Security Bank, Madison, South Dakota - South Dakota Bank
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Security Bank, Madison, South Dakota
325 N.E. Second Street
Madison, South Dakota 57042
Bank Web Address: http://www.bankingwithsecurity.com:80/
Active: No
FDIC Certificate #: 16220
Security Bank, Madison, South Dakota Established Date: 1/2/1945
Insurance Fund Membership: Bank Insurance Fund (BIF)
Secondary Insurance Fund:
Structural event relating to an institution: Merger - Without Assistance
Bank Charter Class: NM - commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Information about Security Bank, Madison, South Dakota as of 9/6/2007 (SD Bank):
- Lake, South Dakota
- Institution is currently closed but were once insured by the FDIC.
- Security Bank, Madison, South Dakota is NOT being operated in government conservatorship.
- 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).
- 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 institutions insured by the FDIC.
- Security Bank, Madison, South Dakota is state chartered.
- Regulator: FDIC
- Bank Holding Company Type: Sioux Falls
- Metropolitan Statistical Area (MSA):
- FDIC Supervisory Region: Kansas City
- Office of Thrift Supervision Region: Midwest
- Federal Reserve District: Kansas City
- Regulatory holding company state location:
- Bank Holding Company (Regulatory Top Holder):
*Data by FDIC
