NOTICE - ANNUAL MEETING OF MEMBERS

Notice is hereby given that the Annual Meeting of Members (the “Annual Meeting”) of Security Federal Mutual Bancorp (the “MHC”) will be held at the office of Security Federal Savings Bank located at 314 Fourth Street on Wednesday, May 15, 2024, at 1:00 p.m. Eastern Time, and at any adjournment thereof. The record date for members eligible to participate in the Annual Meeting is March 31, 2024. The purpose of the Annual Meeting is to consider and vote upon the election of Mr. Jeff Baker, Mrs. Annette Russel, and Mr. Scot Ortman as directors and such other business as may properly come before the Annual Meeting or any adjournment thereof.

Security Federal Savings Bank

Trustee & Successor Trustee

In a Will, an executor is named and is responsible for carrying out the terms of the Will.

Similarly, a Trust names a Trustee and/or a Successor Trustee. This can be an individual or a corporate fiduciary like Security Federal Savings Bank. The Trustee is responsible for following the terms of the Trust, including many of the following:

Investment management
Asset protection
Accurate & timely accounting
Collection of income
Payment of bills
Property management
Oversight of filing of all necessary tax returns
Executing and recording all trust transactions
Court reporting if required
Answering questions from beneficiaries

If you'd like to speak with someone from our Trust Department, please contact our team. They will be happy to help!

Contact our team

Security Federal Savings Bank

Buying the home of your dreams might be easier than you think

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Security Federal Savings Bank

Time is money, and we can save your small to medium business both

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Security Federal Savings Bank

Skip the trip to the bank and deposit your checks from anywhere

Use your cell phone to deposit checks on the go with our Mobile Check Deposit.

Security Federal Savings Bank

Make better financial decisions when you use our helpful financial tools

Explore our calculators to help plan for retirement, improve your finances, and more.

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