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The Security State Bank

Emery, SD · Est. 1920 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

The Security State Bank is a bank based in Emery, South Dakota, established in 1920, with $62 million in total assets across 2 branches. By Trust Grade it ranks 7th of 56 banks we track in South Dakota. Its capital ratio of 19.4% is stronger than 84% of similarly sized banks, versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 2.03% return on assets. No consumer complaints against The 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
$61.8M
<$100M institution
Deposits
$49.5M
Branches
2
Capital ratio
19.4%
Top 16% of <$100M peers · South Dakota median 10.4%
Return on assets
2.0%
Top 10% of <$100M peers · South Dakota median 1.32%
Rank in South Dakota
#7
of 56 banks

How The Security State Bank compares to South Dakota peers

Capital ratio
Top 16% of <$100M peers
The Security
19.4%
South Dakota median
10.4%
Higher capital ratio = stronger financial cushion
Return on assets
Top 10% of <$100M peers
The Security
2.0%
South Dakota median
1.3%
Higher ROA = more profitable relative to asset base

How we graded The 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 (19.4% capital ratio)
  • Strongly profitable (ROA 2.03%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (2)

  • 117 N 3rd St, Emery, SD 57332
  • 315 Free Street, Canistota, SD 57012

Are deposits at The Security State Bank insured?

Yes. The Security State Bank is an FDIC-insured bank (FDIC certificate #15749). 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.

The Security State Bank: frequently asked questions

Is The Security State Bank a good bank?

The 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 (19.4% capital ratio); Strongly profitable (ROA 2.03%).

Is The Security State Bank FDIC-insured?

Yes. The Security State Bank is a FDIC-insured bank (FDIC certificate #15749). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is The Security State Bank?

The Security State Bank holds $62 million in total assets, ranking 7th of 56 banks we track in South Dakota. It operates 2 branches.

Does The Security State Bank have CFPB complaints?

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

Similar Banks

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Ipswich State Bank
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Richland State Bank
bank · Bruce, SD · $46M assets

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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