Security Bank, Madison, South Dakota

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Security Bank, Madison, South Dakota Detail Information

Security Bank, Madison, South Dakota
325 N.E. Second Street
Madison, South Dakota 57042
Primary Internet Web Address: http://www.bankingwithsecurity.com:80/

FDIC Certificate #: 16220
Active: No
Bank Charter Class: NM - commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Structural event relating to an institution: Merger - Without Assistance
Security Bank, Madison, South Dakota Established Date: 1/2/1945
Insurance Fund Membership: Bank Insurance Fund (BIF)
Secondary Insurance Fund:

About Security Bank, Madison, South Dakota as of 9/6/2007 (SD Bank):

• County: Lake
• Security Bank, Madison, South Dakota is NOT being operated in government conservatorship.
• Institution is currently closed but were once insured by the FDIC.
• Member of the Bank Insurance Fund. As of April 1, 2006 BIF was merged together with the Savings Institution Insurance Fund (SAIF) to create a single Deposit Insurance Fund (DIF). All FDIC insured BIF member institutions, that are still active or open, are now insured members of DIF.
• Includes commercial banks insured by the FDIC. These institutions are regulated by one of the three Federal commercial bank regulators (FDIC, Federal Reserve Board, or Office of the Comptroller of the Currency). They submit financial reports to the Federal Reserve (state member banks) or the FDIC (state non-member banks and national banks).
• Includes institutions insured by the FDIC.
• Security Bank, Madison, South Dakota is state chartered.
• Bank Holding Company Type: Sioux Falls
• Regulator: FDIC
• Metropolitan Statistical Area (MSA):
• Office of Thrift Supervision Region: Midwest
• FDIC Supervisory Region: Kansas City
• Federal Reserve District: Kansas City
• Bank Holding Company (Regulatory Top Holder):
• Regulatory holding company state location:

Office: 3 Security Bank, Madison, South Dakota Branch/Bank Locations

_{*Data by The Federal Deposit Insurance Corporation (FDIC)}