Security Bank Minnesota is a bank based in Albert Lea, Minnesota, established in 1906, with $152 million in total assets across 3 branches. By Trust Grade it ranks 105th of 224 banks we track in Minnesota. Its capital ratio of 9.3% trails most similarly sized banks (36th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.14% return on assets. No consumer complaints against Security Bank Minnesota appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Security Bank Minnesota compares to Minnesota peers
How we graded Security Bank Minnesota
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.3% capital ratio)
- Strongly profitable (ROA 1.14%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Security Bank Minnesota over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 195 N Broadway, Alden, MN 56009
- 201 Main St, Emmons, MN 56029
- 437 Bridge Ave, Albert Lea, MN 56007
Are deposits at Security Bank Minnesota insured?
Yes. Security Bank Minnesota is an FDIC-insured bank (FDIC certificate #10984). 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 Bank Minnesota: frequently asked questions
Is Security Bank Minnesota a good bank?
Security Bank Minnesota earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (9.3% capital ratio); Strongly profitable (ROA 1.14%).
Is Security Bank Minnesota FDIC-insured?
Yes. Security Bank Minnesota is a FDIC-insured bank (FDIC certificate #10984). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Security Bank Minnesota?
Security Bank Minnesota holds $152 million in total assets, ranking 105th of 224 banks we track in Minnesota. It operates 3 branches.
Does Security Bank Minnesota have CFPB complaints?
No CFPB complaints against Security Bank Minnesota appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
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.
