Savings

Savings

Security State Bank of Kenyon takes pride in offering a range of savings options, competitive rates and knowledgeable staff to help you choose the savings plan or plans that will fit your needs.

Take advantage of our “Systematic Savings” plan and automatically deposit a specific amount from one account to your savings account or IRA! Save for retirement! Save for college! Save for that dream vacation! It’s easy! Contact us to make the arrangements!

New Applicant PDF
Monthly Savings Calculator

Regular Savings Account

  • Minimum balance of $100 to open

  • Interest compounded and paid quarterly

  • Quarterly statements

  • If the balance falls below $100 during the statement period, a $3 per month service charge will be assessed

  • Some types of withdrawals are limited

Security Youth Savings Account

  • No fees or minimum balance for youth under 19. After your 19th birthday, the account is switched to a regular savings account.

Easy Money Market

  • Tiers available:

    • Up to $9,999
    • $10,000 – 24,999.99
    • $25,000 – 49,999.99
    • $50,000 – 99,999.99
    • $100,000 and up
  • Minimum $10,000 balance to open; a service charge of $12.50 per month for falling below the average daily balance of $10,000.

  • Monthly statements

  • Interest compounded and paid monthly

  • Personalized Money Market Checks

  • Some types of withdrawals are limited

  • FREE 24-HR TeleBanc

Christmas Club

  • $5 minimum balance to open

  • Interest compounded annually

  • Annual Statement

Business Savings

Your business is important to us. Let Security State Bank of Kenyon work with you to put all of the pieces together.

  • $100 minimum balance to open.
    If the balance falls below $100 during the statement period, a $3 per month service charge will be assessed.

  • Interest compounded quarterly.

Lost/Stolen Debit/ATM Card

In the event that you should find that your debit card has been lost or stolen, please contact Security State Bank of Kenyon immediately at 507-789-6123 during normal business hours or call 1-800-472-3272 after hours.