Security Federal Savings Bank
Security Federal Savings Bank received 523 applications in 2025 and made 444 mortgages, in 29 counties across 1 state. The median rate its borrowers got was 6.563% on a median loan of $105,000. Of 494 decisions, 37 were denials — 7.5%, most often for debt-to-income ratio.
| Legal Entity Identifier | 254900FWMAL9Q1TY2667 |
|---|---|
| Applications received | 523 |
| Mortgages made | 444 |
| Denied | 37 |
| Approved, not taken up | 13 |
| Withdrawn or incomplete | 29 |
| Loans bought from other lenders | 0 |
| Median rate spread over the prime offer rate | 0.475 points |
| FDIC-insured bank | Yes: Security Federal Savings Bank, 8 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 173 | 6.750% | $155,000 | 4.4% |
| Refinancing | 11 | 6.750% | $85,000 | 0.0% |
| Cash-out refinancing | 33 | 6.875% | $135,000 | 20.9% |
| Other purposes | 227 | 2.990% | $65,000 | 7.8% |
Where Security Federal Savings Bank lends most
The 29 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| Cass County, IN | 190 | 6.500% | 5.8% |
| Tippecanoe County, IN | 105 | 6.625% | 7.7% |
| Carroll County, IN | 26 | 6.563% | 10.0% |
| Howard County, IN | 26 | 7.375% | 7.1% |
| Clinton County, IN | 16 | 6.750% | 0.0% |
| Miami County, IN | 14 | 6.688% | 0.0% |
| Hamilton County, IN | 13 | 2.990% | 0.0% |
| White County, IN | 9 | Under 10 loans | 25.0% |
| Montgomery County, IN | 6 | Under 10 loans | 14.3% |
| Boone County, IN | 5 | Under 10 loans | 14.3% |
| Hendricks County, IN | 5 | Under 10 loans | 0.0% |
| Marion County, IN | 5 | Under 10 loans | 0.0% |
| Vanderburgh County, IN | 3 | Under 10 loans | 25.0% |
| Hancock County, IN | 2 | Under 10 loans | 0.0% |
| Johnson County, IN | 2 | Under 10 loans | 0.0% |
| Marshall County, IN | 2 | Under 10 loans | 0.0% |
| Putnam County, IN | 2 | Under 10 loans | 0.0% |
| Vigo County, IN | 2 | Under 10 loans | 0.0% |
| Wabash County, IN | 2 | Under 10 loans | 33.3% |
| Allen County, IN | 1 | Under 10 loans | 0.0% |
| DeKalb County, IN | 1 | Under 10 loans | 0.0% |
| Fulton County, IN | 1 | Under 10 loans | 0.0% |
| Kosciusko County, IN | 1 | Under 10 loans | 0.0% |
| Madison County, IN | 1 | Under 10 loans | 75.0% |
| Parke County, IN | 1 | Under 10 loans | 0.0% |
| Pulaski County, IN | 1 | Under 10 loans | 0.0% |
| Starke County, IN | 1 | Under 10 loans | 0.0% |
| Tipton County, IN | 1 | Under 10 loans | 0.0% |
| Jasper County, IN | 0 | Under 10 loans | 100.0% |
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When Security Federal Savings Bank’s figures are published for the next year, or restated.
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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.