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Security Federal Corp. (SFDL) is in the Financial Services Industry

Revenue
Mar 31 2007
$45.9M
Profit
Mar 31 2007
$4.1M
Market Cap
Jun 19 2008
$57.4M

Latest News and Analysis

  • Obama attacks McCain over floods

    MIAMI AFP — White House candidate Barack Obama assailed Republican rival John McCain on Saturday for voting against infrastructure bills that he said could have limited damage in the flood-battered Midwest. McCain has taken a firm position against earmarks attached to bills in Congress by lawmakers trying to...

    Articles 2008-06-21

  • Mobile Armor Teams With Dell to Provide Data Security for the Federal Government and Private Sector

    ST. LOUIS, June 17 /PRNewswire/ -- Mobile Armor, Inc., the global provider of mobile data and asset protection, today announced the company has teamed with Dell to provide Mobile Armor's data encryption solutions to both federal government agencies and enterprise organizations within the private sector. Mobile Armor, which was...

    Articles 2008-06-17

  • Professor attends emergency training

    PROVO -- James E. Kohl, professor of nursing at Brigham Young University, was selected to attend U.S. Homeland Security training at the Center for Domestic Preparedness. The CDP trains U.S. emergency responders, of which there are about 11 million, to react to local incidents or potential incidents...

    Articles 2008-06-12

  • Capstone Bancshares, Inc. Agrees to Acquire Security Federal Bancorp, Inc

    TUSCALOOSA, Ala. -- Capstone Bancshares, Inc. ("Capstone") today announced the signing of a definitive merger agreement to acquire Security Federal Bancorp, Inc. ("Security Federal") and its subsidiary Security Bank, Tuscaloosa, Alabama ("Security Bank"). The merger agreement is subject to closing conditions, including approval by bank regulatory agencies and shareholders of...

    Articles 2008-05-30

  • Security Federal Corporation Announces Appointment of New Director

    AIKEN, S.C. -- Security Federal Corporation (OTCBB:SFDL) ("Company"), the holding company for Security Federal Bank ("Bank"), today announced the appointment of Frank M. Thomas to the Boards of Directors of the Company and the Bank. Mr. Thomas currently serves as Executive Vice President of the Bank and as an Aiken...

    Articles 2008-05-21

  • Smart Cards Advance in IT Security, Federated Identity: Highlights From Smart Card Alliance/CTST Conference

    The number of U.S. employees usingsmart card technology to access computers and networks at work continues togrow as enterprises look for better ways to protect information, accordingto presenters at the joint Smart Card Alliance annual meeting and CTSTconference last week. Compounding this growth is the rise of federatedidentity networks...

    Articles 2008-05-19

  • Security Bancorp, Inc. Announces Cash Dividend

    MCMINNVILLE, Tenn. -- Security Bancorp, Inc. (OTCBB:SCYT.OB) announced that the Corporation's Board of Directors has declared an annual cash dividend of $1.00 per share on the Corporation's outstanding common stock. The cash dividend will be payable on July 1, 2008 to shareholders of record as of the close of business...

    Articles 2008-05-16

  • BRIEFLY

    Exercise tests NORAD, NorthCom Terrorist attacks in Washington state and the accidental release of a chemical agent in Oregon are among the scenarios providing the backdrop for a natonwide military exercise that wraps up Thursday. The North American...

    Articles 2008-05-05

  • Veracity Payment Solutions Announces Strategic Alliance With Security Federal Bank

    ATLANTA, April 30 /PRNewswire/ -- Veracity Payment Solutions, a full-service electronic payments provider, announced today a strategic alliance with Security Federal Bank SFB. Under the alliance, Veracity will provide payment processing and marketing services to SFB. (Logo: http://www.newscom.com/cgi-bin/prnh/20080429/VERACITYLOGO ) Security Federal Bank, headquartered in Aiken,...

    Articles 2008-04-30

  • Security Bancorp, Inc. Announces First Quarter Earnings

    MCMINNVILLE, Tenn. -- Security Bancorp, Inc. (OTCBB:SCYT) today announced consolidated earnings for the first quarter ended March 31, 2008. The Company is the holding company for Security Federal Savings Bank of McMinnville, Tennessee ("Bank"). Net income for the three months ended March 31, 2008 was $496,000, or $1.16...

    Articles 2008-04-30

  • Security Federal Corporation Announces Increase in Cash Dividend

    AIKEN, S.C. -- Security Federal Corporation, holding company of Security Federal Bank, announced a fourteen percent (14%) increase in the quarterly dividend from $.07 to $.08 per share. This dividend will be paid on or about June 15, 2008 to shareholders of record as of May 31, 2008. ...

