Business Savings Accounts

Business Savings Accounts

We offer several options to help you meet your savings goals. Open an account with us and see the difference in quality and customer service from your local community bank!

All Savings Accounts have access to Online Banking, Mobile Banking & Electronic Statements. Opening an account is easy, just stop on by at 1st Security Bank at 401 Main St in Roundup and we will assist you in opening your account.

REGULAR SAVINGS ACCOUNT

Rate Information-Your interest rate and annual percentage yield may change.
Frequency of rate changes-We may change the interest rate on your account at any time.
Determination of rate-At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency-Interest will be compounded every quarter.  Interest will be credited to your account every quarter.
Minimum balance to open the account-You deposit $50.00 to open this account.
Minimum balance to avoid imposition of fees-A maintenance fee of $2.50 will be imposed every quarter if the balance in the account falls below $50.00 on the last day of the quarter.
Daily balance computation method-We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits-Interest begins to accrue on the first business day after the banking day you deposit noncash items (for example, checks).
Transaction limitations:
Transfers from a Regular Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month with no transfers by check, draft, debit card or similar order to third parties.  You will get a semiannual statement from us for your savings accounts until you first access your account by electronic fund transfer; thereafter, you will receive a monthly statement.

MONEY MARKET ACCOUNT

Rate Information-Your interest rate and annual percentage yield may change.
Frequency of rate changes-We may change the interest rate on your account at any time.
Determination of rate-At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency-Interest will be compounded every month.  Interest will be credited to your account every month.
Minimum balance to avoid imposition of fees- A service charge fee of $6.00 will be imposed each monthly statement cycle if the balance in the account falls below $1,000.00 any day of the monthly statement cycle.
Daily balance computation method-We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits-Interest begins to accrue on the first business day after the banking day you deposit noncash items (for example, checks).
Transaction limitations:
Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month by check, draft, debit card, or similar order to third parties.
Fees:  A per excess item fee of $6.00 will be charged if you exceed the above limitations.

CERTIFICATES OF DEPOSIT (CD)

Looking for another way to save? Investing in Certificates of Deposit (CD) is an excellent way to maximize your return and set specific savings goals. 1st Security Bank offers various terms for CDs and pays a fixed interest rate based on the current market. Call us at (406) 323-1100 for rates.