Security Bank

Status:Inactive as of 11/05/2008
 Merger - Without Assistance
Successor Bank:Capstone Bank
Headquarters:Security Bank
2301 University Blvd
Tuscaloosa, AL 35401
Established:01/01/1965
FDIC Insurance:08/09/1989
FDIC Cert:#31514
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$57,517,000
Total Deposits:$41,995,000

History

1965-01-01Institution established: Original name:Security Federal Savings and Loan Association
1990-02-01Changed name to Security Federal Bank, A FSB
1990-02-01Changed organization type to MUTUAL SAVINGS BANK
1995-03-31Changed organization type to STOCK SAVINGS BANK
1995-03-31Changed name to Security Federal Bank
1997-09-30Changed name to Security Bank
2008-11-05Merged into and subsequently operated as part of Capstone Bank (22769) in TUSCALOOSA, AL
2017-11-01Merged into and subsequently operated as part of SmartBank (58463) in PIGEON FORGE, TN
2018-05-01Acquired Southern Community Bank (58105) in TULLAHOMA, TN
2018-11-01Acquired Foothills Bank & Trust (58591) in MARYVILLE, TN
2020-03-01Acquired Progressive Savings Bank (32021) in JAMESTOWN, TN
2021-09-01Acquired Sevier County BankSmartBank (10318) in SEVIERVILLE, TN.

Financial Information (2008-09-30 and Older)