    Articles 2008-04-29

  • Adept Document Management Plays Key Role in Managing and Securing Data for Utility Giant South Carolina Electric & Gas

    The Utility industry, which is under greatercontrol by Homeland Security and the Federal Energy Regulation Commission,is required to have greater internal and external control over itsdocuments. Adept document management from Synergis Software offers thattight level of security to meet these requirements for South CarolinaElectric & Gas, a subsidiary of Fortune...

    Articles 2008-04-24

  • Security Federal Corporation Announces Increase in Annual Earnings

    AIKEN, S.C. -- Security Federal Corporation (OTCBB:SFDL), the holding company for Security Federal Bank, today announced earnings for its fiscal year and for the fourth quarter of its fiscal year both ending March 31, 2008. The Company reported net income of $4.3 million or $1.66 per share basic for its...

    Articles 2008-04-21

  • Five Credit Unions Select IMM's Teller Item Capture

    Technology performs all Check 21 features LINDEN, N.J. -- Integrated Media Management[R] IMM, a document output management and automation technology provider, announced today that five credit unions have contracted with the company for its teller item capture product. Naperville, Ill.-based DuPage Credit Union; Parchment, Mich.-based First Community Federal...

    Articles 2008-04-02

  • FBI Broadens Identification Verification

    HOMELAND SECURITY The Federal Bureau of Investigation's (FBI's) next-generation identification system will feature multimodal biometric data-gathering capabilities and double the size of the current fingerprint database capacity. The system expands on the bureau's current Integrated Automated Fingerprint Identification System IAFIS and will feature palm print, iris and...

    Articles 2008-04-01

  • Statute is potent anti-gang weapon

    "I'm still the king," Tyrese Sharod Smith said in 2003 after a federal jury found him guilty of running a pattern of racketeering through his violent gang. Assistant U.S. Attorney Richard McKelvie's response was, "We'll find out how well he rules in a maximum-security federal prison." ...

    Articles 2008-03-31

  • Oakland airport starts fast-track screening

    At first, Oakland International Airport officials were skeptical of the new program that promised travelers a quick trip through security checkpoints. The checkpoints, they argued, didn't get that backed up. On Thursday morning's opening, those same officials were praising the Oakland arrival of Clear, the largest...

    Articles 2008-03-28

  • Fast-track screening starts at Oakland airport

    At first, Oakland International Airport officials were skeptical of the new program that promised travelers a quick trip through security checkpoints. The checkpoints, they argued, didn't get that backed up. On Thursday morning's opening, those same officials were praising the Oakland arrival of Clear, the largest...

    Articles 2008-03-28

  • Fast-track screening starts at Oakland airport

    At first, Oakland International Airport officials were skeptical of the new program that promised travelers a quick trip through security checkpoints. The checkpoints, they argued, didn't get that backed up. On Thursday morning's opening, those same officials were praising the Oakland arrival of Clear, the largest...

    Articles 2008-03-28

  • Security line bypass makes Oakland debut

    At first, Oakland International Airport officials were skeptical of the new program that promised travelers a quick trip through security checkpoints. The checkpoints, they argued, didn't get that backed up. On Thursday morning's opening, those same officials were praising the Oakland arrival of Clear, the largest...

    Articles 2008-03-28

  • Incorporated: 1987
  • CEO: Mr. Timothy W. Simmons
  • Employees: 184

Security Federal is a savings and loan holding company for Security Federal Bank ("the Bank"). The Bank is engaged in accepting deposits from the general public and originating mortgage loans. The Bank also makes multi-family residential and commercial real estate loans, consumer loans and commercial loans as well as construction loans on single family residences, multi-family dwellings and projects, commercial real-estate, and loans for the acquisition, development and construction of residential subdivisions and commercial projects. As of Mar 31 2007, the Bank had total assets of $738,110,000 and total deposits of $523,738,000.

Key Competitors

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Security Federal Corp. Company Info

Board of Directors

Mr. T. Clifton Weeks

Chairman

Mr. Gasper L. Toole III

Vice-Chairman

Mr. Thomas L. Moore

Mr. J. Chris Verenes

Dr. Robert E. Alexander

Mr. William Clyburn

Mr. Timothy W. Simmons

Mr. Roy G. Lindburg

Mr. Frank M. Thomas

Contact Information

238 Richland Avenue West

Aiken, SC

http://www.securityfederalbank.com

803 641-3000

NAICS Code

Savings Institutions: 522120
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