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Security State Bank
✓ FDIC-insured · Active FDIC Certificate #15839
Security State Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Algona, Iowa, established in 1931. As of the 06/30/2026 FDIC call report, it reported $110M in total assets and $80M in deposits. FDIC location data lists 4 offices in Iowa. The FDIC classifies it as a community bank. It is owned by the holding company BURT BANCSHARES INC (Burt, IA).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 4 of Security State Bank's FDIC-listed offices are in Iowa. Browse banks in Algona for other local options.
Branch locations
| Security State Bank Security State Bank · Full Service - Brick And Mortar | 1 E State St Algona, IA 50511 Map ↗ |
| Security State Bank Dewitt Street Branch · Full Service - Brick And Mortar | 102 Dewitt St Luverne, IA 50560 Map ↗ |
| Security State Bank Walnut Street Branch · Full Service - Brick And Mortar | 122 Walnut St Burt, IA 50522 Map ↗ |
| Security State Bank Security State Bank Central Park Office · Full Service - Brick And Mortar | 801 E State St Algona, IA 50511 Map ↗ |
Holding company: BURT BANCSHARES INC
The FDIC lists BURT BANCSHARES INC, based in Burt, IA, as the top holding company for Security State Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Iowa
Active FDIC-insured banks headquartered in Iowa with total assets closest to Security State Bank's $110M. See all banks in Iowa.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Farmers Trust & Savings Bank | Williamsburg | $192M | 2 |
| Peoples Savings Bank | Wellsburg | $189M | 3 |
| Bellevue State Bank | Bellevue | $188M | 1 |
| Liberty Trust & Savings Bank | Durant | $186M | 3 |
| Danville State Savings Bank | New London | $183M | 2 |
| St. Ansgar State Bank | Saint Ansgar | $182M | 2 |
| Atkins Savings Bank & Trust | Atkins | $172M | 1 |
| Templeton Savings Bank | Templeton | $170M | 2 |
Security State Bank: common questions
Is Security State Bank FDIC-insured?
Yes. Security State Bank is an active FDIC-insured institution, FDIC Certificate #15839. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Security State Bank headquartered?
Security State Bank is headquartered at 1 E State St, Algona, IA 50511, according to FDIC records.
How many branches does Security State Bank have?
FDIC location data lists 4 offices for Security State Bank, all in Iowa.
Who owns Security State Bank?
The FDIC lists BURT BANCSHARES INC of Burt, IA as the top holding company for Security State Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.