Security State Bank

Status:Inactive as of 03/19/2018
 Merger - Without Assistance
Successor Bank:Northeast Security Bank
Headquarters:Security State Bank
231 First Street East
Independence, IA 50644
Established:10/04/1941
FDIC Insurance:10/04/1941
FDIC Cert:#15851
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$111,573,000
Total Deposits:$85,425,000

History

1941-10-04Institution established: Original name:Security State Bank
2018-03-19Merged into and subsequently operated as part of Northeast Security Bank (18384) in SUMNER, IA
2021-03-26Acquired First State BankNortheast Security Bank (11634) in SUMNER, IA.

Financial Information (2017-12-31 and Older)