Security Federal Company Description
Security Federal Corporation operates as the bank holding company for Security Federal Bank that provides various banking products and services.
It offers various deposit products, such as savings and checking accounts, money market accounts, fixed interest rate certificates with varying maturities, and individual retirement accounts.
The company provides real estate loans comprising commercial real estate loans secured by non-residential commercial properties, churches, hotels, residential developments, and multi-family dwellings; one-to-four family residential real estate loans; and construction loans and loans for the acquisition, development, and construction of residential subdivisions and commercial projects.
In addition, it offers commercial and agricultural business loans secured by business equipment, furniture and fixtures, inventory, and receivables, or unsecured; and consumer loans including home improvements, residential lots, mortgage, automobiles, boats, mobile homes, recreational vehicles, and education.
The company offers trust, financial planning, and financial management services; and insurance agency services, such as auto, business, and home insurance.
Additionally, it invests in various types of liquid assets, including U.S. Treasury obligations and securities of various federal agencies, certificates of deposit at insured institutions, mutual funds, bankers' acceptances, and federal funds, as well as commercial paper and corporate debt securities.
It through branch offices in Aiken, Lexington, Richland and Saluda counties in South Carolina and Columbia; and Richmond counties in Georgia.
The company was founded in 1922 and is headquartered in Aiken, South Carolina.
| Country | United States |
| Founded | 1922 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 258 |
| CEO | J. Verenes |
Contact Details
Address: 238 Richland Avenue Northwest Aiken, South Carolina 29801 United States | |
| Phone | 803 641 3000 |
| Website | securityfederalbank.com |
Stock Details
| Ticker Symbol | SFDL |
| Exchange | OTCMKTS |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| ISIN Number | US8139031012 |
| SIC Code | 6020 |
Key Executives
| Name | Position |
|---|---|
| J. Chris Verenes | Chief Executive Officer and Director |
| Roy G. Lindburg | President and Director |
| Dr. Robert E. Alexander Ed.D. | Secretary and Independent Director |
| Philip R. Wahl II | President of Security Federal Bank |
| Darrell R. Rains | Executive Vice President and Chief Financial Officer |
| Nathan T. Crowe | Senior Vice President and Chief Accounting Officer |
| Anthony J. Ateca | Chief Administrative Officer and Executive Vice President |
| Lesley M. Lampert | Senior Vice President and Chief Compliance Officer |
| Michael C. Strange | Executive Vice President of Community Development and Public Affairs |
| Mallory H. Holley | Senior Vice President and Director of Marketing and Community Relations |