Security Federal Bank promotes Tony Ateca to Chief Operating Officer

June 15, 2026

Security Federal Bank announced the promotion of Tony Ateca to Chief Operating Officer (COO), effective July 10, 2026.

The promotion reflects Security Federal Bank’s continued commitment to long-term growth, innovation, and exceptional customer service. The newly established Chief Operating Officer position was approved by the Bank’s Board of Directors to strengthen executive leadership and support the Bank’s strategic vision for the future.

Tony joined Security Federal Bank in July 2008 and has served as Chief Administrative Officer since 2013. During his 18 years with the Bank, he has held numerous leadership roles and has made significant contributions across multiple areas of the organization, including Operations, Retail Banking, Mortgage, and Compliance.

Tony has been instrumental in improving operational efficiencies, advancing technology initiatives, strengthening customer experiences, and building high-performing teams. His thoughtful leadership and strategic vision have helped position Security Federal Bank for continued success in an evolving financial landscape.

“Tony’s leadership has played a vital role in the growth and success of Security Federal Bank,” said Phil Wahl, President and Chief Executive Officer. “Throughout his career, he has demonstrated a steadfast commitment to our employees, customers and communities. This promotion reflects the confidence we have in his leadership and his ability to help guide our organization into the future. I am excited to continue working alongside Tony as we build upon our strong foundation and pursue new opportunities for growth and innovation.”

As Chief Operating Officer, Tony will oversee the Bank’s operational, retail banking, technology, human resources, marketing, treasury management, Security Federal Insurance, and administrative functions. He will also play a key role in talent development, organizational effectiveness, and the execution of the Bank’s strategic initiatives.

Beyond his professional responsibilities, Tony has demonstrated a longstanding commitment to community service. He has been actively involved with organizations including Aiken Performing Arts, Aiken County Habitat for Humanity, Kairos Prison Ministry International, and Grace Church of Aiken.

“The opportunity to serve Security Federal Bank in an expanded capacity comes with great joy. I love the people I work with and take great pride in our efforts to deliver the best banking experience possible,” said Ateca. “I am grateful to Phil and our Board of Directors for trusting me with this new leadership role and look forward to building upon our heartfelt mission of Helping People, Changing Lives.”

Since 1922, Security Federal Bank has remained dedicated to delivering exceptional financial services while investing in the communities it serves. Guided by its commitment to “Banking ON Community” and its mission of “Helping People, Changing Lives,” the Bank continues to build lasting relationships and create meaningful impact throughout the communities it proudly serves.