About Us


Opening Doors in Our Communities

First Security has made many changes over time, but one constant through the years is the maximum effort given to raise the level of service offered to customers. The result transcends the traditional banking experience, becoming more focused on meeting the changing needs of the customer.

Expert staff

Even as we expand our financial strength and service area, we continue to grow the number and range of experts dedicated to helping you meet your financial goals. Whether it’s your first time connecting with a bank, a member of a growing family, a business owner or retiree, we provide customized services to meet your specific needs.

Our financial experts communicate everything in an easy-to-understand and friendly manner, no matter if you’re a financial novice or an old pro.

Tools and technology

As technology advances, we do too. We strive to provide our clients with banking solutions that are faster, easier and more accessible to all. In fact, we are extremely proud of our progressive products, mobile banking solutions, ITMs and updated offices that allow us to provide the best, most efficient service to North Central Iowa.

Our mission

Within our 120 years in the Charles City community, our mission is and has always been to provide expert and progressive financial services backed by outstanding and personalized customer service. Since our inception, we have experienced many changes, including recently expanding to further support families, individuals and businesses throughout the North Central Iowa region. All the while, our values have remained the same.

Simply put, banking with First Security provides you with a best-of-both-worlds scenario. We stay abreast of any cutting-edge service that a megabank could offer you, while also providing the expert, personalized customer service that they can’t.

Our history

We’ve made many changes over the past 120 years, but the one constant is the maximum effort given to raise the level of service offered to our customers. After all, we realize we wouldn’t be here without customers like you.

Show timeline

Present: The combined First Security Bank & Trust organization has total assets of over $500 million with locations in 10 North Central Iowa. All the while, our mission has remained the same.

2023: First Security celebrates 120 years of service. 

2022: In December, First Security closed its Aredale, Marble Rock, and Rudd offices.

2016: In December, First Security closed its Meservey and Swaledale offices.

2015: In June, First Security installed the first Interactive Teller Machines (ITMs) in Charles City. Additional ITMs were added in Nora Springs, Hampton, Riceville, Rockford, Rockwell and Thornton before the year end. This innovative technology allowed us to expand teller service hours.

Cedar Valley Bankshares, Ltd announced that Hampton State Bank would join First Security Bank & Trust to create a single bank to better serve its customers across North Iowa. After December 4, 2015 both banks would do business under the name First Security Bank & Trust.

2009: In 2009, First Security Bank & Trust merged with First State Bank of Nora Springs and First State Bank of Riceville, all members of the bank’s holding company. This merger expanded our branch radius to include Floyd, Howard, Chickasaw, Butler, Worth, Cerro Gordo and Mitchell Counties.

2007: Kurt Herbrechtsmeyer was elected bank president, following J.R. (Dick) Herbrechtsmeyer who served as the bank's president since 1994. By this time, the still locally owned and independent First Security Bank & Trust served a large portion of North Iowa with branches in Charles City, Aredale, Dumont, Ionia, Marble Rock and Rockford.

2003: First Security celebrates a century of service.

1998: Better BEE Saving Club, a children's savings account, is initiated. The club's mascot, Better BEE, celebrates its birthday on October 16th.

1940: The bank’s ownership passed hands from Ellis and Ellis to Ralph Zastrow, E.L. (Jim) Wallaser, W.A. Herbrechtsmeyer and Merten J. Klaus. This ownership is currently maintained by their heirs, who are actively involved in bank management, board membership and holding company representation.

1935: We officially acquired our first branch office in Marble Rock.

September 30, 1929: Security Trust and Savings Bank and the First National Bank of Charles City consolidated to form First Security Bank & Trust, the largest bank in the Charles City area.

July 14, 1903: The Security Trust and Savings Bank first opened its doors for business in the Ellis Block in Charles City, Iowa. With capital stock of just $50,000 and deposits of $25,449, we certainly had humble beginnings.

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