Security Federal Savings Bank has filed a notice of an exempt offering of securities to raise $10 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Security Federal Savings Bank is raising up to $10 Million in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Security Federal Savings Bank
Security Federal Savings Bank is a mutually owned community bank that has been serving Indiana residents since 1934, focusing on protecting and growing the financial health of its local communities. The banks primary business activities include providing a convenient and safe way for people to save and invest money and offering sound, economical financing for homes, as well as expanding its product line to support economic development and small businesses. As one of the nations few remaining mutual banks, Security Federal is owned by its depositors rather than stockholders, reinforcing its commitment to putting customers first and keeping deposits reinvested in the counties where they are made. Indiana born and bred, the bank has grown from its origins on Fourth Street in Logansport to operating eight full-service branches across Cass, Howard, Carroll, Tippecanoe, and Hamilton counties, with its headquarters remaining in Logansport. Notable achievements highlighted on the site include more than 90 years of continuous service, expansion of services to contiguous counties, and its largest single investment: the opening of a full-service facility in Carmel, Indiana, underscoring its position as a trusted, long-standing community financial institution in north central Indiana.
To learn more, visit https://www.secfed.bank/
LinkedIn: https://www.linkedin.com/company/security-federal-savings-bank/
Contact:
Danny Hosler, Chief Financial Officer
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