03%--Christmas Club Account

Security Federal Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.36%*$1m*-Premier Money Market
OTHER TIERS: 0.16% Up to $250k | 0.26% $250k - $500k | 0.31% $500k - $1mm

Security Federal Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$25k*-Your Way Checking
OTHER TIERS: 0.02% Up to $25k

Security Federal Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.37%$1k-60 Month CD
1.36%$1k-35 Month CD Special
1.01%$1k-15 Month CD Special
0.76%$1k-48 Month CD
0.61%--7 Month CD Special
0.41%$1k-36 Month CD
0.36%$1k-30 Month CD
0.31%$1k-24 Month CD
0.21%$1k-18 Month CD
0.14%$1k-12 Month CD
0.09%$1k-6 Month CD
0.05%$1k-3 Month CD

Security Federal Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.76%$500-4 Year Fixed Rate IRA
0.21%$100-18 Month Variable Rate IRA
Locations


Security Federal Savings Bank Locations
Washington Street Branch1260 South Washington StreetDelphi, IN 46923
Mall Road Branch300 Mall RoadLogansport, IN 46947
Security Federal Savings Bank314 Fourth StLogansport, IN 46947
Markland Avenue Branch519 East Markland AvenueKokomo, IN 46901
Lafayette Office Branch3920 Mccarty LaneLafayette, IN 47905