Question 1

What is Security Bank (Tulsa)?

Accepted Answer

Security Bank (Tulsa) is a state-chartered commercial bank specializing in relationship-focused banking services for businesses and individuals in the Tulsa metropolitan area. With approximately $919 million in total assets and $812 million in deposits, the bank operates as a community-oriented financial institution emphasizing personal service and direct customer relationships.

The bank is a member of the Federal Reserve System and maintains its status as an S-Corporation. Security Bank focuses primarily on commercial lending, with commercial and industrial loans representing a significant portion of its loan portfolio at approximately $205 million, complemented by real estate lending at $564 million.

Question 2

When was Security Bank (Tulsa) founded?

Accepted Answer

Security Bank (Tulsa) was founded around 1999-2000, with the institution celebrating its 25th anniversary in 2024. According to the bank's own account, "our journey began in a small office with a phone book and a promise to put people first."

The bank was established with a commitment to preserving community banking culture and building meaningful relationships with local businesses and residents. Over its 25-year history, Security Bank has grown from its humble beginnings into a trusted name in the Tulsa business community.

Question 3

Where is Security Bank (Tulsa) headquartered?

Accepted Answer

Security Bank (Tulsa) is headquartered at 10727 E 51st Street in Tulsa, Oklahoma. The bank maintains a single office location that serves as both its headquarters and its primary banking center.

Question 4

Where does Security Bank (Tulsa) operate?

Accepted Answer

Security Bank (Tulsa) operates exclusively in the Tulsa, Oklahoma metropolitan area. The bank maintains one office location in Tulsa County, focusing its services on the local business community and residents.

Despite operating from a single location, the bank provides comprehensive digital banking services that extend its reach throughout the region. Its focused geographic footprint allows the bank to maintain deep relationships with local businesses and community members.

Question 5

What services does Security Bank (Tulsa) offer?

Accepted Answer

Security Bank (Tulsa) offers a comprehensive range of banking services tailored primarily to business clients, including:

Business Banking: Business checking accounts, business lending, commercial and industrial loans, real estate financing, and equipment financing.

Treasury Management Services: Automated Clearing House (ACH) services, remote deposit capture, lockbox services, merchant services for payment processing, and wire transfer services. The bank offers free cost analysis to help businesses identify potential savings and optimize financial operations.

Commercial Lending: The bank specializes in commercial lending with a portfolio exceeding $205 million in commercial and industrial loans and $564 million in real estate-secured loans. Loan officers, including Chartered Financial Analysts, work directly with business owners to structure customized financing solutions.

Personal Banking: Personal checking and savings accounts, consumer loans, and wealth-building services for individuals and families.

Digital Banking: Mobile banking app with mobile check deposit, online banking platform, digital bill pay, account-to-account transfers, and online wire transfers at reduced fees.

Question 6

What makes Security Bank (Tulsa) unique?

Accepted Answer

Security Bank (Tulsa) distinguishes itself through its unwavering commitment to relationship banking in an increasingly automated financial services landscape. The bank's philosophy centers on personal interactions, with customers recognized by name and served by familiar faces.

Personal Service Model: The bank maintains a deliberately small footprint with one office and approximately 65 employees, allowing for intimate customer relationships. Bank staff know customers, their families, and their business aspirations, treating banking relationships as partnerships rather than transactions.

Community Banking Culture: In contrast to larger institutions, Security Bank emphasizes live interactions, direct communication with decision-makers, and customized solutions. Business owners work directly with experienced commercial lenders who have authority to structure deals creatively.

Strong Financial Performance: The bank demonstrates exceptional financial performance with a Return on Assets (ROA) of 2.29% and Return on Equity (ROE) of 20.54%, significantly outperforming industry averages. This strong performance reflects efficient operations and sound credit quality.

Commercial Lending Expertise: With commercial and industrial loans comprising a substantial portion of its portfolio, the bank has developed specialized expertise in serving business clients. The lending team includes Chartered Financial Analysts who provide sophisticated financial guidance.

Question 7

What type of financial institution is Security Bank (Tulsa)?

Accepted Answer

Security Bank (Tulsa) is a state-chartered commercial bank that operates as a member of the Federal Reserve System. The bank is regulated by the Federal Reserve Board and maintains FDIC insurance for deposit accounts.

As a commercial bank, Security Bank focuses primarily on business banking services, including commercial lending, treasury management, and business deposit accounts. The bank maintains S-Corporation status for tax purposes and operates under the holding company Pawnee Holding Co Inc (RSSD ID: 1494343).

The bank holds a commercial lending specialization designation, reflecting its expertise and focus on serving business clients. Unlike national banks, Security Bank operates under a state charter, which provides flexibility in its operations while maintaining full federal regulatory compliance and deposit insurance protection.

Question 8

How does Security Bank (Tulsa) support the local business community?

Accepted Answer

Security Bank (Tulsa) has built its reputation on actively supporting local business growth and entrepreneurship. The bank provides hands-on support for business owners at every stage, from startup financing to expansion planning.

Business owners benefit from direct access to experienced lenders who take time to understand their operations, industry challenges, and growth aspirations. The bank offers complimentary cost analysis services to help businesses identify opportunities to reduce banking costs and improve financial efficiency.

Security Bank's commercial lending team works closely with clients to structure customized financing solutions that align with business needs and cash flow patterns. This personalized approach has made the bank a trusted partner for entrepreneurs, mom-and-pop shops, and established businesses throughout the Tulsa area. The bank's commitment extends beyond lending to include comprehensive treasury management services that streamline business operations and improve financial management.

Security Bank (Tulsa)

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About Security Bank (Tulsa) in the United States