Security Bank Minnesota

Overview / Commentary
437 Bridge Avenue
Albert Lea, MN 56007

Security Bank Minnesota is headquartered in Albert Lea and is the 133rd largest bank in the state of Minnesota. It is also the 3,443rd largest bank in the nation. It was established in 1906 and as of June of 2022, it had grown to 28 employees at 3 locations. Security Bank Minnesota's money market rates are 2X the national average, and it has an A health rating.


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Health Grade Components

FDIC Certificate #10984
Year Established1906
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.39%
Return on Equity - YTD14.44%
Annual Interest Income$3.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$155.8MM$152.3MM
LoansQ2 2022vs Q2 2021$120.6MM$112.4MM
DepositsQ2 2022vs Q2 2021$136.7MM$132.1MM
Equity CapitalQ2 2022vs Q2 2021$14.7MM$15.0MM
Loan Loss AllowanceQ2 2022vs Q2 2021$2.1MM$2.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$28.00K$155.00K
Real Estate OwnedQ2 2022vs Q2 2021$295.00K$734.00K
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Always verify rates and promotions with the bank or credit union. We are not Security Bank Minnesota; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Security Bank Minnesota Savings Account Rates

0.15%$100-Variable IRA Savings
0.15%*$5k*-Variable HSA
OTHER TIERS: 0.10% $100 - $5k
0.15%$25-Economy Savings
0.15%$100-Regular Savings

Security Bank Minnesota Money Market Rates

1.00%*$250k*-Platinum Money Market Savings
OTHER TIERS: 0.35% Up to $20k | 0.55% $20k - $50k | 0.65% $50k - $150k | 0.75% $150k - $250k
0.60%*$50k*-Money Market Accounts
OTHER TIERS: 0.35% Up to $20k | 0.50% $20k - $50k

Security Bank Minnesota Checking Account Rates

0.60%$10k-Security Gold Checking
0.15%*$2.5k*-Interest Checking
OTHER TIERS: 0.10% $500 - $2.5k

Security Bank Minnesota CD Rates

3.80%$1k-29 Month CD Special
3.61%$1k-19 Month CD Special
3.42%$1k-7 Month CD Special
1.05%*$25k*-60 Month CD
OTHER TIERS: 0.95% $1k - $10k | 1.00% $10k - $25k
0.95%*$25k*-48 Month CD
OTHER TIERS: 0.85% $1k - $10k | 0.90% $10k - $25k
0.80%*$25k*-36 Month CD
OTHER TIERS: 0.70% $1k - $10k | 0.75% $10k - $25k
0.75%*$25k*-24 Month CD
OTHER TIERS: 0.65% $1k - $10k | 0.70% $10k - $25k
0.70%*$25k*-18 Month CD
OTHER TIERS: 0.60% $1k - $10k | 0.65% $10k - $25k
0.55%*$25k*-12 Month CD
OTHER TIERS: 0.45% $1k - $10k | 0.50% $10k - $25k
0.45%*$25k*-6 Month CD
OTHER TIERS: 0.35% $1k - $10k | 0.40% $10k - $25k
0.30%*$25k*-3 Month CD
OTHER TIERS: 0.20% $1k - $10k | 0.25% $10k - $25k

Security Bank Minnesota IRA Rates

0.95%$1k-60 Month IRA CD
0.85%$1k-48 Month IRA CD
0.70%$1k-36 Month IRA CD
0.65%$1k-24 Month IRA CD
0.45%$1k-12 Month IRA CD

Security Bank Minnesota Locations
Security Bank Minnesota - Emmons201 Main StreetEmmons, MN 56029
Security Bank Minnesota437 Bridge AveAlbert Lea, MN 56007
Alden Branch195 North BroadwayAlden, MN 56009

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