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COMMERCIAL BANKING

Business Checking Accounts
  • Minimum opening deposit
  • Account Cost Analysis Formula:
    • Checks Paid On Account (Debits)
    • Deposits Made (Credits)
    • Charge for Checks Deposited
    • Monthly Maintenance
    • Earnings Credit for Each $100.00 of Average Collected balance
$100.00

$ 0.15
$ 0.30
$ 0.075
$ 5.00

$ 0 .10
Business NOW Checking Accounts
  • Sole Proprietorship ONLY Corporations and Partnerships are not eligible.
  • Existing Checking Account can be converted.
  • Minimum Opening Deposit $1,500.
  • To avoid service charge, a $1500 Minimum Daily Balance, or $2,500 Average Balance for the month, whichever is less.
  • Interest earned on the entire collected balance, even if balance falls below minimum. Interest is paid monthly.
  • Charge for checks deposited (credit) $ .075 each.
  • Checks paid on account (debit) $ .15 each.
  • $10.00 Service Charge if minimum balance is not maintained.
Business Super NOW Accounts
  • Sole Propiertorship ONLY. Corporations and Partnerships are not eligible.
  • Existing Checking Account Can Be Converted.
  • Minimum Opening Deposit $2,500.
  • $2,500 Minimum Balance.
  • Earns Variable Interest Rate on the collected balance based on change in posted index. Market rate interest is earned on the balance that is maintained above minimum. Interest paid monthly.
  • Unlimited Checking
  • Charge for Checks Deposited $ .075 Each.
  • Checks Paid on Account (Debit) $ .15 each.
  • $15.00 Service Charge if minimum balance is not maintained
Money Market Accounts

Business or Corporations
  • A new account must be opened.
  • Minimum opening deposit $5,000.
  • $5,000 minimum balance.
  • Earns variable Money Market interest rate on the collected balance based on change in posted index as long as the minimum balance is maintained; if the minimum balance is not met, the entire interest is forfeited for the month.
  • Six withdrawals per cycle.
  • Unlimited withdrawals in person and teller assisted.
  • Charge for transactions in excess of those listed above are:
    • Charges for Checks Deposited $0.075
    • Checks Paid on Account (Debit) $0.15
    • $15.00 service charge if minimum balance is not maintained.
Statement Savings Accounts
  • Minimum opening deposit $200.00*
  • Interest is compounded daily, paid quarterly.
  • 2 withdrawals allowed per month without charge
  • Excessive withdrawals of more than two (2) per month $ .50 each.
  • Maintenance charge of $2.00 per month on account balances of 199.99 or less.
* Does not apply to minor children of customers.

Commercial Certificates of Deposit
TERM MINIMUM TO OPEN INTEREST PAYMENTS EARLY WITHDRAWAL PENALTY GRACE PERIOD AT MATURITY
91 DAY CD $2,500.00 Compound at maturity,
pay by check, deposit
into checking or savings
as often as monthly
1 month of interest
on the amount
withdrawn
 
10 day grace
period at
maturity
 
182 DAY CD $2,500.00 Compound at maturity,
pay by check, deposit
into checking or savings
account as often as
monthly
1 month of interest
on the amount
withdrawn
 
10 day grace
period at
maturity
 
12 MONTH CD $1,000.00 Compound semi-
annually, pay by check,
deposit into checking or
savings account as often
as monthly
1 month of interest
on the amount
withdrawn
 
10 day grace
period at
maturity
 
18 MONTH CD $1,000.00 Compound semi-
annually, pay by check,
deposit into checking or
savings account as
often as monthly
3 months of interest
on the amount
withdrawn
 
10 day grace
period at
maturity
 
24 MONTH CD $500.00 Compound semi-
annually, pay by check,
deposit into checking or
savings account as often
as monthly
3 months of interest
on the amount
withdrawn
 
10 day grace
period at
maturity
 
30 MONTH CD $1000.00 Compound semi-
annually, pay by check,
deposit into checking or
savings account as often
as monthly
3 months of interest
on the amount
withdrawn
 
10 day grace
period at
maturity
 
36 MONTH CD $1,000.00 Compound semi-
annually, pay by check,
deposit into checking or
savings account as
often as monthly
3 months of interest
on the amount
withdrawn
 
10 day grace
period at
maturity
 

 
Commercial Loans

Three convenient locations to serve you:
 
Miami, OK
2 South Main Street
(918)542-6661
Miami, OK
2200 N. Main Street
(918)542-6661 x 265
Afton, OK
1 SW 1st Street
(918)257-4242

Commercial Loans

  • Line of Credit
  • Equipment purchases
  • Expansion
  • Real Estate
  • Inventory and Accounts Receivable
  • SBA (Small Business Administration) Loans
Our commercial lenders, combined, have 50 years of experience. Call today and put that experience to work for your business.

Merchant Credit Card Services

In today's business world, companies need a payment processing system that is designed to fit their specific needs. Whether you conduct business by mail, phone order, retail or accept payments via the internet, Security Bank and Trust Company is here to provide you with the best payment processing solution.

Security Bank and Trust Company merchant processing system is capable of processing both MasterCard and Visa transactions. For more information about products and services contact our Customer Service Department at 918-542-6661 or 888-330-6419.

Commercial Services Account Analysis Pricing
 
Service Description Price  Price
Demand Deposit Account  
Monthly Maintenance $7.50
Checks Paid (debits) $0.25
Debit Memo or Credit Memo $0.25
Pre-Authorized Debit or Credit (ACH) $0.25
Overdrafts  
NSF Per Check $25.00
Overdraft Interest Prime + 3%
Returned Items $2.00
Stop Payment $15.00
Daily Statement (per statement) $3.00
Fine Sort $0.03
Account research (per hour) $15.00
Per Copy $1.00
Per Item $0.50
Payable Through Drafts $0.06
Warrants $0.06
Wire Transfers $0.06
Incoming  
Outgoing $6.00
ACH Wire $7.50
Items Deposited $0.04
F.D.I.C. Assessment (based on average ledger)  
Strapped Currency (per strap) $0.04
Rolled Coin (per roll) $0.0750
MICR Rejects (unreadable magnetic encoding) $0.06
MICR Encoding $0.06
Collection Items $12.00

Funds Availability: On US (SBT) Immediate Credit; Oklahoma Checks Next Day Availability; Out-of-State checks: Two-day-availability