Limited Time CD Special!
10 Month Term 5.26% APY*

* Annual percentage yield (APY) is effective as of 10-2-2023.
Penalty may be imposed for early withdrawal. Fees could reduce earnings.
Minimum deposit of $1,000 required to earn state APY.
Maximum certificate of deposit dollar amount is $250,000.


 Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

The types of personal information we collect and share depend on the product or service you have with us. This information can include: 

  • Social Security Number
  • Payment History
  • Income
  • Transaction or loss history
  • Account balances
  • Account transactions

When you are no longer our customer, we continue to share your information as described in this notice.

 How? All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Security Bank Minnesota chooses to share; and whether you can limit this sharing.


Reasons we can share your personal information  Does Security Bank Minnesota share?  Can you limit sharing? 

For our everyday business purposes -

such as to process you transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

 Yes No

For our marketing purposes -

to offer our products and services to you

No  We don't share 
For joint marketing with other financial companies No  We don't share 

For our affiliates’ everyday business purposes - 

information about your transactions and experiences

 No  We don't share

For our affiliates’ everyday business purposes -

information about you creditworthiness

 No  We don't share
For nonaffiliates to market to you   No  We don't share


Questions?  Call (507) 373-1481 or go to 



Who We Are   
Who is providing this notice? Security Bank Minnesota means the following institutions: Security Bank Minnesota Albert Lea, MN, Security Bank Minnesota Alden, MN and Security Bank Minnesota Emmons, MN 
What We Do  
How does Security Bank Minnesota protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access in appropriate.
How does Security Bank Minnesota collect my personal information?

 We collect your personal information, for example, when you

  • Open an account
  • Provide employment information
  • Pay insurance premiums
  • Apply for financing
  • Give us your income information

We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.

Why can’t I limit all sharing?

 Federal law gives you the right to limit only

  • Sharing for affiliates’ everyday business purposes – information about you creditworthiness
  • Affiliates from using your information to market to you
  • Sharing for nonaffiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.



Companies related by common ownership or control. They can be financial and non-financial companies

  • Security Bank Minnesota has no affiliates 

Companies not related by common ownership or control. They can be financial and non-financial companies.

  • Security Bank Minnesota does not share with nonaffiliates so they can market to you.
 Joint Marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Security Bank Minnesota doesn't jointly market.



CD Specials

10 Months  5.26% APY*
19 Months  4.51% APY*
29 Months  3.90% APY*
$1,000 Minimum balance

*APY = Annual Percentage Yield

Early withdrawal of CD may result in a penalty which would reduce earnings.

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*APR = Annual Percentage Rate

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Check out our Video!

President Tim Lenhart gives a personal introduction to Security Bank Minnesota, and what makes it stand out.  

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