Security Bank of Pulaski County

What Security Bank of Pulaski County does

Security Bank of Pulaski County is a privately held community bank chartered in Missouri (founded circa 1936-1938) and wholly owned by Security Bancshares of Pulaski County, Inc., headquartered in Waynesville, Missouri. The bank operates two full-service branches — one in Waynesville and one in St. Robert — plus a 24-hour ATM at the former Marshall Drive location in St. Robert (consolidated into Carson Blvd in August 2022). It serves individual consumers, small businesses, and agricultural operations across Pulaski County, an assessment area whose economy is anchored by the Fort Leonard Wood military installation.

The bank offers a full suite of consumer deposit products (Free Checking, Regular Checking, NOW, Money Market, Savings, Kidz Club Savings, CDs, and IRAs), personal lending products (mortgages including Conventional/VA/FHA, auto loans for vehicles/boats/RVs, and secured/unsecured personal loans), business banking (Small Business Checking, Business Checking Plus, Interest Earning Business NOW, Business Money Market, Business Savings, Business Loans, SBA Loans), and Small Farm Loans. Its technology platform is a CSI (Computer Services Inc.) hosted digital banking solution providing online banking with bill pay via iPay, mobile banking apps on iOS and Android, mobile deposit, and digital wallet support (Apple Pay, Google Pay).

Revenue is generated primarily through net interest income on a $68.2 million loan portfolio (as of Sept 30, 2018) plus transactional fees including NSF charges ($35/item), wire transfer fees ($15-$50), stop payment fees ($35), safe deposit box rentals ($15-$50 annually), and minor service charges. As of Sept 30, 2018, total assets stood at $104.5 million with $20.5 million in securities; the bank held a 12.7% deposit market share ranking 3rd among 11 financial institutions in the assessment area. The bank's go-to-market is relationship-driven through physical branches and supported by digital self-service channels, with marketing conducted primarily via the website and mobile app rather than paid digital acquisition.

Name

Security Bank of Pulaski County

Legal name

Security Bank of Pulaski County

Website

https://sbpc.com

Company type

Private

Founded year

1938

Operating status

Operating

Headcount range

1–10 employees

Short description

Security Bank of Pulaski County is a privately held Missouri community bank chartered in 1936, serving consumers, small businesses, and agricultural operations in Pulaski County through two full-service branches and CSI-hosted digital banking channels.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

• Community banking services
• Consumer deposit accounts
• Personal lending products
• Small business banking
• Mortgage and agricultural loans

Headquarters

HQ city

Waynesville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: Primary revenue stream from interest earned on consumer loans (auto, mortgages, personal), commercial loans, and agricultural loans. Loans include fixed and variable rate products with competitive rates and flexible terms.
2. Deposit Account Fees and Charges: Monthly maintenance fees on certain accounts when balance thresholds are not met; NSF charges; wire transfer fees; stop payment fees; research fees; ATM/debit card related fees
3. Service Charges: Fees for services including check copies, cashier's checks, money orders, collection items, processing of liens/garnishments/levies, returned mail fees
4. Money Market and Savings Interest: Interest paid to depositors on savings, money market, NOW accounts, and CDs. Interest income earned on lending activities exceeds interest paid to depositors.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Security Bank of Pulaski County operates as a community bank offering consumer and business deposit accounts (checking, savings, money market, NOW, CDs, IRAs, youth savings), consumer and commercial loan products (auto, mortgage, personal, SBA, agricultural), and digital banking services including online banking, mobile deposit, bill payment, and digital wallet access. The bank serves Pulaski County, Missouri through two full-service branches, ATMs, and digital channels under FDIC insurance.

Product overview

Security Bank of Pulaski County offers a community banking platform consisting of consumer and business deposit accounts, loan products, and digital banking services. Consumer offerings include Free Checking, Regular Checking, NOW Accounts, Money Market Checking, Savings, Kidz Club Savings (for minors), Certificates of Deposit (90-day to 60-month terms), and Individual Retirement Accounts. Lending products encompass Auto Loans for vehicles/boats/RVs, Mortgages (Conventional, VA, FHA) for home purchase and refinance, Personal Loans (secured and unsecured), Business Loans, SBA Loans, and Small Farm Loans. Digital banking services include Online Banking with bill payment (via iPay), Mobile Banking with Mobile Deposit, and Digital Wallet access (Apple Pay, Google Pay). Business banking includes Small Business Checking, Business Checking Plus, Interest Earning Business Checking (NOW), Business Money Market, and Business Savings. Additional services include Safe Deposit Boxes, a Switch Kit for account transitions, and three branch locations in Waynesville and St. Robert, Missouri.

Differentiator

Problem solved

Functional benefit

Products and services

• Free Checking

Quantifiable outcome

• Ranked 3rd in deposit market share (12.7%) among 11 financial institutions in assessment area
• +2 more outcomes

Named customers2 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

Integration5 records

Feature5 records

Scale indicators6 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Commerce Bank: A large Missouri-based regional bank offering the full suite of consumer, mortgage, small business, and treasury products; competes with SBPC in Pulaski County deposits and small business lending as a broader incumbent with deeper resources.

Direct peers

• Citizens Bank of Newburg: A small community bank in the greater Fort Leonard Wood / I-44 corridor of south-central Missouri, offering comparable deposit, consumer loan, and small business products to a similar rural military-adjacent customer base.
• Hawthorn Bank: A Missouri-based community bank offering consumer and business banking, mortgages, and agricultural lending in similar rural/small-town markets, with comparable deposit-driven economics and SBA loan offerings.
• Phelps County Bank: A community bank headquartered in Rolla, Missouri (adjacent to Pulaski County), offering comparable deposit, mortgage, and small business lending products to a similar south-central Missouri customer base anchored by Fort Leonard Wood commuters.
• Great Southern Bank: A larger Missouri-headquartered community bank with a similar retail banking model (deposits, mortgages, business banking) and overlapping footprint across southern and central Missouri, making it a direct comparably-positioned competitor.
• Bank of Salem: A community bank in southern Missouri with consumer and business banking, mortgages, and agricultural lending — comparable size, product set, and rural Missouri market to SBPC.
• Old Missouri Bank: A community bank serving central Missouri with deposit accounts, consumer loans, and small business banking — similar in scale, product mix, and community-banking positioning to SBPC.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

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 Bank of Pulaski County