Why Security
Predictable and reliable. It’s what you get with generations of leadership and ownership.
Arthur W. Hoese, Founder of Security Bank & Trust Co.
Our History
Security Bank & Trust Co. was first organized and chartered to commence business on October 10, 1935 as Security State Bank of Glencoe by Arthur W. Hoese.
The bank purchased the building formerly owned by the Bank of Glencoe to start its operation. The first employees were Arthur W. Hoese, President; Frank Heaney, Cashier; Howard Hoese, Bookkeeper; and Dorothy Heaney, Stenographer.
Over the years, the bank expanded into the adjacent Gaines store in Glencoe and furthermore into neighboring communities through starting new branches and acquiring others.
Today, we still operate out of our first location in Glencoe, but we have also added 20 more convenient locations across our Minnesota.
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 alongside 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.
