Security Federal Bank Receives Prestigious Historic Preservation Award

Staff Report From Georgia CEO

Monday, April 29th, 2024

Security Federal Bank has been awarded the Marguerite Williams Award for Excellence in Rehabilitation by The Georgia Trust for Historic Preservation. The 47th annual Preservation Awards ceremony was held on April 20 at the Spring Ramble in Athens.

“The historic bank building, located at 1109 Broad Street in downtown Augusta, is recognized for undergoing a sensitive rehabilitation of what was originally constructed in 1924 as the uptown branch of the old Georgia Railroad Bank. Utilizing tax credits, this rehabilitation converted the historic structure back to its original use, providing the city with a business that strengthens the downtown economy while serving as a physical reminder of its economic resilience.” the release said.

According to a news release from the Georgia Trust for Historic Preservation, the annual award goes to the project that has had the greatest impact on preservation in the state.

“This year’s winners represent a tremendous dedication to restoring and revitalizing Georgia’s historic buildings and communities,” said W. Wright Mitchell, president and CEO of the Georgia Trust. “We are proud to honor such deserving projects and individuals.”

Security Federal Bank president, Phil Wahl, said, “We are deeply honored by this unexpected recognition, a testament to our unwavering dedication to the communities we proudly serve. We are committed to nurturing downtown Augusta’s continued growth and success, while honoring its rich history and distinctive charm. Our mission remains steadfast: “Helping People and Changing Lives. We invite everyone to visit our 1109 Broad Street office to experience this award-winning investment in downtown Augusta’s past, present and future.”