The Security State Bank foundation was founded in 1996. The Foundation, a separate corporation, is directed by a board of employees of Security State Bank and was formed for the purpose of assisting non-profit, 501(c)(3) organizations with their financial needs. The sole source of funding for the foundation is through the profits of Security State Bank. The Foundation grants are separate from the bank’s donation funds. The goal is to be able to assist non-profit groups from the interest income generated from investments made by the foundation.
Priorities have often included youth, elderly, community and low income families, and $1,000 scholarships to local graduating seniors.
The Security State Foundation has given away over $137,000 since its inception in 1996 to approximately 160 organizations, events, programs, and individuals.