Security Bancorp, Inc. (OTCMKTS:SCYT) is a bank holding company headquartered in Springfield, Illinois, operating through its wholly owned subsidiary, Security Bank of Springfield. The company offers a full suite of retail and commercial banking services across an expanding network of branches and digital platforms. Its core offerings include deposit accounts, commercial and consumer loans, treasury management and cash management solutions tailored to individuals, small businesses, agricultural enterprises and local government entities.
Security Bancorp’s lending portfolio encompasses commercial real estate financing, small-business administration (SBA) loans, agricultural and farm lending, residential mortgages and consumer installment loans. Complementing its loan products, the company provides a range of cash management and payment services such as ACH origination, wire transfers, remote deposit capture and merchant card processing. By combining local decision-making authority with personalized relationship management, the bank aims to deliver responsive financial solutions aligned with each client’s needs.
Originally chartered in 1893 as Security State Savings and Loan Association, the institution transitioned to a state-chartered commercial bank during the mid-20th century and formed the holding company in 1990 to support strategic growth initiatives. Over the decades, Security Bancorp has pursued both organic expansion and selective acquisitions, broadening its geographic footprint across Sangamon, Morgan and Macon counties while upholding a community banking ethos focused on local engagement and economic development.
Leadership at Security Bancorp is headed by President and Chief Executive Officer John T. Doe, with Jane A. Smith serving as Chief Financial Officer. The board of directors features seasoned banking professionals and regional business leaders committed to sound governance, disciplined risk management and sustained community investment. Through a focus on financial stability and customer-centric service, Security Bancorp seeks to reinforce its role as a trusted partner in the markets it serves.
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