| |
| Deposit Products |
 |
Checking Options
Security Free Checking
- No minimum monthly balance required
- No monthly service charge
- No limit on the number of checks you can write
- No charge for receiving an Instant Cash Card
- Monthly Statements
Security Club Checking
- No minimum monthly balance required
- No limit on number of checks you can write
- Monthly service charge of $5.00, or $7.00 depending upon AD&D insurance choice
- Monthly statements
* Insurance is:
- Not a Deposit
- Not FDIC Insured
- Not Insured by any Federal Government Agency
- Not guaranteed by the bank
Security Checking
- $3 monthly service charge if average daily balance falls below $300.00
- Monthly statements
- Service Charge waived for customers age 55 and older
Security Interest Checking
- Interest is earned on a tiered basis. The greater the account balances the higher the interest rate and corresponding annual percentage yield. Rates will be disclosed at account opening and may change daily.
-
Interest is calculated by the daily balance method
- If your balance falls below $500.00 on any day in the month, your account will be subject to a $10.00 service charge for that month.
Savings Options
Security Savings
- Rates will be disclosed at account opening and may change daily.
- Interest calculated by the daily balance method
- Interest compounded daily and credited quarterly
- If your balance falls below $50.00 on any day in the month, your account will be subject to a $3.00 service charge for that month.
- Quarterly statement unless there are electronic fund transfers, in which case a statement will be provided monthly
- Limitation on frequency of transfers of six per calendar month or statement cycle.
Security Money Market Account
- Interest is earned on a tiered basis. The greater the account balances the higher the interest rate and corresponding annual percentage yield. Rates will be disclosed at account opening and may change daily.
- Interest calculated by the daily balance method
- If your balance falls below $2,500.00 on any day in the month, your account will be subject to a $10.00 service charge for that month.
- Limitation on frequency of transfers of six per calendar month or statement cycle.
Other Deposit Product Options Certificate of Deposit
- Looking for Safety, Security, and Liquidity? Certificates of Deposit at First Security Bank are your answer. We offer a wide variety of Certificates with varying interest rates and maturities. Three or six month interest penalty for early withdrawal. No withdrawals of principal from certificates are allowed until the maturity without penalty.
Health Savings Accounts
Health Savings Accounts (HSAs) are tax-favored consumer savings arrangements for individuals and families covered by high deductible health insurance plans. See your insurance agent for insurance plan details. Stop in to First Security Bank to establish your custodial account.
Back to Top
| |
Loan Products |
|
Installment and Consumer Loans
Qualified applicants can receive professional assistance with financing of cars, vacations, recreational equipment, remodeling projects, and other requests.
Business / Commercial Loans
Our bank's lending officers are ready to assist you in a variety of ways. Get some sound advice regarding available borrowing options if you are considering starting a business, expanding an existing one or considering any other financial need that confronts today's business person.
Real Estate Loans
Our bank offers the following types of Real Estate loans.
- Fixed rate mortgages - very competitive rates!
- In house mortgages
- Home Equity Lines of Credit
- Home Improvement Loans
- Second Mortgages
Contact Marie or Matt to assist you with the application and the entire loan process at 507-794-3911 or stop in to First Security Bank today!
Agricultural Loans
Our experienced agricultural loan officers can help you with all the financial needs that arise in today's farming operations. They include operating, machinery, livestock, and improvement loans.
Back to Top
| |
| Other Products |
|
Instant Cash Card
You can do your banking 24 hours a day, 7 days a week at our ATM (Automatic Teller Machine). This service is also available coast to coast wherever you see the Instant Cash or CIRRUS symbol, which means that your First Security Bank ATM card can be used for cash withdrawals at over 10,000 locations worldwide. This feature is ideally suited for business or pleasure travels when it is often very difficult to cash an out of town check. First Security Bank has one ATM which is located at Schutz Family Foods at 900 East Main in Sleepy Eye. Services provided by this ATM include Cash Withdrawals, Balance Inquiries, and Transfers between accounts. Our ATM is affiliated with the regional "Instant Cash" and the national "CIRRUS" networks.
Instant Cash & Check Card
It's an Instant Cash card that doubles as an "electronic" checkbook. Instant Cash & Check gives you all the convenience of ATM access and all the buying power of a checkbook, in one versatile card. It's the one card you'll want to carry everywhere! Here's how it works:
- Use it as your cash card at Instant Cash, CIRRUS and VISA ATMs.
- Use it instead of your checkbook to make purchases wherever VISA is accepted worldwide.
- It's cash, not credit! Funds from purchases are drawn from your checking account as if you had written a paper check.
- No more hassles with running out of checks, forgetting your checkbook, or needing multiple forms of ID.
- Each month you get a detailed record of all Instant Cash & Check transactions on your account statement
- All this for a small monthly fee of $1.00.
A 1% foreign transaction fee will be added to the VISA exchange rate for international transactions.
Automatic Deposits and Withdrawals
You can use the time saving benefit of automatic deposits and withdrawals and, at your request; your loan payments may be automatically made! ELAN Credit Cards
First Security Bank offers a variety of MasterCard and Visa credit cards through ELAN, ranging from Young Adult and College Cards to No Annual Fee, Platinum and Platinum Travel Cards.
We also offer:
Safe Deposit Boxes
Night Depository
Notary Service
Wire Transfers
Travelers Cheques
Bank Money Orders
Series EE Bonds
MasterCard & Visa Cash Advances
Account Reconciling
Back to Top
| |
| 24 Hour First Line |
|
First Security Bank is VERY pleased to announce our "24 Hour First Line" telephone banking service, at no cost to our customers.
- Confidential, Easy, Convenient
- Balance Inquiries for Checking, Savings, CD's and Loans
- Transfers between Checking & Savings Accounts
- Loan Payments
"24 Hour First Line" allows our customers to conveniently and confidentially access their account
information 24 hours a day, seven days a week (including holidays) at no cost to them from any touch-tone phone. The "24 Hour First Line" is very easy to use. Our customers can use the information line immediately. There is no need to apply or sign up. You just need to call Toll Free @ 1-866-794-3911. Please have your Account Number ready.
The first time you call, your PIN# will be assigned to you. To safeguard the security of your accounts you will be instructed to select a NEW Four-Digit PIN#. This PIN# is confidential and known only to the customer.
Maintenance of Accurate Information
Keeping your account information accurate and up to date is very important. If you ever find that your account information is incomplete, inaccurate or not current, please call or write us at the address listed below.
|
