Minnesota Municipal Banking & Finance

Rooted in Minnesota, reinvesting local dollars and equipping our municipalities with the capital and tools to thrive.

Security Bank & Trust Company combines deep local government expertise with proactive financing from critical infrastructure to bridge loans to secure our municipalities’ budgets and fuel our communities' success.

Partnering for Local Government Success

At Security Bank & Trust Co., we’ve helped Minnesota cities, counties and townships optimize cash flow, secure capital projects and underwrite bonds, and since no two municipalities are alike, neither are our solutions.

We promise:

Deposit accounts tailored for municipal and local government agencies.
Collateralization of your deposits pursuant to Minnesota Statute Chapter 118A
Comprehensive cash management and treasury management services.
Bond underwriting for GO and local revenue bonds.
Flexible project-financing structures.
A dedicated municipal banking team that knows Minnesota.

End-to-End Municipal Finance Expertise

Whether you're budgeting for a new public works project, issuing debt for school improvements, improving your city's water and sewer infrastructure, or refinancing existing obligations, our experts will work with you through every step.

Structuring project finance and bond underwriting
Integrating treasury-management platforms
Ongoing refunding capacity and competitive funding rates

We are a leader in Minnesota government bond offerings

Our dedication includes providing access to low-cost capital through the purchase of tax-exempt bonds and lease obligations, helping communities thrive. With bonds impacting 40 cities and counties across Minnesota, our reach extends statewide, reinforcing our commitment to reinvesting in the places we call home. Together, we continue building stronger, more resilient communities.

Our Minnesota Municipal Banking Services

Security Bank & Trust Company is empowering local governments with tailored treasury management, ACH positive pay with payee match, bridge & bond financing, and public fund investments, so our Minnesota municipalities can focus on leading our communities forward.

Deposit Accounts

We are the trusted partner for dozens of townships, cities, and counties across Minnesota. Our dedicated personnel provide timely and accurate support for our municipalities so they can get back to serving their constituents.

Municipal Money Market Account

Our municipal money market account provides municipalities with a competitive high yield money market account that also keeps the local government's money circulating in the local Minnesota economy.

Treasury and ACH Services

We've invested and continue to invest in treasury management products and services to support your needs:

ACH Services
Positive Pay with Payee Match - Checks and ACH
Merchant card services
Online Wire Transfer
Multi-User Online Banking and Managed Access Rights

Municipal Lending

We provide stage-specific banking and municipal bond options to help your community reach the next milestone faster:

Construction projects
General obligation debt
Revenue bonds
Bridge financing for USDA-approved projects
Tax anticipation notes

Neil Schlagel - City Administrator at City of Winsted

Security Bank & Trust Co. has been a great partner for the City of Winsted. The bank has highly competitive investment rates. Adam Birkholz has been an invaluable resource as well. His history working in the public sector has given him valuable insight on how to structure municipal bonds. The city is proud to have Security Bank & Trust Co. as a partner.

Ready to partner with our Municipal Banking Experts?

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Guide to Treasury Management

Dive deeper into our Treasury Management and ACH options for your municipality.

Guide to Treasury Management