On its 90th anniversary, Security Bank & Trust Company announced the launch of its Local Return commitment. It's a $1 million commitment over the next five years to invest directly in the communities it serves.
For nine decades, the bank’s focus has been simple: keep money local, put it to work, and let Minnesotans see the return. The Local Return initiative makes that mission concrete — $200,000 each year will go back into local organizations, schools, and community projects that strengthen the places Security Bank calls home.
“When people trust us with their deposits, that money fuels the next business on Main Street, the next school upgrade, the next generation of growth,” said Andy Schornack, President of Security Bank & Trust Company “That’s the heartbeat of a community bank. Local Return isn’t a new idea — it’s what we’ve been doing for 90 years. We’re just making it official.”
The initiative will prioritize projects in the counties Security Bank serves with a focus on creating lasting impact for Minnesota families and entrepreneurs.
“The purpose of our giveback goes beyond charity,” Schornack added. “We believe in investment that multiplies, investment that comes home.”
Founded in 1935, Security Bank & Trust Co. has grown from a single branch in Glencoe to a $1.3 billion community bank with 21 offices across Minnesota. The bank serves small businesses, farmers, municipalities, and families with one mission: to help Minnesotans build the lives and communities they believe in.
“Ninety years in, our purpose hasn’t changed. We grow when our communities grow; that’s what Local Return is all about.”
Topics:
