Ratings and Recognitions
Twenty-one recognitions in three years, from Newsweek to the McLeod County Chronicle.
Twenty-one recognitions in three years. From national ratings agencies, from statewide business media, and from the readers of the two local papers in the towns where we started.
2026
Rated by six organizations in one year
Growth, financial condition, customer satisfaction and the vote of the businesses that bank here. Five national or statewide ratings and one reader vote, all in 2026, all measuring something different.
Inc. 5000, No. 845
Named No. 845 on the 2026 Inc. 5000, the annual ranking of the fastest-growing private companies in America. Placement is verified revenue growth over three years.
Business Journal Fast 50, Honoree
Named a 2026 Fast 50 honoree by the Minneapolis/St. Paul Business Journal, its annual list of the 50 fastest-growing private companies in the Twin Cities. Honorees are chosen on three years of revenue growth verified by an independent accounting firm. Rankings publish October 23, 2026.
Newsweek, 5-Star Rating
A 5-Star rating in America's Best Regional Banks & Credit Unions 2026, from independent research, consumer surveys and customer feedback.
WalletHub, 5-Star Rating
A 5-Star rating on WalletHub's Best Banks in Minnesota list. WalletHub scores from customer reviews on its own platform, which makes this a direct read on what customers say.
GoBankingRates, Top 3 in Minnesota
Ranked among the Top 3 banks in Minnesota on a weighted analysis of assets, fees, rates, services and mobile app ratings.
Voted best business bank in Minnesota, two years running
Twin Cities Business runs a reader vote. In 2026 more than 11,000 votes were cast and Security Bank & Trust Co. took Gold for Best Minnesota Business Bank, repeating the Gold we were given in 2025. In 2025 our commercial lending and wealth management teams placed in the top three in the same year.
Three awards, one year
Gold for Best Business Bank, Bronze for Best Commercial Lender and Bronze for Best Wealth Management Provider, all in 2025, all voted by readers of Twin Cities Business.
Gold, Best Business Bank in Minnesota
Accepted by Gale Hoese, Chief Executive Officer
Repeated as Gold in 2026. If you are comparing banks for a business, this is the award to read.
Bronze, Best Commercial Lender in Minnesota
Accepted by Brian Wagner, Chief Lending Officer
Commercial real estate, equipment, acquisition and construction financing, underwritten and decided by people who work here.
Bronze, Best Wealth Management Provider
Accepted by Marc Hoffmann, Executive Vice President of Trust
In the same year Tina Rosckes, Senior Vice President Trust, was named one of Twin Cities Business 2025 Notable Wealth Managers.
Voted best where we started
The national ratings compare us to banks in every state. These two asked the people who live here. They are reader votes run by the local papers, in the markets where our bankers live, and we won both in back to back years.
Best Bank, Best of Glencoe Area
The McLeod County Chronicle, 2024 and 2025
Our first office opened in Glencoe in 1935. Ninety years later the readers of the county paper voted us Best Bank in their Best of Glencoe Area awards, in two consecutive years. Two branches serve Glencoe today, one of them our corporate office.
Best Mortgage Lender, Best of Carver County
The Sun Patriot, 2024 and 2025
Two consecutive years voted the best mortgage lender in Carver County, by the people buying houses in Chaska, Waconia, Cologne, Hamburg, Mayer and New Germany. Our mortgage decisions are made here, which is usually what people mean when they say local.
What customers say, in their own words
WalletHub, 5-Star Rating
WalletHub scores banks from customer reviews posted on its own platform, not from financial filings. It is the one rating on this page written entirely by the people who bank with us.
What an outside editor said about us
Twin Cities Business, awarding Gold for Community Bank in 2024, wrote that from opening its first location in Glencoe in 1935 to 21 branches today, Security Bank & Trust has served as a community banking pillar, and that its high-touch approach lets employees get to know customers and personalize the bank's services.
