Business Banking: Security Bank Commercial Accounts Features
Business Banking Resources
Security Bank provides several types of business banking account types to accommodate your organization’s specific interests and needs, including checking accounts, savings accounts, CD’s, business loans, and automated account transactions. The following resources will aid you in comparing the account features, determining interest rates, and establishing new accounts with Security Bank:
Click here to download the New Business Account Application
Click here to view the Account Switch-Kit
Click here to view Deposit Rates
Business Accounts Features Chart
| Business Products |
Spur Checking |
Gold Spur Checking for Non-Profits |
Gold Spur Business Savings |
Gold Spur Money Market |
| Minimum Deposit to Open |
$100 |
$100 |
$100 |
$2,500 |
| Minimum Balance Required to Avoid Fee |
$700 Minimum Daily Balance |
None |
$25 Minimum Daily Balance |
$2,500 Minimum Daily Balance |
| Service Charge |
Daily Balance
<$700=$4.00
<$600=$5.00
<$500=$6.00
<$400=$7.00
<$300=$8.00
<$200=$9.00
|
None |
$5.00 per quarter if balance falls below $25 any day in quarter |
$7.50 per month if balance falls below $2,500 any day in month |
| Interest |
None |
Compounded and credited monthly on daily balance |
Compounded and credited quarterly on daily balance |
Compounded and credited monthly on daily balance. Minimum balance of $10,000 to obtain interest |
| Debit Card |
Upon Approval |
Upon Approval |
Upon Approval |
Upon Approval |
| Number of Transactions |
Unlimited |
Unlimited |
Limited to 3 withdrawals per quarter; additional withdrawals $2.00 each |
Limited to 6 withdrawals per month; additional withdrawals $5.00 each |
| Check Image Statements |
Yes |
Yes |
No |
Yes |
Online/Mobile Banking
& Bill Pay |
Yes |
Yes |
Yes |
Yes |
