Chelsea Savings Bank is a bank based in Belle Plaine, Iowa, established in 1936, with $198 million in total assets across 5 branches. By Trust Grade it ranks 40th of 226 banks we track in Iowa. Its capital ratio of 11.6% is stronger than 69% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.71% return on assets. No consumer complaints against Chelsea Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Chelsea Savings Bank compares to Iowa peers
How we graded Chelsea Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.6% capital ratio)
- Strongly profitable (ROA 1.71%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Chelsea Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- 100 1st Ave, Van Horne, IA 52346
- 1101 Station St, Chelsea, IA 52215
- 100 N Main St, Traer, IA 50675
- 201 Washington St, Victor, IA 52347
- 601 13th St, Belle Plaine, IA 52208
Are deposits at Chelsea Savings Bank insured?
Yes. Chelsea Savings Bank is an FDIC-insured bank (FDIC certificate #15427). 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.
Chelsea Savings Bank: frequently asked questions
Is Chelsea Savings Bank a good bank?
Chelsea Savings Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.6% capital ratio); Strongly profitable (ROA 1.71%).
Is Chelsea Savings Bank FDIC-insured?
Yes. Chelsea Savings Bank is a FDIC-insured bank (FDIC certificate #15427). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Chelsea Savings Bank?
Chelsea Savings Bank holds $198 million in total assets, ranking 40th of 226 banks we track in Iowa. It operates 5 branches.
Does Chelsea Savings Bank have CFPB complaints?
No CFPB complaints against Chelsea Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
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.
