September 17, 2018
VIA EDGAR TRANSMISSION
U.S. Securities & Exchange Commission
Division of Corporate Finance
Attn: Michael Clampitt
100 F Street NE
Washington, DC 20549
Re:Security State Bancshares, Inc.
Request for Withdrawal of Offering Statement on Form 1-A
File No. 024-10853
To Whom It May Concern:
Pursuant to Rule 259 promulgated under the Securities Act of 1933, Security State Bancshares, Inc. (“Company”) respectfully requests that the Securities & Exchange Commission (“Commission”) consent to a withdrawal of the Company’s offering statement on Form 1-A (File No. 024-10853) filed with the Commission on June 13, 2018 (“Offering Statement”). The Company requests withdrawal of the Offering Statement because the Company has determined based on the advice of counsel that an offering pursuant to Rule 506 more efficiently meets the needs of the Company with respect to the offering covered by the Offering Statement. No securities that are the subject of the Offering Statement have been sold, and the Offering Statement is not the subject of a proceeding under Rule 258.
Please send copies of the order consenting to the withdrawal of the Offering Statement to the Company’s counsel, Greyson E. Tuck, via email at gtuck@gerrish.com or by facsimile at (901) 684-2339.
If you have any questions regarding this application for withdrawal, please contact Mr. Tuck at (901) 684-2311 (direct line).
Sincerely,
Security State Bancshares, Inc.
Jeffrey D. Barker
Chief Financial Officer