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Security State Bank, Sutherland, Iowa Home


Security Money Market Investment Account (SMMIA)
An account that earns competitively higher rates as your savings grows.

  • Interest is applied in tiers; the higher your balance, the higher the interest
  • $2,500.00 minimum balance required to open this account
  • Interest is compounded and credited to your account monthly
  • You may make no more than 5 withdrawals per month. 
  • The minimum amount per withdrawal is $500.00
  • Free online banking
  • Check Imaging
  • Monthly statements

Statement Savings Account
Whatever you’re saving for, it’s never too late to start a savings account for future plans.

  • You must deposit $10.00 to open this account.
  • $10.00 average daily balance is required to obtain the disclosed annual percentage yield
  • Interest is compounded and credited to your account quarterly
  • A minimum balance fee of $3.00 will be imposed every statement cycle if the average daily balance for the statement cycle falls below $100.00. No minimum balance or fees until age 18
  • Allowed 15 free withdrawals per quarter; an excessive withdrawal fee of $1.00 will be charged for each debit transaction in excess of fifteen during a quarter.
  • Free online banking
  • Fees may reduce earnings

Christmas Club Savings Account
Open a Christmas Club savings account and start saving for next Christmas.  Each year in November, a check will be issued.  Deposits can be automatically debited from your checking or savings account on a weekly or monthly basis.  Ask any employee for more information.

  • You may not make withdrawals from your account until the club maturity date.
  • If you close your account before interest is credited, you will not receive the accrued interest.
  • Interest will not be compounded.  Interest will be credited to your account at club maturity.
  • Fees may reduce earnings
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