Living Our Values
We believe in providing a stable, enjoyable working environment that individuals want to work in and others want to work with. Our values are:
- Great People
- Straight Talk
- Going the Extra Mile
- Common Sense
- Results, Not Promises
- Teamwork
It’s important that integrity, respect, and friendly service are always present while we work together to provide the best financial solution.
History

Security Bank & Trust Co. was first organized and chartered to commence business on October 10, 1935 as Security State Bank of Glencoe by A.W. Hoese. The bank purchased the building formerly owned by the Bank of Glencoe to start its operation. The first employees were A. W. Hoese, President; Frank Heaney, Cashier; Howard Hoese, Bookeeper; and Dorothy Heaney, Stenographer.
Over the years, the bank expanded into the adjacent Gaines store in Glencoe and furthermore into neighboring communities throughout McLeod, Carver, and Sibley counties. Today, we still operate out of our first location in Glencoe, but we have also added twelve more to provide 13 convenient locations across our eleven communities. We’ve grown because our customers have trusted us – with their business, their farms, their savings, their retirements, and their everyday banking needs. We are forever grateful that we have grown along side our customers’ successes.

From Arthur Hoese to his son Clayton Hoese, and now our current CEO, Gale Hoese; the Hoese family continues to lead on the same principles by which it was founded: personal relationships, trust, and community involvement.
Technology
Banking needs are changing. We understand and are investing in delivering cutting-edge technologies to improve your customer experience and access to information 24/7: mobile, tablet, or online. Reinvesting in technology and expanding our branch network allow us to continue to deliver next-generation banking services to a growing number of communities.