Security Federal Savings Bank is a bank based in Logansport, Indiana, established in 1934, with $453 million in total assets across 8 branches. By Trust Grade it ranks 50th of 89 banks we track in Indiana. Its capital ratio of 9.1% trails most similarly sized banks (31th percentile), versus a Indiana median of 9.6%. It was profitable over the most recent period, with a 0.80% return on assets. No consumer complaints against Security Federal Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Security Federal Savings Bank compares to Indiana peers
How we graded Security Federal Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.1% capital ratio)
- Profitable (ROA 0.80%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Security Federal Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (8)
- 519 E Markland Ave, Kokomo, IN 46901
- 300 Mall Rd, Logansport, IN 46947
- 314 4th St, Logansport, IN 46947
- 1260 S Washington St, Delphi, IN 46923
- 3920 Mccarty Ln, Lafayette, IN 47905
- 2827 Us Highway 52 W, West Lafayette, IN 47906
- 1600 E Boulevard, Kokomo, IN 46902
- 10880 N Michigan Rd, Zionsville, IN 46077
Are deposits at Security Federal Savings Bank insured?
Yes. Security Federal Savings Bank is an FDIC-insured bank (FDIC certificate #28894). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Security Federal Savings Bank: frequently asked questions
Is Security Federal Savings Bank a good bank?
Security Federal Savings Bank earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Strongly capitalized (9.1% capital ratio); Profitable (ROA 0.80%).
Is Security Federal Savings Bank FDIC-insured?
Yes. Security Federal Savings Bank is a FDIC-insured bank (FDIC certificate #28894). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Security Federal Savings Bank?
Security Federal Savings Bank holds $453 million in total assets, ranking 50th of 89 banks we track in Indiana. It operates 8 branches.
Does Security Federal Savings Bank have CFPB complaints?
No CFPB complaints against Security Federal Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
