Security State Bank

Status:Inactive as of 11/06/2004
 Merger - Without Assistance
Successor Bank:Great Western Bank
Headquarters:Security State Bank
2100 Commerce
Red Oak, IA 51566
Established:11/15/1950
FDIC Insurance:11/15/1950
FDIC Cert:#16951
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$61,355,000
Total Deposits:$52,767,000

History

1950-11-15Institution established: Original name:Security State Bank
1996-12-02Moved bank headquarters from STANTON, IA to RED OAK, IA
2004-11-06Merged into and subsequently operated as part of Great Western Bank (35516) in CLIVE, IA
2007-01-12Acquired Great Western Bank (8327) in OMAHA, NE
2007-01-12Merged into and subsequently operated as part of Great Western Bank (15289) in WATERTOWN, SD
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 (2004-09-30 and Older)