Security Savings Bank is headquartered in Las Vegas, Nevada.  The bank is a state chartered FDIC insured institution.  Since the banks opening on April 3, 2000, Security Savings Bank has experienced measurable growth while maintaining a healthy financial position.  Security Savings Bank has two bank branch locations serving the greater Las Vegas community. 

Security Savings Bank is known in Las Vegas for providing high interest rate deposits.  From the lending side, Security Savings Bank doesn’t directly lend to bank customers, it purchases loans and participates with other banks and lenders in loan production. 

The bank is continuing to provide above market rates on their CDs.  Customers can earn competitive rates of return, guaranteed for the entire term of the CD.  Security Savings Bank has the following CD rates and terms:

A three month CD with an interest rate of 2.25% APY.
A six month CD that earns an interest rate of 2.50% APY.
A nine month CD with a rate of 2.75% APY.
A twelve month CD with a rate of 2.80% APY.
An eighteen month CD that earns an interest rate of 2.80% APY.
A twenty-four month CD that has an interest rate of 2.80% APY.
A thirty-six month CD also earns an interest rate of 2.80% APY.
And a sixty month CD that has an interest rate of 3.00% APY.

The bank is presently offering a special promotion on their liquid CD account.  The liquid CD provides customers with the liquidity of a savings account and the earnings of a CD.  This CD account features include:  unlimited deposits with only $500 required to open, three (3) penalty-free withdrawals per month, guaranteed rate for term of account (12 months), no monthly service charge, an interest rate at 2.25% APY and a 0.05% APY bonus with the opening of a $2,500 NOW checking account with the bank.

There is a $1,000.00 minimum deposit for the banks regular CD’s.  CDs compound interest daily and the interest is credited to the account quarterly and at maturity.  The option of receiving monthly interest checks is also available.

Interest rates are subject to change.  Additional conditions may apply.  To contact the bank directly call 702-260-4141.  More bank product information as well as current interest rates can be found on the bank website which is located at bankplace.com.

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