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Primebank

Le Mars, IA · Est. 1901 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Primebank is a bank based in Le Mars, Iowa, established in 1901, with $784 million in total assets across 4 branches. By Trust Grade it ranks 89th of 226 banks we track in Iowa. Its capital ratio of 10.6% is stronger than 56% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 2.04% return on assets. No consumer complaints against Primebank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$783.8M
$100M–1B institution
Deposits
$693.1M
Branches
4
Capital ratio
10.6%
Top 44% of $100M–1B peers · Iowa median 10.2%
Return on assets
2.0%
Top 12% of $100M–1B peers · Iowa median 1.31%
Rank in Iowa
#89
of 226 banks

How Primebank compares to Iowa peers

Capital ratio
Top 44% of $100M–1B peers
Primebank
10.6%
Iowa median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 12% of $100M–1B peers
Primebank
2.0%
Iowa median
1.3%
Higher ROA = more profitable relative to asset base

How we graded Primebank

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

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (10.6% capital ratio)
  • Strongly profitable (ROA 2.04%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Primebank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (4)

  • 1601 S. Main Ave, Sioux Center, IA 51250
  • 5680 Sunnybrook Dr, Sioux City, IA 51106
  • 37 1st Ave Nw, Le Mars, IA 51031
  • 2700 Hamilton Blvd, Sioux City, IA 51104

Are deposits at Primebank insured?

Yes. Primebank is an FDIC-insured bank (FDIC certificate #8101). 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.

Primebank: frequently asked questions

Is Primebank a good bank?

Primebank 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 (10.6% capital ratio); Strongly profitable (ROA 2.04%).

Is Primebank FDIC-insured?

Yes. Primebank is a FDIC-insured bank (FDIC certificate #8101). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Primebank?

Primebank holds $784 million in total assets, ranking 89th of 226 banks we track in Iowa. It operates 4 branches.

Does Primebank have CFPB complaints?

No CFPB complaints against Primebank appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

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City State Bank
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Green Belt Bank & Trust
bank · Iowa Falls, IA · $772M assets
Cusb Bank
bank · Cresco, IA · $814M assets
First Bank
bank · Waverly, IA · $748M assets

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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