Security Savings Bank is a bank based in Gowrie, Iowa, established in 1914, with $199 million in total assets across 8 branches. By Trust Grade it ranks 23rd of 226 banks we track in Iowa. Its capital ratio of 14.0% is stronger than 86% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 2.17% return on assets. No consumer complaints against Security 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 Savings Bank compares to Iowa peers
How we graded Security Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.0% capital ratio)
- Strongly profitable (ROA 2.17%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Security Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (8)
- 1001 Main St, Manson, IA 50563
- 200 2nd St, Boxholm, IA 50040
- 116 Main St, Lehigh, IA 50557
- 320 Garfield Ave, Farnhamville, IA 50538
- 39 S Main St, Dayton, IA 50530
- 725 Shakespeare Ave, Stratford, IA 50249
- 127 S Ash St, Harcourt, IA 50544
- 1015 Market St, Gowrie, IA 50543
Are deposits at Security Savings Bank insured?
Yes. Security Savings Bank is an FDIC-insured bank (FDIC certificate #14208). 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 Savings Bank: frequently asked questions
Is Security Savings Bank a good bank?
Security Savings Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (14.0% capital ratio); Strongly profitable (ROA 2.17%).
Is Security Savings Bank FDIC-insured?
Yes. Security Savings Bank is a FDIC-insured bank (FDIC certificate #14208). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Security Savings Bank?
Security Savings Bank holds $199 million in total assets, ranking 23rd of 226 banks we track in Iowa. It operates 8 branches.
Does Security Savings Bank have CFPB complaints?
No CFPB complaints against Security 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.
