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Security Federal Corp
238 RICHLAND AVENUE NORTHWEST
Phone: (803) 641-3000p:803 641-3000 AIKEN, SC  29801  United States Ticker: SFDLSFDL

Business Summary
Security Federal Corporation is a bank holding company for Security Federal Bank (the Bank). The principal business of the Bank is accepting deposits from the general public and originating commercial real estate loans, commercial business loans, consumer loans, as well as mortgage loans to buy or refinance one-to-four family residential real estate. The Bank also originates construction loans on single-family residences, multi-family dwellings and projects, and commercial real estate, as well as loans for the acquisition, development and construction of residential subdivisions and commercial projects. In addition, the Bank operates Security Federal Trust and Investments, a division of the Bank that offers trust, financial planning and financial management services. The Bank has two wholly owned subsidiaries, Security Federal Insurance, Inc. (SFINS) and Security Federal Investments, Inc. (SFINV). The Bank operates approximately 18 branch offices.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2022YesYes--Yes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chief Executive Officer, Chairman of the Board, Chief Executive Officer of the Bank J. ChrisVerenes 66 1/1/2012 1/1/2012
Independent Chairman of the Board Timothy W.Simmons 77 1/1/2012 1/1/1983
President, Director of Security Federal and the Bank Roy G.Lindburg 62 6/6/2014 1/1/1995
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
SECURITY FEDERAL BANK 238 RICHLAND AVENUE WEST AIKEN SC US

Business Names
Business Name
Security Federal Bank
Security Federal Investments, Inc.
SFDL

General Information
Number of Employees: 247 (As of 12/31/2022)
Outstanding Shares: 3,240,819 (As of 12/31/2023)
Shareholders: 291
Stock Exchange: OTC
Federal Tax Id: 570858504
Fax Number: (803) 641-3046


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Monday, March 18, 2024