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Central Savings, F.S.B.

Chicago, IL · Est. 1893
A
Trust Grade
Excellent
Score: 96/100

Central Savings, F.S.B. is a bank based in Chicago, Illinois, established in 1893, with $119 million in total assets across 2 branches. By Trust Grade it ranks 157th of 328 banks we track in Illinois. Its capital ratio of 25.0% is stronger than 98% of similarly sized banks, versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 0.74% return on assets. No consumer complaints against Central Savings, F.S.B. appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$118.6M
$100M–1B institution
Deposits
$87.3M
Branches
2
Capital ratio
25.0%
Top 2% of $100M–1B peers · Illinois median 10.3%
Return on assets
0.7%
Bottom 23% of $100M–1B peers · Illinois median 1.1%
Rank in Illinois
#157
of 328 banks

How Central Savings, F.S.B. compares to Illinois peers

Capital ratio
Top 2% of $100M–1B peers
Central Savings,
25.0%
Illinois median
10.3%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 23% of $100M–1B peers
Central Savings,
0.7%
Illinois median
1.1%
Higher ROA = more profitable relative to asset base

How we graded Central Savings, F.S.B.

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
96/100
Customer experience
n/a
Overall
A · 96
  • Strongly capitalized (25.0% capital ratio)
  • Profitable (ROA 0.74%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Central Savings, F.S.B. over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (2)

  • 1601 W Belmont Ave, Chicago, IL 60657
  • 2601 W Division St, Chicago, IL 60622

Are deposits at Central Savings, F.S.B. insured?

Yes. Central Savings, F.S.B. is an FDIC-insured bank (FDIC certificate #27910). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Central Savings, F.S.B.: frequently asked questions

Is Central Savings, F.S.B. a good bank?

Central Savings, F.S.B. earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (25.0% capital ratio); Profitable (ROA 0.74%).

Is Central Savings, F.S.B. FDIC-insured?

Yes. Central Savings, F.S.B. is a FDIC-insured bank (FDIC certificate #27910). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Central Savings, F.S.B.?

Central Savings, F.S.B. holds $119 million in total assets, ranking 157th of 328 banks we track in Illinois. It operates 2 branches.

Does Central Savings, F.S.B. have CFPB complaints?

No CFPB complaints against Central Savings, F.S.B. appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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