Security National Bank: Sioux City, IA
Security National Bank is a privately held community bank founded in 1884 and owned by Security National Corporation, operating 14 branches across Iowa and South Dakota. It provides consumer and business banking, agricultural lending, insurance, and a wealth management division specializing in South Dakota trust situs services for high-net-worth clients.
- Company typePrivate
- Founded1884
- HeadquartersSioux City, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Security National Bank: Sioux City, IA does
Security National Bank (Sioux City, IA) is a privately held community bank founded in 1884 and operated as a subsidiary of Security National Corporation, an Iowa-domiciled bank holding company. The institution operates 14 full-service branches across Iowa (Sioux City, Orange City, Akron, Sheldon, Moville, Mapleton, and Lawton) and South Dakota (North Sioux City / Dakota Dunes and two Sioux Falls locations), including what was historically described as Iowa's largest free-standing drive-through facility (Motor Bank) and a 7-day in-store HyVee Marketplace branch. The bank's product suite spans consumer depository products (checking, savings, CDs), consumer and mortgage lending, agricultural lending, commercial and small-business banking (including PPP loans), a full-service insurance agency (auto, home, farm, crop, life, health, business, annuities), and a Wealth Management Division delivering investment management, retirement planning, trust and estate planning, employer retirement plans, and a specialty Strategic Trust Situs service leveraging South Dakota's favorable trust jurisdiction.
The bank generates revenue primarily through net interest income on its loan portfolio (agricultural, mortgage, consumer, and commercial), recurring banking fees and service charges (overdraft, wire, debit card), fee-based wealth management and trust administration, and commissions from its affiliated insurance agency. Customer segments are led by individual consumers and small-to-medium-sized businesses across the Siouxland region, supplemented by high-net-worth trust clients served nationally through the South Dakota situs franchise and by farmers requiring specialized operating, real estate, and crop-insurance financing. The wealth management arm is supported by experienced credentialed officers, including a Senior VP/Trust Officer with a J.D. and 35+ years of trust administration experience dual-bar licensed in Nebraska and South Dakota.
The bank runs on standard commercial-banking core technology infrastructure, supplemented by consumer-grade digital channels (a mobile banking app with mobile deposit, Zelle P2P payments, Face/Touch ID, card controls, and credit-score viewing; online banking; and integrations with Apple Pay, Google Pay, and Samsung Pay). Back-office and product platforms are outsourced to established third-party providers: Elan Financial Services for credit cards, Schwab Retirement Plan Services for 401(k) plan administration, AdviceWorks for brokerage, and Mortgage Hub for mortgage loan origination and servicing. The go-to-market motion is relationship-led and community-embedded, anchored by physical branches with local decision-making, multi-generational customer relationships, community sponsorships, monthly educational seminars (Cannon Estate Planning Teleconferences, the 2026 SNB Ag Seminar), and the "Security Matters" monthly email newsletter. The bank is FDIC-insured and designated an Equal Housing Lender; no public ticker is listed and Security National Corporation has not disclosed institutional or private-equity ownership.
Security National Bank: Sioux City, IA firmographics
Firmographics- Name
- Security National Bank: Sioux City, IA
- Legal name
- Security National Corporation
- Website
- https://snbonline.com
- Company type
- Private
- Founded year
- 1884
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Security National Bank is a privately held community bank founded in 1884 and owned by Security National Corporation, operating 14 branches across Iowa and South Dakota. It provides consumer and business banking, agricultural lending, insurance, and a wealth management division specializing in South Dakota trust situs services for high-net-worth clients.
- Ownership category
- akta.pro rank
Security National Bank: Sioux City, IA industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022), Functions Related To Depository Banking, Nec (6099)
- akta.pro industry
- Onshore Private Banking (Domestic HNW/UHNW)Private Banking Custody, Depository & Safekeeping ServicesPrivate Banking Lending (Securities-Backed, Real Estate, Structured Credit)Bank & Credit Union Personal Loans (Unsecured Installment)
Keywords
Where Security National Bank: Sioux City, IA is headquartered
LocationHeadquarters
- HQ city
- Sioux City
- HQ country
- United States
- HQ region
- North America
Offices14 records
Markets served
Security National Bank: Sioux City, IA business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income: Primary revenue from interest earned on loans including mortgage, agricultural, personal, and business loans. The bank offers various lending products with competitive rates.
- Banking Fees and Service Charges: Fees from checking accounts, debit cards, overdraft services, wire transfers, and other banking services.
- Insurance Products: Security National Insurance Agency offers diverse insurance products including life, auto, home, farm, crop, business insurance, health, disability, annuities, and Medicare Supplement through commission-based arrangements.
- Wealth Management Fees: Investment management, retirement planning, trust and estate planning, and brokerage services generating advisory fees and commissions.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Security National Bank: Sioux City, IA product offering
Product offeringCore offering
Security National Bank is a community bank offering personal and business deposit accounts, consumer and commercial loans (including specialized agricultural lending), mortgages, credit cards, wealth management, trust and estate planning with South Dakota trust situs expertise, and insurance products through Security National Insurance Agency. The bank serves individuals, small-to-medium businesses, farmers, and high-net-worth clients through 14 branches in Iowa and South Dakota complemented by mobile and online banking channels.
