Security State Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Algona, Iowa, established in 03/01/1931. Operating with a focus on Agricultural Specialization, it offers a broad range of financial services across its 4 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Security State Bank reported total assets of $109,079 and manages deposits totaling $85,084 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $596 thousands last year. For more details, visit their website at www.bankssb.com.
Bank Information:
- Bank Name: Security State Bank
- Address: 1 E State St, Algona, Kossuth, IA, 50511
- Website: www.bankssb.com
Classification and Operations:
- State: Iowa
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Agricultural Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 4
- Number of Foreign Offices: 0
- Total Assets: $109,079
- Total Deposits: $85,084
- Domestic Office Deposits: $85,084
Financial Data:
- Net Income (Attributable to Bank): $596
Establishment and Record:
- Established Date: 03/01/1931
- Last Recorded Data on: 04/12/2024