Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Security Bank history
Security Bank company history timeline
Originally chartered as Jefferson Savings Bank, it changed its corporate name in 1909 to Jefferson Security Bank.
September 30, 1929: Security Trust and Savings Bank and the First National Bank of Charles City consolidated to form First Security Bank & Trust, the largest bank in the Charles City area.
1935: Officially acquired our first branch office in Marble Rock.
Late 1940: The bank's ownership passed hands from Ellis and Ellis to Ralph Zastrow, E.L. (Jim) Wallaser, W.A. Herbrechtsmeyer, and Merten J. Klaus.
Security Bank was established on June 18, 1951, as Security Bank and Trust Company (SBTC) in Manila, Philippines.
The bank's head office was first located in the Don Roman Santos Building on Plaza Goiti, moving to Escolta in 1954.
In February 1965, First National Bank of Hallstead merged with the Hop Bottom Bank to form Peoples National Bank (PNB) of Susquehanna County.
1986 marked the opening of the Bank's first branch office in Charles Town, West Virginia.
By 1987 a much needed addition nearly doubled the size of this building, the bank's main office.
SBC's stock was also formally listed on the Philippine Stock Exchange on June 8, 1995, with a 1.5 billion-peso initial public offering.
On June 18, 2001, SBC celebrated 50 years of banking in the Philippines, as it continued to live a tradition of banking excellence.
In 2006 the bank opened it's door to two new offices, the Barron office opened in June at the west end of Shepherdstown and in September 2006, the newest office was opened in Sharpsburg, Maryland marking the first office in neighboring Washington County, Maryland.
In April 2009 the bank merged with the Old Forge Bank to create one of the strongest community banks in Northeastern Pennsylvania.
2009: In 2009, First Security Bank & Trust merged with First State Bank of Nora Springs and First State Bank of Riceville, all members of the bank's holding company.
In December 2013, Peoples Neighborhood Bank and Penn Security Bank & Trust Company merged to create Peoples Security Bank & Trust Company.
In April 2014 Peoples Financial Services Corp., the holding company of Peoples Security Bank & Trust Company, began trading on the NASDAQ Stock Market under the ticker symbol “PFIS”.
Since December 2014, the bank expanded into the Lehigh Valley, Greater Delaware Valley, and Luzerne County.
2015: In June, First Security installed the first Interactive Teller Machines in Charles City.
After December 4, 2015 both banks would do business under the name First Security Bank & Trust.
In December 2016, First Security closed its Meservey and Swaledale offices.
In 2016, the bank partnered with Japan's largest bank The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) to bolster its capital and enhance their global capabilities.
The bank's extension continued during 2017 by adding two additional offices to the Lehigh Valley branch network at Emrick Boulevard in Bethlehem Township and Tilghman Street in Allentown.
As of December 31, 2018, Security Bank is the 6th largest in total assets among private domestic universal banks in the country, with total assets of Php 767Bn; 6th largest in loans, with loan portfolio of Php 416Bn, and 5th largest in capital, with capital of Php 109Bn.
Rate how well Security Bank lives up to its initial vision.
Security Bank jobs
Do you work at Security Bank?
Is Security Bank's vision a big part of strategic planning?
Security Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fifth District Savings Bank | 1926 | $8.9M | 33 | - |
| University Of Illinois Employees Credit Union | 1932 | $50.0M | 85 | 2 |
| Town And Country Bank | - | $390,000 | 6 | 5 |
| Spring Bancorp Inc | - | $23.0M | 932 | - |
| Commercial Bank | 1976 | $13.0M | 52 | 26 |
| Great Southern Bank | 1923 | $237.0M | 1,105 | 51 |
| The Equitable Bank | 1927 | $43.0M | 800 | 3 |
| Mercantile Bank of Michigan | 1997 | $1.4B | 420 | 56 |
| Central Bank | 1902 | $650.0M | 37,162 | 108 |
| First Federal Savings & Loan | - | $26.7M | 50 | 2 |
Security Bank history FAQs
Zippia gives an in-depth look into the details of Security Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Security Bank. The employee data is based on information from people who have self-reported their past or current employments at Security Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Security Bank. The data presented on this page does not represent the view of Security Bank and its employees or that of Zippia.
Security Bank may also be known as or be related to Security Bank, Security Bank SB and Security Bank, s.b.