Security Bank, Madison, South Dakota

Status:Inactive as of 02/04/2006
 Merger - Without Assistance
Successor Bank:Great Western Bank
Headquarters:Security Bank, Madison, South Dakota
325 N.E. Second Street
Madison, SD 57042
Established:01/02/1945
FDIC Insurance:01/02/1945
FDIC Cert:#16220
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$138,581,000
Total Deposits:$122,173,000

History

1945-01-02Institution established: Original name:Gary State Bank
1992-01-31Acquired Security State Bank (6077) in MADISON, SD
1992-01-31Moved bank headquarters from GARY, SD to MADISON, SD
1992-01-31Changed name to Security State Bank
1995-08-28Changed name to Security Bank, Madison, South Dakota
2006-02-04Merged into and subsequently operated as part of Great Western Bank (15289) in WATERTOWN, SD
2007-01-12Acquired Great Western Bank (35516) in CLIVE, IA
2007-01-12Acquired Great Western Bank (8327) in OMAHA, NE
2007-05-11Acquired Sunstate Bank (25333) in CASA GRANDE, AZ
2009-05-29Acquired International Bank (57223) in GREELEY, CO
2010-04-23Acquired F&M Bank-Iowa Central (10904) in MARSHALLTOWN, IA
2010-06-04Acquired TierOne Bank (29341) in LINCOLN, NE as part of a government assisted transaction.
2012-06-22Acquired First Federal Savings Bank of Iowa (30742) in FORT DODGE, IA
2016-05-16Acquired Home Federal Bank (28092) in SIOUX FALLS, SD
2017-07-05Moved bank headquarters from WATERTOWN, SD to SIOUX FALLS, SD

Financial Information (2005-12-31 and Older)