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Security State Bank

Sutherland, IA · Est. 1931 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Security State Bank is a bank based in Sutherland, Iowa, established in 1931, with $485 million in total assets across 5 branches. By Trust Grade it ranks 65th of 226 banks we track in Iowa. Its capital ratio of 10.8% is stronger than 60% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 2.64% return on assets. No consumer complaints against Security State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$485.3M
$100M–1B institution
Deposits
$337.2M
Branches
5
Capital ratio
10.8%
Top 40% of $100M–1B peers · Iowa median 10.2%
Return on assets
2.6%
Top 4% of $100M–1B peers · Iowa median 1.31%
Rank in Iowa
#65
of 226 banks

How Security State Bank compares to Iowa peers

Capital ratio
Top 40% of $100M–1B peers
Security State
10.8%
Iowa median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 4% of $100M–1B peers
Security State
2.6%
Iowa median
1.3%
Higher ROA = more profitable relative to asset base

How we graded Security State Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (10.8% capital ratio)
  • Strongly profitable (ROA 2.64%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Security State Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (5)

  • 103 3rd St, Frederika, IA 50631
  • 109 W 2nd St, Sutherland, IA 51058
  • 328 Main St, Elma, IA 50628
  • 305 E Grand Ave, Paullina, IA 51046
  • 922 W Milwaukee St, New Hampton, IA 50659

Are deposits at Security State Bank insured?

Yes. Security State Bank is an FDIC-insured bank (FDIC certificate #235). 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 State Bank: frequently asked questions

Is Security State Bank a good bank?

Security State 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 (10.8% capital ratio); Strongly profitable (ROA 2.64%).

Is Security State Bank FDIC-insured?

Yes. Security State Bank is a FDIC-insured bank (FDIC certificate #235). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Security State Bank?

Security State Bank holds $485 million in total assets, ranking 65th of 226 banks we track in Iowa. It operates 5 branches.

Does Security State Bank have CFPB complaints?

No CFPB complaints against Security State Bank appear in our data over the analysis window, which is typical for a bank of this size.

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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.

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