Security State Bank, Alexandria, S.D., is vowing to rebuild its branch in nearby Spencer after much of the town was destroyed by a tornado last weekend.

Kevin M. Arend, president and chief executive officer of $44 million- asset Security, said all that remained of the $10 million-asset branch was its vault. Six of Spencer's 300 residents were killed, and about 150 were injured in the storm Saturday evening.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.