The financial events of the past several weeks have us all wondering about the future of our economy and the banking industry. Most community banks are funded and managed much like local businesses, rather than the larger banks and financial institutions that we have heard so much about.

Security State Bank of Wanamingo is truly a community bank as it is owned and operated by persons living and working in our community. Our bank depends on our local customers for both deposits and loan demand to make it a successful business. We continue to be financially sound and are not involved with high risk investments as larger institutions have experienced. Our deposits are insured by the FDIC up to $250,000.00 (until December 31, 2009).

We are a local business serving local customers and we appreciate your continuing support.