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Security Bank Minnesota
✓ FDIC-insured · Active FDIC Certificate #10984
Security Bank Minnesota is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Albert Lea, Minnesota, established in 1906. As of the 06/30/2026 FDIC call report, it reported $145M in total assets and $125M in deposits. FDIC location data lists 3 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company LAKE BK SHARES EMPLOYEE STK OWNERSHIP PLAN (Albert Lea, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 3 of Security Bank Minnesota's FDIC-listed offices are in Minnesota. Browse banks in Albert Lea for other local options.
Branch locations
| Security Bank Minnesota Alden Branch · Full Service - Brick And Mortar | 195 N Broadway Alden, MN 56009 Map ↗ |
| Security Bank Minnesota Security Bank Minnesota - Emmons · Full Service - Brick And Mortar | 201 Main St Emmons, MN 56029 Map ↗ |
| Security Bank Minnesota Security Bank Minnesota · Full Service - Brick And Mortar | 437 Bridge Ave Albert Lea, MN 56007 Map ↗ |
Holding company: LAKE BK SHARES EMPLOYEE STK OWNERSHIP PLAN
The FDIC lists LAKE BK SHARES EMPLOYEE STK OWNERSHIP PLAN, based in Albert Lea, MN, as the top holding company for Security Bank Minnesota. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to Security Bank Minnesota's $145M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| BANKWEST | Rockford | $240M | 3 |
| United Farmers State Bank | Adams | $234M | 3 |
| Security State Bank of Marine | Marine On St. Croix | $233M | 4 |
| The Wanda State Bank | Wanda | $230M | 2 |
| Eagle Bank | Glenwood | $227M | 5 |
| Commerce Bank | Geneva | $220M | 2 |
| Home State Bank | Litchfield | $219M | 4 |
| Lakeview Bank | Lakeville | $218M | 2 |
Security Bank Minnesota: common questions
Is Security Bank Minnesota FDIC-insured?
Yes. Security Bank Minnesota is an active FDIC-insured institution, FDIC Certificate #10984. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Security Bank Minnesota headquartered?
Security Bank Minnesota is headquartered at 437 Bridge Ave, Albert Lea, MN 56007, according to FDIC records.
How many branches does Security Bank Minnesota have?
FDIC location data lists 3 offices for Security Bank Minnesota, all in Minnesota.
Who owns Security Bank Minnesota?
The FDIC lists LAKE BK SHARES EMPLOYEE STK OWNERSHIP PLAN of Albert Lea, MN as the top holding company for Security Bank Minnesota.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.