Security Federal Bank

Status:Inactive as of 03/19/2021
 Merger - Without Assistance
Successor Bank:Community First Bank, Inc.
Headquarters:Security Federal Bank
632 Elk Avenue
Elizabethton, TN 37643
Established:01/01/1962
FDIC Insurance:08/09/1989
FDIC Cert:#31381
Charter Class:
Total Assets:$62,925,000
Total Deposits:$45,376,000

History

1962-01-01Institution established: Original name:Security Federal Savings and Loan Association
1985-12-27Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1990-01-17Changed name to Security Federal Savings Bank
1997-05-30Changed name to Security Federal Bank
1997-05-30Changed organization type to STOCK SAVINGS BANK
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2013-05-21Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2013-05-21Changed institution class to FDIC SUPERVISED SAVINGS BANK
2021-03-19Merged into and subsequently operated as part of Community First Bank, Inc. (32838)

Financial Information (2020-12-31 and Older)