What Security State Bank & Trust does

Security State Bank & Trust is a privately-held, Texas state-chartered community bank founded in 1941 in Fredericksburg, operating 18 branches across 11 counties in the Texas Hill Country and Fort Worth metropolitan area, with $2.2 billion in total assets and a workforce of 101–250 employees. The bank delivers a full-service retail and commercial banking platform — including personal and business checking, savings, CDs, IRAs, consumer and mortgage loans (conventional, jumbo, FHA, USDA, VA, construction, manufactured home), commercial real estate, SBA loans (7A, Express, 504) as a Preferred Lender, farm and ranch lending, treasury solutions, and merchant services — supported by a top-rated mobile app, online banking, 21 surcharge-free ATMs, and Interactive Teller Machines (ITMs) with live video teller capability.

Revenue is generated primarily through interest income on the loan portfolio (mortgages, consumer, commercial, SBA, farm/ranch) with secondary streams from deposit account fees, transaction-based treasury and merchant services, and fee-based wealth management delivered through the wholly-owned SSB&T Wealth Management subsidiary (an SEC Registered Investment Advisor). Go-to-market is relationship-based, executed through in-branch Regional and Branch Presidents, dedicated loan officers (including a dedicated SBA office in Spring), and treasury solutions teams, with marketing concentrated in local publications, community sponsorships, and financial literacy programs.

The bank is led by Chairman and CEO Dan Kemp and President Tish Perez (appointed in June 2026 as the first woman in the role in the bank's 85-year history), and operates under Texas Department of Banking oversight with FDIC insurance and NMLS #402941 registration. Current strategic direction emphasizes organic geographic expansion into Johnson City, Fort Worth, and Weatherford, deepened SBA and merchant services offerings through partnerships (Fitech Payments, American Express, TIB, Deluxe), and brand reinforcement through consistent "Best Bank" recognition in local markets.

Name

Security State Bank & Trust

Legal name

Security State Bank & Trust

Website

https://ssbtexas.com

Company type

Private

Founded year

1941

Operating status

Operating

Headcount range

101–250 employees

Short description

Security State Bank & Trust is a privately-held Texas community bank founded in 1941, operating 18 branches across 11 Hill Country and DFW-area counties with $2.2 billion in assets, serving consumers, small businesses, agricultural operators, and high-net-worth clients through full-service retail, commercial, SBA, and wealth management offerings.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Trusts, Estates, and Agency Accounts (52592)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Private Banking Custody, Depository & Safekeeping Services (FSABADAI)

akta.pro secondary industries

Corporate Trust Services (Trustee, Agent & Escrow Roles) (FSAEAKAB), Directed Trust & Trust Advisory Services (FSAAANAK)

Keywords

• Community banking services
• Commercial lending solutions
• Small business loans
• Wealth management services
• Consumer mortgage lending

Headquarters

HQ city

Fredericksburg

HQ country

United States

HQ region

North America

Offices23 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income from Lending: Primary revenue stream from interest charged on mortgage loans, auto loans, commercial real estate loans, business lines of credit, SBA loans, and consumer loans. Loan types include conventional, jumbo, FHA, USDA, VA, and construction loans.
2. Deposit Account Fees and Service Charges: Monthly service charges on certain checking accounts (Business Interest Checking $10, Commercial Business Checking $12), overdraft fees ($30 per overdraft), and withdrawal fees exceeding monthly limits.
3. Treasury and Cash Management Services: Fees for ACH and wire processing, remote deposit capture, payroll cards, business credit cards, purchasing cards, and positive pay fraud protection.
4. Merchant Services: Payment processing revenue from merchant card transactions. Offers traditional POS, mobile card readers, virtual terminals, and integrated POS solutions through partner Fitech Payments.
5. Wealth Management and Trust Services: Fee-only wealth management, investment management, estate planning, and trust administration services through SSB&T Wealth subsidiary.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Security State Bank & Trust is a state-chartered Texas community bank providing deposit accounts (checking, savings, CDs, IRAs), consumer and mortgage loans, business banking (checking, savings, lines of credit, commercial real estate, farm and ranch, SBA 7(A)/Express/504 loans), Treasury Solutions and Merchant Services, plus wealth management and trust services through its SSB&T Wealth subsidiary. It serves retail and business customers across 18 branches in 11 Texas counties via in-person service, a mobile app, online banking, ITMs, and dedicated loan officers.

