CDs and IRAs

IRAs

Take advantage of tax savings and plan for financial security with a Security National Bank Individual Retirement Account.

  • Traditional IRAs offer tax-deductible savings for retirement and earn tax-deferred interest.
  • Roth IRAs are not tax-deductible when opened, but both earnings and principal are tax-free when distributed.
  • Simplified Employer Pension Plans encourage you to develop a very simple retirement plan for your company. Your company may contribute up to 25 percent of each employee’s total compensation up to a maximum of $55,000.00 per employee. SEP plan contributions are even permitted for small businesses whose owner is the only employee. Each employee’s retirement account grows tax deferred.
  • Minimum opening deposit is $100.00.
  • Interest compounds daily and pays quarterly.
  • No set-up or annual fees.
  • IRA instruments are FDIC insured and subject to penalty for early withdrawal.

Complete account disclosures, with current annual percentage yield information, are available upon request. For additional information, please contact a Customer Service Representative at 580-234-5151 or email us at customerservice@SNBEnid.com.

CDs

Certificates of Deposit offer the safety of FDIC insurance and a guaranteed interest rate. Security National Bank offers a variety of certificates to meet your maturity and yield needs.

  • Certificates can be titled for individual, joint, in-trust-for, estate, or payable-on-death ownership.
  • Simple interest is paid on 365/366 day basis annually or at maturity or it may be compounded on a quarterly, semi-annual, or annual basis.
  • The balance on which interest is computed for your account is determined by the daily balance method.
  • Interest accrues daily.
  • Interest will be credited to the principal of your certificate, unless you request a deposit to an SNB checking or savings account.
  • CDs are FDIC insured and subject to penalty for early withdrawal.
  • There are no set-up or annual fees.

Complete account disclosures, with current annual percentage yield information, are available upon request. For additional information, please contact a Customer Service Representative at 580-234-5151 or email us at customerservice@SNBEnid.com.

Mobile Banking

Check account balances, transfer funds, view recent transactions or images and much more from the convenience of your mobile phone or web based device.

Products & Services

From e-Statements to convenient ATM locations, SNB offers a wide variety of products and services to fit your lifestyle.

Security & Privacy

SNB puts everything in place to protect your deposits. Our secure banking transactions plus FDIC insurance keep your money safe.

Securing New Devices

New Endorsement Requirement for Mobile Deposit

Cybersecurity in the Workplace

Access Your Bank Accounts 24 Hours a Day With Security National Bank

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