Security State Bank

Security State Bank Overview

Security State Bank, founded in March 1, 1931, is currently an inactive FDIC insured bank. The chartering agency for Security State Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Security State Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Security State Bank is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on August 15, 1941.

Address Location and Maps for Security State Bank

Bank Name Security State Bank FDIC Bank Location for Security State Bank
Address 1 East State Street
Algona, IA 50511
County: Kossuth
Bank’s State: Iowa
Website: http://www.bankssb.com:80/

 

Security State Bank Detailed Information

FDIC Certificate ID 15839
Bank Institution Name Security State Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $80,012,000
Total Deposits $71,427,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance August 15, 1941
Change Code 412
Change Code Description Merge BIF and SAIF Funds into DIF
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? No
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region Kansas City
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Kossuth
Office of Thrift Supervision Region Western
Assigned Federal Reserve District Kansas City
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Security State Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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