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We consent to incorporation by reference in Registration Statement No. 333-31500, 333-102337, 333-136813, 333-155295, and 333-225297 on Form S-8 of Security Federal Corporation of our report dated March 29, 2022, relating to the consolidated financial statements of Security Federal Corporation and Subsidiaries, appearing in the Annual Report to Shareholders, which is incorporated in this Annual Report on Form 10-K of Security Federal Corporation for the year ended December 31, 2021.