SECURITY STATE BANK HISTORY
- Bank Name:Security State Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #485
- Locations:5 Branches in 2 states
Security State Bank was founded on November 1, 1932 and has been serving the financial needs of their customers for over 91 years.
Security State Bank currently operates with 5 branches located in 2 states as a subsidiary of Midwest Bancshares, Inc.. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of Security State Bank, including mergers and acquisitions.
DATEEVENT
11-01-1932Institution established. Original name: Security State Bank.
09-30-1989Main Office moved to Main Street, Tyndall, SD 57066.
03-31-2006Main Office moved to 1600 Main Street, Tyndall, SD 57066.
03-31-2006Changed Institution Name to Security State Bank.
11-01-2012Acquired Dakota Heritage State Bank (12643) in Chancellor, SD.
10-01-2013Acquired Commercial Bank of Minnesota (17225) in Heron Lake, MN.
11-01-2021Changed Institution Name to Security Bank Midwest.
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