Security Federal Corporation

Security Federal Corporation operates as the bank holding company for Security Federal Bank that provides various banking products and services It accepts various deposit products such as savings accounts checking accounts various money market accounts fixed interest rate certificates negotiated rate jumbo certificates of deposit and individual retirement accounts The company also originates commercial real estate loans commercial business loans and consumer loans as well as mortgage loans to buy or refinance onetofour family residential real estate and construction loans on singlefamily residences multifamily dwellings and projects and commercial real estate In addition it provides loans for the acquisition development and construction of residential subdivisions and commercial projects Further the company offers trust financial planning and financial management services and operates an insurance agency that offers auto business life health and home insurance products as well as provides insurance premium financing services Additionally it invests in various types of liquid assets including US Treasury obligations and securities of various federal agencies certificates of deposit at insured institutions mutual funds bankers acceptances and federal funds as well as commercial paper and corporate debt securities As of February 8 2021 the company operated 17 fullservice branch offices in Aiken Ballentine Clearwater Columbia Graniteville Langley Lexington North Augusta Ridge Spring Wagener and West Columbia South Carolina and Augusta and Evans Georgia Security Federal Corporation was founded in 1922 and is headquartered in Aiken South Carolina