SSB
SSB
- Company typePrivate
- Founded1897
- HeadquartersWellington, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What SSB does
Security State Bank (SSB) is a privately-held, state-chartered community bank headquartered at 101 N. Washington Ave. in Wellington, Kansas, founded in 1897 and operating continuously from its original location on Wellington's historic main street. The bank serves individuals, small-to-medium businesses, and agricultural borrowers in Sumner County through a single physical branch supported by a four-lane drive-thru, a 24-hour surcharge-free ATM, and digital channels including iOS/Android mobile apps, online banking (powered by DCI), and SMS banking. It is FDIC-insured and operates as an Equal Housing Lender.
The bank's product portfolio spans 12 checking account variants (Basic, Regular, Go Green, Student/Senior/Club, Secure Choice, Secure Choice 50, Go Green Plus, NOW, Super NOW, Money Market, Business, and Small Business Checking) and 6 savings products (Personal, Business, Premier, Christmas Club, Safari Savers Kids, and Non-Profit/Club). Lending offerings cover residential real estate, agricultural, commercial, and consumer loans, with all credit decisions made locally for fast approval. Supporting services include three debit card variants (SSB Building, Crusader MasterMoney, SSB Business) at $12 annual fee, Visa/MasterCard/Discover/AmEx merchant processing, safe deposit boxes ($8–$30/year), and financial calculators.
SSB's revenue is generated primarily through net interest income on local loans, supplemented by deposit account service charges, debit/credit card fees, safe deposit box rentals, and merchant processing fees. Card fraud is monitored via the Falcon Fraud Scoring third-party service. The bank operates with a lean team of 8 officers and 5 directors (approximately 13 total), with Steve Randels serving as President/CEO. There is no parent company, no disclosed funding rounds, no M&A activity, and no regulatory actions on record.
SSB firmographics
Firmographics- Name
- SSB
- Legal name
- Security State Bank
- Website
- https://ssbwellington.com
- Company type
- Private
- Founded year
- 1897
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SSB
- Ownership category
- akta.pro rank
SSB industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Public Sector Retail Banks (State-Owned Commercial Banks) (FSABAKAL)
Keywords
Where SSB is headquartered
LocationHeadquarters
- HQ city
- Wellington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SSB business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Interest Income from Lending: Interest income from residential real estate loans, agricultural loans, commercial loans, and consumer loans. All loan decisions made locally at competitive interest rates with flexible terms.
- Deposit Account Fees: Monthly service fees, minimum balance fees, excess item fees, and quarterly service fees on various checking and savings accounts
- Card Services: Annual fees for debit cards ($12.00 per card), credit card processing services for merchants accepting VISA, MasterCard, Discover, American Express
- Safe Deposit Boxes: Annual rental fees for safe deposit boxes ranging from $8.00 to $30.00 depending on size
- Merchant Services: Business credit card processing services allowing merchants to accept various card types with tailored fee structures
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | SSB Building Debit Card, Crusader MasterMoney Debit Card, SSB Business Debit Card |
| Unit Pricing | Annual | Safe Deposit Box Sizes |
| Subscription | Monthly | Basic Checking Account |
| Subscription | Monthly | Regular Checking |
| Transaction based/ take rate | Monthly | Business Checking |
| Subscription | Quarterly | Personal Savings Account |
| Subscription | Quarterly | Premier Savings Account |
| Subscription | Annual | Christmas Club Savings |
| Subscription | Monthly | Safari Savers Kids Savings |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels3 records
SSB product offering
Product offeringCore offering
Security State Bank is a traditional community bank providing deposit products (checking, savings, money market, NOW), lending products (residential real estate, agricultural, commercial, consumer), debit and credit cards, merchant card processing, safe deposit boxes, and digital banking (online, mobile, SMS). All loan decisions are made locally at the Wellington, Kansas branch to support quick approvals with competitive rates and flexible terms.
Product overview
Security State Bank is a traditional community bank offering a comprehensive suite of deposit and lending products. The product portfolio includes 12 distinct checking account types (Basic, Regular, Go Green, Student/Senior/Club, Secure Choice 50, Secure Choice, Go Green Plus, NOW, Super NOW, Money Market, Business, and Small Business Checking), 6 savings account options (Personal, Business, Premier, Christmas Club, Safari Savers Kids, and Non Profit/Club), 4 loan categories (Residential Real Estate, Agricultural, Commercial, and Consumer), and 3 debit card variants (SSB Building, Crusader MasterMoney, and SSB Business). Supporting services include Visa and business credit cards, merchant processing, safe deposit boxes, mobile and SMS banking, web statements, and online financial calculators. The bank operates a single-location branch with drive-thru services in Wellington, Kansas.
