Security State Bank

Status:Inactive as of 05/31/2002
 Absorption - Without Assistance
Successor Bank:United Community Bank
Headquarters:Security State Bank
1905 Okoboji Avenue
Milford, IA 51351
Established:05/11/1933
FDIC Insurance:01/01/1934
FDIC Cert:#218
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$40,145,000
Total Deposits:$36,752,000

History

1933-05-11Institution established: Original name:Security State Bank
1987-06-19Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED
1998-06-11Moved bank headquarters from HARTLEY, IA to MILFORD, IA
2002-05-31Merged into and subsequently operated as part of United Community Bank (13656) in MILFORD, IA

Financial Information (2001-12-31 and Older)