Security State Bank
Security State Bank
Since 1903
Pe Ell Branch Address:
118 N Main St.,
Pe Ell, WA
Phone:
360-291-2888
Hours (Lobby & Drive Up)
Monday-Thursday 9:00 a.m. to 5:00 p.m.
Friday 9:00 a.m. to 6:00 p.m.
Security State Bank History
Board of Directors
Dwayne N. Aberle
President, Security State Bank
Board of Directors
John Alexander, Jr.
Chairman of the Board, Security State Bank
Mary M. Alexander
Real Estate Investment
C.A. Buck Hubbert
President, Tires Inc.
Gail L. Shaw
Chairman of the Board, Chehalis Industrial Commission
Robert B. Thompson
Lumber Business
Brian Tornow
President, Barnett Implement
Security State Bank, founded in 1903, is one of the oldest independent commercial banks in the state. The Wright Brothers flight, Harley-Davidson's first motorcycle, Ford Motor Company's appearance, and the invention of Hot Fudge Sundaes are just some of the events that coincided with the charter of Security State Bank.
The bank was incorporated in 1903 with a capitalization of $15,000. Original incorporators were C.W. Long, W.D. Richardson, J.W. Reynolds, E.P. Churchill, and Arthur S. Cory. Three of the key men who guided the growth of the bank through most of its history were John Alexander, Sr; J.T. Alexander, a brother; and William M. Luebke, who was J.T. Alexander's son-in-law. John W. Alexander, Sr. was president from 1910 until his death in 1964 at 82 years of age. J.T. Alexander joined the bank in 1913 and was vice president until his death in 1962 at 94 years of age. Luebke came to the bank in 1927 and served as executive vice president, bank manager, and was a member of the board of directors when he died in 1962.
Since 1910, only four individuals have served as President of Security State Bank, which speaks to the consistency and stability of the management of the bank. John Alexander, Sr. was President from 1910-1964, Paul Schwedler from 1964-1974, and John Alexander, Jr., who is now Chairman of the Board, from 1974-2001. Dwayne Aberle is our current President and CEO, elected in July 2001.
Since 1903, Security State Bank has adhered to the fact that it is a local institution with a charter that establishes its head office in Lewis County. Today, with assets of $368 million, we continue to serve the communities of Lewis, southern Thurston, Pacific and Grays Harbor counties from twelve convenient branch locations in Centralia, Chehalis, Morton, Winlock, Rochester, Pe Ell, Raymond, South Bend and Grayland. The bank enjoys a stable, highly qualified work force, with in depth knowledge of the dynamics of the local economy.
Security State Bank has served this area for over 105 years, and on behalf of our Directors, Officers and Staff, we would like to thank our loyal customers for their many years of support that has brought us this considerable distance. It is the intention of Security State Bank to continue to serve its communities as a locally owned, independent community bank for many more years to come.
BUSINESS BANKING
DEPOSIT ACCOUNTS
Security State Bank has the resources to help your business grow. Not only do we have them, we know how to customize them to fit the needs of your business. We also offer the creativity and flexibility that only a community bank can provide.
Basic Business Checking
Basic Business Checking is a monthly service charge free account available to businesses with less than 100 items deposited and 100 checks written per month.
Business Checking - Regular
Monthly service charges are based on activity and balances maintained. Businesses receive an Earnings Credit on monthly average balance maintained.
Business Checking - Interest Bearing
If you are a sole-proprietorship, an interest bearing account is available. The regular business service charges apply, except the earnings credit on the monthly average balance is replaced by interest, calculated daily and paid monthly.
Business Savings, Money Market Accounts, Certificates of Deposit
Offering a variety of products to help you save for the future. We offer savings accounts, money market accounts, and certificates of deposit.
NONPROFIT CLUBS, CHURCHES & ORGANIZATIONS
DEPOSIT ACCOUNTS
Organization Checking
A free account is available for small, low activity non-profit organizations.
No monthly service charge.
Free check safekeeping.
Organization Checking Interest Bearing Account
An interest bearing account is available for non-profit clubs, churches and organizations. There is a monthly fee for this account if the balance falls below $1,000.00 any day of the statement cycle. A per check fee is also charged for checks paid in excess of 30 during the statement cycle.
COMMERCIAL LOANS
Commercial Loans
Money when you need it. Enjoy competitive rates, low monthly payments, and easy access to short-term working capital and the expertise to get you there.
Security State Bank is "the bank for business" in Lewis County and the surrounding area. We have a "local" loan staff, which offers customer accessibility to a loan officer and prompt, local decision making.
We offer multipurpose loans including: Working Capital, Equipment Financing, Commercial Real Estate, Agriculture, Lines of Credit, and Letters of Credit for Domestic and International Trade.
CONVENIENCE SERVICES
Business Banking Online & Free Business Online Bill Pay Service
Now you can do your banking 24 hours a day without leaving the office, saving time and streamlining the banking process, with online transactions and bill payment.
Cash Management
Businesses can take their online banking to the next level with our Cash Management service. Direct deposit your company payroll, set-up ACH debits and credits, conveniently pay your taxes online, and more. A monthly fee and per item charges apply. Pre-approval may be required.
Merchant Visa/Mastercard Services
Security State Bank offers Merchant Bankcard Services - where customers can accept VISA and Mastercard transactions at their business. Most types of businesses can be set up with this service.
Cash Flow Maximizer
Put your money to work with immediate cash flow from your receivables! Let us take care of your billing. This valuable service allows you to reinvest immediately in your business and take advantage of supplier discounts.
VISA Business Credit Card
Immediate credit is available at your fingertips wherever you see the Visa logo. Our VISA Business Credit Card lets you tailor meet the credit limit needs of each cardholder within your business.
VISA Business Check Card
The VISA Check Card adds value to your business checking account by providing you world-wide access to your checking account. The card works like a check and can be used to make purchases for your business.
Remote Capture Deposit24
Deposit24 is a modern and amazingly fast alternative to having someone from your company stop work and physically deliver check deposits to the bank. It provides the most efficient operation at minimal cost while allowing anyone from your company at any of your business locations to deposit checks directly into your business account. Deposit24 lets you concentrate on running your business, not running to the bank, saving you time and money.
Sweep Account
Let excess checking account balances work for you, earning additional income. Our Sweep Account automatically invests excess checking account balances, while maintaining balances at a designated target level. You may eliminate possible overdrafts and increase your income.
Telebanc 24 Hour Telephone Banking
Access your Security State Bank accounts by phone 24 hours a day. Check balances, see if a certain check has cleared, transfer funds, fax your most recent transactions to your home, and more! Access Telebanc by calling 360-330-1404 or toll free at 800-804-5864. There is no fee for this service.
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Lost or Stolen Debit Card 800-554-8969
Lost or Stolen Credit Card 800-325-3678
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Debit/ATM Card Activation 800-708-7119
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