Differentiator
Problem solved
Functional benefit
Brands
- SSB Building Debit Card: Debit card product with $12.00 annual fee
- Crusader MasterMoney Debit Card
- SSB Business Debit Card
Products and services
- Basic Checking
- Regular Checking
- Go Green Checking
- Student, Senior, or Club Checking
- Secure Choice 50 Checking
- Secure Choice Checking
- Go Green Plus Checking
- NOW Account
- Super NOW Account
- Money Market Deposit Account
- Business Checking
- Small Business Checking
- Personal Savings Account
- Business Savings
- Premier Savings Account
- Christmas Club Savings
- Safari Savers Kids Savings
- Non Profit/Club Savings
- Residential Real Estate Loans
- Agricultural Loans
- Commercial Loans
- Consumer Loans
- SSB Building Debit Card
- Crusader MasterMoney Debit Card
- SSB Business Debit Card
- Visa Consumer Credit Card
- Visa Business Credit Card
- Business Credit Card Processing
- Safe Deposit Boxes
- Mobile Banking
- Online Banking
Quantifiable outcome
- Quick local loan approval process with all decisions made locally
- +1 more outcomes
Companies that use SSB
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles3 records
SSB technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature1 record
SSB partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Falcon Fraud ScoringcoreThird-party fraud monitoring system used to monitor debit card activity for fraudulent or unusual transactions. When fraud is suspected, a temporary block is placed on the card and a representative contacts the customer.
- VisacoreCard network for credit card processing and debit card services. Visa consumer and business credit card applications available through the bank.
- MasterCardcoreCard network for credit card processing and debit card services. MasterCard SecureCode registration available for online purchases.
- DiscovercoreCard network for merchant services allowing businesses to accept Discover cards.
- American ExpresscoreCard network for merchant services allowing businesses to accept American Express cards.
- Deluxe ChecksminorCheck printing partner offering single/wallet or business checks available for pickup at any bank location within 5 business days.
- DCI (Data Center Inc)coreTechnology provider powering the bank's online banking platform (Telepc.net/ssbwellington). Provides secure online banking infrastructure.
- CardSupportCenterminorThird-party platform for Visa consumer and business credit card applications. Applications can be mailed or dropped off at bank locations.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
SSB competitors and assessment
Company assessmentDirect peers
- Emprise Bank: Wichita-headquartered, family-controlled community bank offering commercial, ag, mortgage, consumer, and treasury products across Kansas. Directly comparable as an independent Kansas community bank with a similar full-service deposit and lending model.
- Country Club Bank: Kansas City metro community bank providing personal, business, mortgage, and wealth management services. Comparable to SSB as an independent community bank competing for retail and small-business deposits and loans.
- Sunflower Bank, N.A. Kansas-headquartered community bank offering commercial, agricultural, mortgage, and consumer lending alongside deposit products across the state. Highly comparable to SSB in product mix, agricultural lending focus, and community-bank positioning.
- Intrust Bank: Wichita-based community bank serving Kansas with deposit accounts, business banking, ag lending, mortgages, and treasury management. Directly comparable in geography, scale of community presence, and full-service community banking model.
- Meritrust Credit Union: Wichita-based credit union serving consumers and small businesses with checking, savings, lending, and digital banking. Comparable to SSB as a Kansas-headquartered retail depository and lender competing in overlapping geographies.
- CommunityAmerica Credit Union: Large Kansas-based not-for-profit credit union offering consumer and business deposit accounts, lending, and merchant services. Directly competes with SSB for retail and small-business customers in the same regional market.
- Equity Bank: Kansas-rooted community bank (Equity Bancshares subsidiary) providing commercial, ag, mortgage, and consumer lending with a strong in-state deposit franchise. Comparable to SSB in its Kansas community banking footprint and lending mix.
Broad incumbents
- BOK Financial: Large Tulsa-based regional bank holding company (BOK Bank in Kansas) offering commercial, ag, mortgage, treasury, and wealth services across multiple states. Comparable as a much larger incumbent operating in the same Kansas/Midwest market with overlapping lending and deposit capabilities.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
SSB financial estimates
Financial estimateRevenue estimate
Valuation estimate
SSB leadership team
Management profileNumber of profiles
Profiles12 records
SSB funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SSB 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 SSB
What does SSB do?
Security State Bank is a traditional community bank providing deposit products (checking, savings, money market, NOW), lending products (residential real estate, agricultural, commercial, consumer), debit and credit cards, merchant card processing, safe deposit boxes, and digital banking (online, mobile, SMS). All loan decisions are made locally at the Wellington, Kansas branch to support quick approvals with competitive rates and flexible terms.
Is SSB a public or private company?
SSB is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SSB founded?
SSB was founded in 1897. It employs 1 to 10 people.
Where is SSB based?
SSB is headquartered in Wellington, United States, in the North America region.
How does SSB make money?
Five revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Account Fees, card Services, safe Deposit Boxes and merchant Services.
Who are SSB's main competitors?
Direct peers on record are Emprise Bank, Country Club Bank, Sunflower Bank, N.A., Intrust Bank, Meritrust Credit Union, CommunityAmerica Credit Union and Equity Bank. BOK Financial is listed as a broad incumbent.
Does SSB have an API?
No public API is recorded for SSB.
What industry is SSB in?
SSB's product category is Community Banking. Its primary akta.pro industry code is FSABAKAL, Public Sector Retail Banks (State-Owned Commercial Banks). Its NAICS code is 5221 and its SIC code is 6022.