Security Bank Announces Purchase of Local Wealth Management and Insurance Provider

June 3, 2022 | BankingFocus-Bank News | BankingFocus-Press Release

HARTINGTON – Security Bank and Insurance and Wealth Strategies, LLC, are pleased to announce an agreement in which Insurance and Wealth Strategies, LLC and Matt Dresden* Insurance Solutions, LLC will become part of Security Bank effective June 1, 2022.

The acquisition of Insurance & Wealth Strategies compliments and enhances the financial product offerings for existing and potential customers of Security Bank. The bank has strategically been planning to add additional services to its core product offerings to help meet the diverse financial needs of its clientele.

Security Bank has 5 branches in Northeast Nebraska and total assets of $308 million as of March 31, 2022.   “Retaining Matt and his staff was a key to this acquisition,” stated Keith Knudsen, President/CEO of Security Bank, “as was the continuity of the services and products for the current clients of Insurance & Wealth Strategies.”

 Matthew Dresden, Financial Advisor and existing owner of Insurance and Wealth Strategies and his staff will continue offering health, life and disability insurance, as well as a diverse lineup of annuity and investment products under the new entity, Security Wealth Strategies. 

Security Wealth Strategies will remain in its current location in Hartington at 222 North Broadway Avenue until construction is completed on a new branch bank building in Hartington. 

Learn More Here 


*Securities and advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC, a Broker-Dealer and Registered Investment Adviser.  Cetera is under separate ownership from any other named entity.  Branch address: 222 North Broadway Avenue, PO Box 827, Hartington, NE  68739.

*Investments are: *Not FDIC/NCUSIF insured * May lose value * Not financial institution guaranteed * Not a deposit * Not insured by any federal government agency.