Security Federal: Your Mutual Community Bank

Since 1934 we've protected and grown local weatlth as one of the nation's few mutual community banks - owned entirely by the people who bank here, not by outside shareholders.

What does "Mutual" mean

When you open any deposit account with Security Federal, you become a customer-owner. That ownership structure lets us focus on what benefits you! Safety, service and fair pricing, rather than chasing quarterly stock returns.

Why it Matters to You

Customer-first decisions: Rates, fees, and product changes are designed to serve members, not investors.

Local control: Branch managers and lenders live here and answer to you.

Long-term stability: Mutual banks historically keep higher captial and lower risk profiles.

Voice & vote: As a customer-owner, your feedback directly shapes our direction.

Rooted Here Since 1934

What began on Fourth Street in Logansport has grown to eight branch locations across Cass, Howard, Carroll, Tippecanoe, and Hamilton counties. Still Indiana-owned, Indiana-run.

Keeping Your Money Local

Every dollar you deposit is recycled into loans for neighbors, local businesses and community projects. We never siphon off to Wall Street.

Full-Service Banking Under One Roof

From locally administered Trust & Estate Services to Investment, Insurance, and Treasury Management, you'll find big-bank capabilities delivered by people you know.

Our Core Values & Community Commitment

The team at Security Federal ensures that we remain vital to our communities by following the core values of Courtesy, Safety, and Flexibility.

Our team members are our most valuable resource. Yearly, we invest over $100,000 in team member development and education. This strengthens our institution and, more importantly, the unlimited futures and opportunities ahead for our employees.

We continue to reassure the community of our high ethical standards and the strength of our institution as an active member of the community by providing the markets we serve with 10% of our annual earnings – more than $160,000 yearly – in sponsorships, donations, and charitable contributions.

We lend a hand to those in need through volunteering to help with fundraising events, community improvement projects, and to serve on non-profit boards because we believe in making our corner of the world a better place for everyone to live, work, and play.

Non-Profit Support