Bank · FDIC insured
Security Bank Minnesota
A $145.1M bank headquartered in Albert Lea, MN, with 3 branches in Minnesota. Best rates: CDs 3.86% and savings 0.75% APY.
Security Bank Minnesota Carrot Score
76
Carrot Score
Higher than 41% of U.S. banks and credit unions
#4 of 8 in Albert Lea, MN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Security Bank Minnesota
Security Bank Minnesota is an employee-owned ESOP community bank that has been operating for more than a century.
The bank maintains branch locations in Albert Lea, Alden, and Emmons, Minnesota.
- Headquarters
- 437 Bridge Ave, Albert Lea, MN 56007
- FDIC certificate
- 10984 ↗
Branches
3 branches in Minnesota
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Minnesota
3 branches
- Security Bank MinnesotaMain office437 Bridge Ave, Albert Lea, MN 56007Directions
- Alden Branch195 N Broadway, Alden, MN 56009Directions
- Emmons201 Main St, Emmons, MN 56029Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.78% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 2.29% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.21% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $86 | $81 | — |
- CapitalLeverage ratio9.78%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent2.29%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.21%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$86Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Security Bank Minnesota are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.