Plan confidently. Save consistently. Retire comfortably.

A Traditional Individual Retirement Account (IRA) from Security Bank helps you prepare for the future while taking advantage of valuable tax benefits. Contributions may be tax-deductible based on your individual tax situation, and earnings grow tax-deferred until funds are withdrawn in retirement.

Whether you are building long-term savings or rolling over funds from a previous employer-sponsored retirement plan, a Traditional IRA offers a dependable way to strengthen your retirement strategy. Our experienced team is here to guide you every step of the way by delivering, Banking like it oughta be!

For current rates or to open an account, contact us at 940-663-6331 or visit your nearest Security Bank location.

Account Features

• No annual IRA maintenance fees
• FDIC insured to the maximum allowed by law
• Minimum opening deposit of $500
• Eligibility based on IRS income and contribution guidelines
• Earnings grow tax-deferred
• Contributions may be tax-deductible in the year made
• Withdrawals without IRS early withdrawal penalty beginning at age 59½
• Required Minimum Distributions (RMDs) begin at age 73 for Traditional IRAs under current IRS guidelines