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Bank

Security Savings Bank

bankwithssb.com
300 1st St NW, Hills, MN 56138

Security Savings Bank is a regional community bank serving the Tri-State area of South Dakota, Minnesota, and Iowa from its headquarters in Hills, MN, and branches like Sioux Falls, SD. As an FDIC-insured depository institution, it primarily focuses on deposit accounts, agricultural and commercial loans, and residential mortgages to support local businesses, farmers, and individuals.

Key Statistics

As of December 2025, public records show Security Savings Bank has originated approximately $62.0M in loan volume over the past 12 months, with an average loan size of $398k.

Volume (12mo)

$62.0M

Avg Loan Size

$398k

Total Mortgages

4,988

Total Borrowers

150

Lending Entities

Security Savings Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Security Savings Bank

4,960 mortgages recorded

+1 more not shown

Geography

Security Savings Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Iowa

Mortgages (12mo): 101

Volume (12mo): $34.4M

Total Volume: $1.6B

#2Illinois

Mortgages (12mo): 97

Volume (12mo): $14.3M

Total Volume: $204.5M

#3Minnesota

Mortgages (12mo): 52

Volume (12mo): $12.6M

Total Volume: $109.2M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Security Savings Bank. Click on a borrower to view their full investor profile.

+147 more not shown

FAQ

What type of lender is Security Savings Bank?

Security Savings Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (12%) and personal loans in their portfolio.

What entities does Security Savings Bank fund loans under?

Security Savings Bank originates mortgages through 2 different lending entities. The most common include Security Savings Bank. These are the legal entity names that appear on recorded mortgage documents.

Where is Security Savings Bank most active?

Based on recorded mortgages, Security Savings Bank is most active in Iowa, Illinois, and Minnesota.

How many loans has Security Savings Bank originated?

Public records show 4,988 mortgages recorded for Security Savings Bank, with $62.0M in volume over the past 12 months.

What is the average loan size for Security Savings Bank?

The average mortgage size for Security Savings Bank is $398k based on all recorded mortgages.

Does Security Savings Bank offer short-term loans?

Security Savings Bank primarily offers long-term financing, with only 6% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.