Security State Bank of Fergus Falls

Personal Savings Accounts

Security State Bank offers a variety of savings options designed to meet your short and long-term goals. Our competitive interest rates allow you to earn interest on all of our savings plans. Call us at (218) 736-5485 and ask for current rates.

Thrift Savings * Security Savings * MMDA Savings *
Minimum Balance to Open $50.00 $100.00 $1,000.00
Minimum Balance to Avoid Fees $50.00 $100.00 $1,000.00
Monthly Maintenance Fee $1.00 if balance under the minimum $1.00 if balance under the minimum $5.00 if balance under the minimum
Withdrawals $1.00 per debit in excess of 1 per month $1.00 per debit in excess of 2 per month $5.00 per debit in excess of 6 per month
Minimum Balance to Earn Interest $100
average daily
$100
average daily
$1,000
average daily
Interest Available Yes Yes Yes
Check Writing No No No
Other Monthly Maintenance Fee is waived if customer is 18 years or younger Monthly Maintenance Fee is waived if customer is 18 years or younger

* Fees could reduce earnings on this account.

Retirement Savings * 6, 12, 24, 36
Month CD's
Health Savings Account *
Minimum Balance to Open $100.00 $900.00 $100.00
Maintenance Fee N/A N/A $20.00 / annually
Deposits Yes Yes, only during grace period Yes
Withdrawals $1.00 per debit in excess of 2 per month Yes, penalty may apply on an early withdrawal $5.00 per debit in excess of 1 per month
Minimum Balance to Earn Interest $100
average daily
No $100
average daily
Interest Available Yes Yes Yes
Other Also available as IRA's

Longer CD terms may be available.

* Fees could reduce earnings on this account.