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Our History

Old Bank Picture Security State Bank of Aitkin traces its beginnings back to August 5, 1914 when the Farmers and Merchants Bank was formed.

September 21, 1915 the bank changed to a National charter and became known as Farmers National Bank of Aitkin.

January 1948 the bank changed to a State chartered bank and became Security State Bank of Aitkin.

September 1, 1978 Security State Bank opened its second bank location in Garrison Minnesota.

June 21, 2001 Security State Banks third bank location was formed when it merged with Cook County State Bank, Grand Marais Minnesota. Cook County State Bank was started by Security State Banks holding company November 1, 1994.

January 1, 2005 Craig & Kristen Potts purchased the bank and insurance agency & are the current owners.

February 28, 2007 Security State Bank opened it’s fourth banking office at County Market Grocery Store in Aitkin. A full service banking facility with onsite ATM, 24 hour night depository two teller stations and a private office.