Product overview
Security National Bank operates as a community bank offering a comprehensive suite of personal and business banking products organized across three main divisions: Consumer Banking (checking, savings, CDs, mortgages, and personal loans), Commercial & Business Banking (business loans, agricultural loans, and PPP loans), and Wealth Management (investment management, retirement planning, trust & estate planning, and strategic South Dakota trust situs services). The bank also operates Security National Insurance Agency as a subsidiary offering insurance products. Digital banking services include mobile banking with check deposit, online banking, and financial planning tools. The bank serves customers across Iowa, South Dakota, and nationally through its trust situs services, with branch locations primarily in the Siouxland region.
Differentiator
Problem solved
Functional benefit
Brands
- Security National Wealth Management: Investment management, retirement planning, trust and estate planning services including South Dakota situs expertise
Products and services
- Checking Accounts
Companies that use Security National Bank: Sioux City, IA
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles3 records
Security National Bank: Sioux City, IA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Security National Bank: Sioux City, IA partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights6 records
Security National Bank: Sioux City, IA competitors and assessment
Company assessmentDirect peers
- Pathward Financial (formerly MetaBank): Sioux Falls, South Dakota-based bank holding company with consumer and commercial banking operations. Same South Dakota situs advantage makes it a direct competitor in the trust and wealth management space.
- First National Bank of Omaha: Privately held community bank headquartered in Omaha, Nebraska with extensive Midwestern branch network offering consumer, commercial, ag, and wealth management services. Closest scale and geographic analog to SNB within the same regional market.
- Heartland Financial USA (HTLF): Dubuque, Iowa-based community bank holding company operating multiple community bank charters across the Midwest, including in Iowa and South Dakota. Same multi-charter community banking model with comparable product suite.
- First Interstate BancSystem: Community bank holding company operating across the Western and Midwestern U.S., with significant presence in South Dakota following the Great Western Bank acquisition. Directly comparable footprint and full-service banking model.
- First Bank & Trust (Brookings, SD): South Dakota-based community bank offering consumer, commercial, ag lending, and wealth management with deep regional roots in eastern South Dakota. Direct competitor in Sioux Falls and surrounding SD markets.
- Liberty National Bank (Sioux City): Local Sioux City community bank offering consumer and commercial banking services. Direct head-to-head competitor in the same primary market for retail and small business banking.
- Northwest Bank: Spencer, Iowa-based community bank serving northwest Iowa with consumer, commercial, and agricultural lending. Direct competitor in overlapping Iowa geographies with similar customer mix.
Emerging players
- Cullen/Frost Bankers: Texas-based bank holding company with strong wealth management and commercial banking focus. Comparable in emphasizing relationship banking and fee income from advisory services, though operating in a different primary geography.
Broad incumbents
- U.S. Bank: Large national bank with major Sioux City and Sioux Falls presence offering full-service consumer, commercial, wealth management, and ag lending. Represents the broad incumbent competition SNB competes against locally.
- Wells Fargo: Major national bank with regional presence in Sioux City and Sioux Falls; customer testimonials explicitly cite former Wells Fargo customers switching to SNB, indicating direct local competitive overlap.
Market position
Strengths3 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Security National Bank: Sioux City, IA social profiles
Digital presenceSecurity National Bank: Sioux City, IA compliance and trust
Trust signalCompliance2 records
Security National Bank: Sioux City, IA financial estimates
Financial estimateRevenue estimate
Valuation estimate
Security National Bank: Sioux City, IA leadership team
Management profileNumber of profiles
Profiles4 records
Security National Bank: Sioux City, IA subsidiaries and ownership
Company hierarchySubsidiaries1 record
Security National Bank: Sioux City, IA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Security National Bank: Sioux City, IA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Security National Bank: Sioux City, IA
What does Security National Bank: Sioux City, IA do?
Security National Bank is a community bank offering personal and business deposit accounts, consumer and commercial loans (including specialized agricultural lending), mortgages, credit cards, wealth management, trust and estate planning with South Dakota trust situs expertise, and insurance products through Security National Insurance Agency. The bank serves individuals, small-to-medium businesses, farmers, and high-net-worth clients through 14 branches in Iowa and South Dakota complemented by mobile and online banking channels.
Is Security National Bank: Sioux City, IA a public or private company?
Security National Bank: Sioux City, IA is a private company. It is classified as unknown and is currently operating.
When was Security National Bank: Sioux City, IA founded?
Security National Bank: Sioux City, IA was founded in 1884. It employs 251 to 500 people.
Where is Security National Bank: Sioux City, IA based?
Security National Bank: Sioux City, IA is headquartered in Sioux City, United States, in the North America region.
How does Security National Bank: Sioux City, IA make money?
Four revenue lines are on record. Interest Income is the primary driver. The others are banking Fees and Service Charges, insurance Products and wealth Management Fees.
Who are Security National Bank: Sioux City, IA's main competitors?
Direct peers on record are Pathward Financial (formerly MetaBank), First National Bank of Omaha, Heartland Financial USA (HTLF), First Interstate BancSystem, First Bank & Trust (Brookings, SD), Liberty National Bank (Sioux City) and Northwest Bank. Cullen/Frost Bankers is listed as an emerging player. Broad incumbents are U.S. Bank and Wells Fargo.
Does Security National Bank: Sioux City, IA have an API?
No public API is recorded for Security National Bank: Sioux City, IA.
What industry is Security National Bank: Sioux City, IA in?
Security National Bank: Sioux City, IA's product category is Community Banking. Its primary akta.pro industry code is FSAAABAA, Onshore Private Banking (Domestic HNW/UHNW), with a secondary code of FSABADAI, Private Banking Custody, Depository & Safekeeping Services. Its NAICS code is 52211 and its SIC code is 6022.