Security Bank Savings Account

Posted on 07-03-2021 by admin

Regular Savings. $100.00 minimum balance; No service charge unless average balance falls below minimum, then $3.00 per month; Interest bearing if minimum balance maintained, with interest rate subject to change, interest is compounded monthly. An Easy Savings Account is Security Bank’s basic and simplest account designed for everyone’s use: A debit and an ATM MasterCard in one, it’s your everyday partner in everything that you do: shopping, dining, paying bills, and more. Regular Savings Account An basic interest earning savings account. Money Market A money market account with unlimited in house withdrawals and deposits. Christmas Club A savings account to help you save for the holiday season. TNUTMA Minor Savings Account A custodial savings account for minors under the age of 21. First Security Bank has numerous bank locations throughout Arkansas. Online banking, mobile banking, personal checking, business checking, loans and investments. Free checking, interest checking, credit card, mortgage, cash management, home equity loan, business loan, kids savings, minor savings.

We offer several savings accounts to fit your lifestyle.

Regular Savings Account
An basic interest earning savings account.
Money Market
A money market account with unlimited in house withdrawals and deposits.
Christmas Club
A savings account to help you save for the holiday season.
TNUTMA Minor Savings Account
A custodial savings account for minors under the age of 21.

Monthly service charge of $10.00 and bank will not pay interest if daily balance of $2,500 is not maintained

Free personalized checks
ATM/VISA Check Card
Unlimited in house withdrawals and deposits
Free Online Banking
Free Bill Pay
No more than six transfers or withdrawals per calendar month or statement cycle of at least 4 weeks to another account or third party
Interest accrues on balances of $2,500 or more
$2,500 minimum initial deposit required
You must maintain a minimum daily balance of $2,500 to obtain the annual percentage yield disclosed

There will be a $25 service charge on accounts closed within the first 90 days of date opened.

A monthly service charge of $8.00 if daily balance of $100 is not maintained

Interest accrues daily on all balances.
$100 minimum initial deposit required.

Unlimited deposits.
No monthly service charge.
Last day to make a deposit is the last Friday in October.
$5.00 minimum initial deposit required.

[Last updated 19 May 2020] Security Bank (Philippines, PSE: SECB) is one of the country’s leading and most trusted universal banks serving retail, commercial, corporate, and institutional clients. Through the decades of dedicated banking operations since 1951, it has proven its financial management expertise, stability, consistent profitability, and continuous growth.

With a renewed brand promise ‘You deserve better,’ Security Bank commits itself to providing client-centered solutions to the banking needs of Filipinos along with its wide range of financial services – financing and leasing, foreign exchange and stock brokerage, investment banking, and asset management.

In the recent years of stiff competition, Security Bank has established a nationwide presence in the Philippine archipelago through aggressive expansion efforts – growing number of servicing branches and strategic ATM locations (source: Security Bank official website).

Security Bank Deposit Products (Savings)

[1] All-Access Checking Account (Initial Deposit: PHP 5,000.00) is a savings and checking account in a package that can be a perfect choice for depositors who manage a highly active personal cash flow. It comes with a passbook, a checkbook, and a debit (ATM) MasterCard and allows an easy access to funds for daily personal and business transactions.

[2] Easy Savings Account (Initial Deposit: PHP 5,000.00) is a basic and the simplest savings account offered by Security Bank that can be ideal for beginners. It comes with a debit MasterCard that can be used for shopping, dining, and paying bills online and offline.

[3] eSecure Online Savings Account (Initial Deposit: PHP 5,000.00) is a high-yield savings account for existing Security Bank Peso Casa clients. It can be a good partner in pursuing savings goals.

[4] Build Up Savings Account (Initial Deposit: PHP 5,000.00 [regular] and PHP 50,000.00 [premium]) promises an interest rate almost four times higher than any other traditional savings accounts. It can be a perfect account for serious and highly-disciplined savers who have long-term financial goals.

[5] Money Builder Savings Account (Initial Deposit: PHP 10,000.00) is another high-interest savings account offered by Security Bank that can be worth recommending to consistent individual savers, freelancers, sole business proprietors, and even corporations.

[6] US Dolloar Savings Account (Initial Deposit: USD 500) is a foreign-currency savings account that promises a safe and secure dollar remittance depository. Security Bank offers one of the highest interest rates for this special type of account.

[7] Chinese Yuan Savings Account (Initial Deposit: CNY 3,500) is Security Bank’s account designed for those who want to maximize their earning potential using CNY.

[8] Third Currency Accounts are non-interest bearing savings accounts that keep your foreign currency safe and secure. They can be opened using the following legal tenders: Hong Kong Dollar (HKD), Singapore Dollar (SGD), Australian Dollar (AUD), Canadian Dollar (CAD), Chinese Yuan (CNY/RMB), Japanese Yen (JPY), British Pound (GBP).

*All Security Bank deposit products earn interests at varying rates. Visit their official website or the nearest servicing branch to make inquiries about other deposit products, required maintaining balance, and existing interest rates.

Security Bank Account Opening Requirements

Here are the minimum documentary requirements upon opening a savings account with Security Bank (requirements may vary depending on deposit accounts):

Accomplished Account Opening Online Form (submitted online)
SMS-Received Reference Number
1 Primary or 2 Secondary ID Cards
Required initial deposit

Here is the list of valid photo-bearing identification documents issued and signed by an official authority and recognized by Security Bank:

Primary Identification Cards

Passport
Driver’s License
Professional Regulations Commission (PRC) ID
Digitized Voter’s ID
Government Service Insurance System (GSIS) e-Card
Social Security System (SSS) Card
Senior Citizen Card
Unified Multi-purpose ID
Alien Certification of Registration (ACR) I-Card
Integrated Bar of the Philippines ID
School ID
NCDA ID
Postal IC (PVC Plastic Card)

Secondary Identification Cards

Company ID
National Bureau of Investigation (NBI) Clearance
Police Clearance
Postal ID
Barangay Certification/Clearance
Overseas Workers Welfare Administration (OWWA) ID
OFW ID
Seaman’s Book
Government Office and GOCC ID, e.g. Armed Forces of the Philippines (AFP ID), Home Development Mutual Fund (HDMF ID)
Department of Social Welfare and Development (DSWD) Certification
PhilHealth Insurance Card ng Bayan (PHICB)
City Health Card/Health Certificate Card
Tax Identification Number (TIN) Card

Us Bank Security Savings Account

Security Bank Account Opening Procedure (3 Easy Steps)

Opening savings and other deposit accounts, along with requirements, can be almost the same across all banks in the Philippines. As what I have experienced with major commercial banks, the usual process comes with a few forms, ID cards and other requirements, and verifiable personal details. With Security Bank, opening an account has been made faster and hassle-free in three easy steps:

[1] Complete the Account Opening Online Form. Visit the official website of Security Bank and click Open an Account (links can be found on the mid-page promotional photo, on the page footer, and on the Accounts menu). Accomplish the series of Online Account Opening forms and click Submit.

[2] Receive Your Reference Number via SMS. After accomplishing the Account Opening Online Form, you will receive an SMS (mobile message) confirmation together with your reference number.

Get The Best Savings Interest Rates For You | Investopedia

[3] Visit Your Selected Security Bank Servicing Branch and Finalize the Process. Hand over your prepared account opening requirements to the bank clerk (Check Account Opening Requirements listed above). Make your initial deposit and claim your debit MasterCard and/or passbook whichever is applicable and available.

First Security Bank Savings Account

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