Product overview

Security State Bank & Trust is a community bank offering a comprehensive suite of personal, business, and wealth management products. The core banking platform encompasses personal checking (Simply Free Checking, Top-Tier Interest Checking, Security 50 Checking), savings accounts (Choice Money Market, Personal Savings), CDs, IRAs, and credit cards (Low Rate, World/Preferred Points Rewards). Loan products span mortgages (conventional, jumbo, FHA, USDA, VA, construction, manufactured home), auto loans, debt consolidation, and consumer loans. Business offerings include checking accounts (Simply Free Business, Business Interest, Commercial Business), business savings/CDs, business credit cards, lines of credit, commercial real estate/construction, farm and ranch loans, SBA loans (7A, Express, 504 as Preferred Lender), treasury solutions (ACH/wires, remote deposit capture, payroll cards, positive pay), and merchant services with POS terminals. SSB&T Wealth, a subsidiary SEC Registered Investment Advisor, provides wealth management, trust and estate services, and investment management. All products are integrated through the bank's Mobile & Online Banking platform supporting Apple Pay, Samsung Pay, and Google Pay.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Tiered personal checking accounts (Simply Free, Top-Tier Interest, Security 50) for individual consumers, offering no-fee, interest-bearing, and senior-friendly options respectively.
• Personal Savings Accounts Personal savings vehicles including Choice Money Market for higher-rate savings and a basic Personal Savings account, both FDIC-insured.
• Certificates of Deposit (CDs) Personal time deposits offering guaranteed fixed interest rates over 3-12 month terms, FDIC-insured up to $250,000.
• Individual Retirement Accounts (IRAs) Retirement savings accounts available as Traditional or Roth IRAs, with CD investment options for tax-advantaged long-term saving.
• Personal Credit Cards Personal credit cards including a Low Rate Card for affordability and a World/Preferred Points Rewards Card for cash back and travel rewards, both with no annual fee.
• Mortgage and Home Loans Home purchase and refinance financing including conventional, jumbo, FHA, USDA, VA, alternative income, and a Community Cares program for first responders and educators.
• New Construction Loans Financing for lot loans, construction loans, and bridge loans covering needs during new home construction.
• Manufactured Home Loans Loans for manufactured homes including home-only, land and lot, and construction-to-permanent mortgages for homes permanently attached to land.
• Auto Loans Vehicle financing for cars, motorcycles, and ATVs from dealers and private sellers, with rates based on WSJ Prime.
• Debt Consolidation Loans Loans that roll up existing debts into a single payment at potentially lower interest rates, simplifying personal finances.
• Other Consumer Loans (Boats, Aircraft, RVs, ATVs) Financing for boats, aircraft, motorcycles, ATVs, and other recreational vehicles, with rates based on WSJ Prime.
• Business Checking Accounts Tiered business checking accounts (Simply Free, Business Interest, Commercial Business) for small to mid-sized Texas businesses with no-fee, interest-bearing, and complex-need options.
• Business Savings Accounts Business savings vehicles including Business Choice Money Market and a no-fee Business Savings account.
• Business Certificates of Deposit (CDs) Business time deposits with 3-12 month terms, $500-$1,000 minimum deposits, FDIC-insured up to $250,000.
• Business Credit Cards Business credit cards including a no-fee Standard Card and a $49 Preferred Points Rewards Card with cash back, travel, and merchandise redemption.
• Business Lines of Credit Flexible revolving credit lines for operational funding, with interest only on the amount drawn, usable for vehicle purchases, inventory, floor plans, and working capital.
• Commercial Real Estate & Construction Loans Commercial loans for construction, permanent real estate, development, capital improvement, and refinancing of existing commercial loans.
• Farm and Ranch Loans Agricultural financing services for farming and ranching operations, supporting land acquisition, operating capital, equipment, and livestock needs.
• SBA Loans SBA Preferred Lender Program loans including SBA 7(A) ($25,000-$5M), SBA Express ($25,000-$500,000 revolving), and SBA 504 (real estate/building acquisition) for small business owners and entrepreneurs.
• Treasury Solutions Business cash management services including ACH and wire processing, remote deposit capture, payroll cards, purchasing cards, and positive pay fraud prevention.
• Merchant Services Merchant payment processing solutions offering POS retail terminals, mobile card readers, e-commerce virtual terminals, and integrated POS systems through Fitech Payments partnership.
• Mobile & Online Banking Platform Digital banking service enabling account management, mobile deposits, fund transfers, bill pay, P2P payments, debit card controls, budgeting tools, and mobile wallet integration (Apple Pay, Samsung Pay, Google Pay).
• SSB&T Wealth Management and Trust Services Fee-only wealth management, investment management, retirement income planning, estate planning, trust administration, and business succession planning delivered through SSB&T Wealth Management, LLC, an SEC Registered Investment Advisor subsidiary.