Twin Cities Business, Best of Business 2024. Read the citationThe full record, 2024 to 2026
Newest first. The Sun Patriot and the McLeod County Chronicle publish their reader votes in print, so those rows cite the paper and the year.
| Year | Organization | Award | Category or designation | Source |
|---|---|---|---|---|
| 2026 | Inc. | Inc. 5000 | No. 845, fastest-growing private companies in America | View |
| 2026 | Minneapolis/St. Paul Business Journal | Fast 50 | Honoree, 50 fastest-growing private companies in the Twin Cities. Rankings publish October 23, 2026 | View |
| 2026 | Newsweek | America's Best Regional Banks & Credit Unions | 5-Star Rating | View |
| 2026 | WalletHub | Best Banks in Minnesota | 5-Star Rating | View |
| 2026 | GoBankingRates | Best Banks in Minnesota | Top 3 | View |
| 2026 | Twin Cities Business | Best of Business | Gold, Best Minnesota Business Bank | View |
| 2025 | Twin Cities Business | Best of Business | Gold, Best Business Bank in Minnesota | View |
| 2025 | Twin Cities Business | Best of Business | Bronze, Best Commercial Lender in Minnesota | View |
| 2025 | Twin Cities Business | Best of Business | Bronze, Best Wealth Management Provider in Minnesota | View |
| 2025 | Twin Cities Business | Notable Wealth Managers | Tina Rosckes, Senior Vice President Trust | View |
| 2025 | GoBankingRates | Best Banks in Minnesota | No. 3, Bronze Winner | View |
| 2025 | Minneapolis/St. Paul Business Journal | 50 Fastest-Growing Banks in the Twin Cities | No. 3, five-year deposit growth | View |
| 2025 | Newsweek | America's Best Regional Bank & Credit Union Rankings | 5-Star Rating | View |
| 2025 | BauerFinancial | Star Rating | 5-Star, Superior | View |
| 2025 | Minnesota Bankers Association | Community Impact Champion | Listed | View |
| 2024 | Twin Cities Business | Best of Business | Gold, Community Bank | View |
| 2024 | Twin Cities Business | Best of Business | Bronze, Business Bank | View |
| 2025 | The Sun Patriot | Best of Carver County | Best Mortgage Lender | Print edition |
| 2025 | The McLeod County Chronicle | Best of Glencoe Area | Best Bank | Print edition |
| 2024 | The Sun Patriot | Best of Carver County | Best Mortgage Lender | Print edition |
| 2024 | The McLeod County Chronicle | Best of Glencoe Area | Best Bank | Print edition |
What each of these actually measures
They measure different things, and knowing which is which tells you more than any single ranking does.
Financial condition
BauerFinancial rates capital, asset quality and profitability straight from regulatory filings, and gave us 5 stars, its Superior rating. Newsweek weighs profitability, risk exposure and stability alongside customer feedback. These two say the bank is sound. Current figures are in the annual report.
What customers report
WalletHub scores from customer reviews on its own platform. Twin Cities Business, the McLeod County Chronicle and the Sun Patriot are all decided by reader vote. Between them that is the opinion of businesses across Minnesota and of neighbors in Glencoe and Carver County, which are two different endorsements and we hold both.
Growth
The Inc. 5000 is verified revenue growth over three years. It placed us at No. 845 in America, on a list where banks are rare. The Minneapolis/St. Paul Business Journal's Fast 50 measures the same thing across the Twin Cities and named us a 2026 honoree. In 2025 the same publication ranked the 50 fastest-growing banks in the Twin Cities on five-year deposit growth and placed us No. 3, which we wrote about at the time.
Where these were earned
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Security Bank & Trust Co. opened in Glencoe in 1935 and now runs 21 branches across 18 Minnesota communities: Brownton, Cambridge, Chaska, Cologne, Eden Prairie, Glencoe, Hamburg, Isanti, Mayer, Minnetonka, New Auburn, New Germany, North Oaks, Plato, Ramsey, Waconia, Wayzata and Winsted.
Every lending and trust decision described on this page is made by people working in those communities, not in another state.
Rankings are a starting point, not a banking relationship. The useful next step is a conversation with the person who would handle the account.
Contact usWhere to go next
- Our 2026 rankings post, updated as lists publish
- Business lending and commercial real estate
- Business checking and savings
- Trust and wealth management
- Personal accounts
- Why Security Bank & Trust
- Our team
Growing, together.
Awards and ratings are issued by the organizations named and linked above. Ratings reflect the period each organization measured and are not a prediction of future results. Page last reviewed September 2026.