Security State Bank
Algona, IA · State, non-member commercial bank
Sonar Score
Watch
out of 100 · from public FDIC data
Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $114.8M
- Total deposits
- $85M
- Branches
- 4
- Return on assets
- 2.17%
- Return on equity
- 8.52%
- Charter type
- State, non-member commercial bank
- Established
- 1931
- FDIC cert #
- 15839
How the 60 breaks down
Capital ratio not reported.
Strong returns on its asset base.
Positive but moderate equity returns.
Community-scale institution.
Your deposits at Security State Bank
Security State Bank is an FDIC-insured institution (Cert #15839). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →
4 branch locations
1 E State St
Algona, IA 50511
102 Dewitt St
Luverne, IA 50560
122 Walnut St
Burt, IA 50522
801 E State St
Algona, IA 50511
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