Quantifiable outcome

• $2.2 billion in assets demonstrates scale to serve all banking needs
• +2 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• American ExpresscoreTechnology or IntegrationSecurity State Bank & Trust is an authorized delegate of American Express Travel Related Services Company, Inc. and American Express Prepaid Card Management Corporation under Chapter 151 of Texas Finance Code for money transmission and currency exchange business.
• TIB (The Independent BankersBank)minorGTM or Marketing PartnerJoint marketing partner for credit cards and payroll cards as part of bank's product offerings.
• DeluxeminorGTM or Marketing PartnerJoint marketing partner for merchant card processing services.
• SSB&T Wealth Management, LLCcoreGTM or Marketing PartnerAffiliate company for wealth management joint marketing. SSB&T Wealth is a subsidiary of Security State Bank & Trust offering investment management, estate planning, and trust services.
• Fitech Payments, LLCcoreTechnology or IntegrationFitech Payments is a registered ISO of Fifth Third Bank, National Association providing payment processing technology. Offers traditional POS, mobile card readers, virtual terminals, and integrated POS solutions for merchants through Security State Bank & Trust.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Independent Bank Group: Texas-based community bank holding company headquartered in McKinney, Texas, operating branches across Texas and Colorado. Comparable to SSB&T as a Texas-headquartered community bank with similar commercial and consumer product offerings, although meaningfully larger in asset base.
• Cullen/Frost Bankers (Frost Bank): Texas-headquartered bank holding company operating Frost Bank, with deep Texas commercial and consumer banking franchise. Comparable to SSB&T for its Texas community/middle-market banking model, commercial real estate lending, and strong regional brand identity — though at materially larger scale.
• First Financial Bankshares: Abilene, Texas-based bank holding company with a multi-city Texas community bank franchise. Comparable to SSB&T as a Texas-rooted, multi-branch community bank focused on commercial and consumer banking with strong local brand recognition in smaller and mid-sized Texas markets.
• Prosperity Bancshares: Houston, Texas-based bank holding company with a large Texas community banking franchise built through both organic growth and acquisitions. Comparable to SSB&T in its Texas community bank orientation, broad commercial and consumer product set, and emphasis on relationship-based lending.
• Texas Capital Bancshares: Dallas, Texas-based bank holding company with a Texas-focused commercial banking franchise. Comparable to SSB&T for its Texas footprint and emphasis on commercial lending, treasury management, and business banking customers — though with a more commercial-lending-tilted mix.
• Cadence Bank: Multi-state regional bank with significant Texas presence following its Texas-based mergers. Comparable to SSB&T for its Texas commercial and consumer banking offerings, treasury/merchant services, and small-business lending focus.
• Simmons First National Corporation: Arkansas-headquartered community bank holding company with expanding Texas footprint. Comparable to SSB&T as a community bank operating across multiple southern states with commercial and consumer banking products, SBA lending, and treasury services.
• Glacier Bancorp: Multi-state community bank holding company operating a network of community banks across the western United States. Comparable to SSB&T as a decentralized community banking model with commercial lending, mortgage, and wealth management subsidiaries serving smaller markets.
• Pinnacle Financial Partners: Nashville-based community bank holding company serving the Southeast and Texas through a relationship-focused commercial and consumer banking model. Comparable to SSB&T for its emphasis on local-decision-making, commercial lending, and wealth services in mid-sized markets.

Broad incumbents

• JPMorgan Chase: Largest U.S. bank with a dominant Texas retail and commercial banking presence. Competes with SSB&T across consumer deposits, mortgages, small-business banking, and treasury services in the bank's Texas footprint, but operates at vastly greater scale and with a fundamentally different (national) distribution model.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Security State Bank & Trust