1. Banks
  2. Security Bank

Security Bank

Deposits held and insured by American Momentum Bank

Overview / Commentary
www.mysbank.com
432-570-9330
600 N Marienfeld St, # 200
Midland, TX 79701
Deposits held and insured by American Momentum Bank

Related Posts

View all posts from:


Reviews (2)

Security Bank customer

Posted by: |

I have had nothing but good experiences with Security Bank. I have been banking with them for over ten years. I have one checking and one savings account with them. They are always pleasant and helpful when I call in via phone and also when I visit the lobby or window at the branch location. Their phone app and website are very user friendly and I make use of these on an almost daily basis. They have a number of convenient ATM locations that I visit on a fairly regular basis. I also appreciate how they are active in local community charities and events. I would not hesitate to refer my friends, family, or anyone, for that matter, to Security Bank for any of their banking needs.

1

Not for me

Posted by: |

My husband and I opened a business checking account with this bank recently. When my husband went in to cash some checks they did not want to honor them at first. These were written by people who banked with this bank. Then they hit us with fees that they told us they would waive for 6 months. This was an outright lie. Their mobile app doesn't update very quickly. I have used other banks mobile apps and had no problems so I don't know what the issue is. I am not impressed with this bank and I don't appreciate a bank being dishonest with me, especially on a business account.

1


Health
A

Data as of Q4 2019

Data displayed below is for insuring bank: American Momentum Bank
Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #58309
Year Established2006
Employees272
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.68%
Return on Equity - YTD10.98%
Annual Interest Income$83.3MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$1.74B$1.09B
LoansQ4 2019vs Q4 2018$1.28B$846.4MM
DepositsQ4 2019vs Q4 2018$1.48B$827.3MM
Equity CapitalQ4 2019vs Q4 2018$254.4MM$226.0MM
Loan Loss AllowanceQ4 2019vs Q4 2018$10.9MM$11.1MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$9.8MM$7.5MM
Real Estate OwnedQ4 2019vs Q4 2018$15.8MM$15.1MM
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Security Bank; 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 Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*-$25kRealSaver
OTHER TIERS: 0.05% → $25k+

Security Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*-$25kRewards Checking
OTHER TIERS: 0.05% → $25k+
0.50%*-$25kRealRewards Checking with Saver
OTHER TIERS: 0.05% → $25k+
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.