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Security Midwest Bancorp, Inc.

Finance/Banking ~640 employees
Founded
--
Employees (Est.)
~640
32 leaders known
Total Funding
$8.9M
Funding Rounds
1
Last Funding
2025-07-31

About Security Midwest Bancorp, Inc.

Security Bank, established in 1932 in rural South Dakota, is a Midwest, community-based financial partner focused on building strong client relationships through advanced banking technology and superior customer service. With a mission to make a difference in the communities it serves, the bank is expanding into new markets and providing opportunities while maintaining a commitment to personal connections and community support.

Products & Services

Personal Banking:Includes personal loans, online banking, checking, and savings accounts.
Mortgage Services:Offers various loan options and refinancing solutions.
Business Banking:Provides checking, savings, loans, and agricultural financial services.
Online and Mobile Banking:Enhanced secure online banking experience with mobile banking, e-statements, and money management tools under a .BANK domain for added security.

Specialties

Community-focused banking Agricultural financial services Advanced banking technology Secure online banking with .BANK domain

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Initial Public Offering (IPO)
T: -
FT: Initial Public Offering (IPO)
A: 8900000
MR: -
FA: $8.9 million
FAN: 8900000
D: 2025-07-31
FD: 2025-07-31
-
Initial Public Offering (IPO) Latest
2025-07-31
$8.9M

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

D

Danelle Luden

VP Loan Officer

T

Thomas Laird

CEO

J

John Baumiller

President

A

Aaron Johnson

VP Information Technology

K

Kyle Kadinger

VP Accounting

J

Jodi Myburgh

VP of HR & Team Member Development

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Recent News

Security Midwest Bancorp, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Finance/Banking
Company Size
~640 employees (est.)

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