A security shade for a rear cargo area of a motor vehicle. The security shade comprises a roller tube onto which a flexible shade panel is wound. A cover covers the shade panel and includes portions defining a slot through which the shade panel is extendable and retractable. A storage compartment is adjacent to and integral with the cover. The storage compartment includes an internal chamber that is defined by side walls, end walls, a bottom wall and a top which is moveable between a closed position and an open position permitting access into the chamber.