Security Federal Bank
FDIC #31100
📍 Aiken, South Carolina
Security Federal Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1922. With assets of $1.41 Billion, it operates 19 domestic branches.
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★★★★★ marc s
June 25, 2020
awesome
Community Reinvestment Act (CRA) Rating
Latest Exam: October 1, 2022
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
October 1, 2022
Outstanding
July 1, 2019
Outstanding
November 1, 2016
Outstanding
💰 Financial Strength
Total Assets$1.41 Billion
Total Deposits$1.21 Billion
Equity Capital$102.38 Million
Net Income$6.14 Million
📈 Performance
ROA0.60%
ROE7.83%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1922
FDIC Cert31100
Holding CoSecurity Federal Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 6:00 PM
Tuesday9:00 AM - 6:00 PM
Wednesday9:00 AM - 6:00 PM
Thursday9:00 AM - 7:00 PM
Friday9:00 AM - 7:00 PM
Saturday9:00 AM - 4:00 PM
Sunday1:30 - 4:00 PM
📜 Institutional History
2022
Relocation
Moved HQ to: 238 Richland Avenue, Nw, Aiken, SC 29801.
2011
Relocation
Moved HQ to: 100 Laurens St Sw, Aiken, SC 29801.
2009
Relocation
Moved HQ to: 1705 Whiskey Road South, Aiken, SC 29803.
2006
Name Change
Name became: Changed Institution Name To Security Federal Bank.
1987
Name Change
Name became: Changed Institution Name To Security Federal Savings Bank Of South Carolina.