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Savings Bank

Primghar, IA · Est. 1894 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Savings Bank is a bank based in Primghar, Iowa, established in 1894, with $298 million in total assets across 3 branches. By Trust Grade it ranks 16th of 226 banks we track in Iowa. Its capital ratio of 12.6% is stronger than 78% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.41% return on assets. No consumer complaints against Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$298.3M
$100M–1B institution
Deposits
$246.5M
Branches
3
Capital ratio
12.6%
Top 22% of $100M–1B peers · Iowa median 10.2%
Return on assets
1.4%
Top 37% of $100M–1B peers · Iowa median 1.31%
Rank in Iowa
#16
of 226 banks

How Savings Bank compares to Iowa peers

Capital ratio
Top 22% of $100M–1B peers
Savings Bank
12.6%
Iowa median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 37% of $100M–1B peers
Savings Bank
1.4%
Iowa median
1.3%
Higher ROA = more profitable relative to asset base

How we graded Savings Bank

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

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (12.6% capital ratio)
  • Strongly profitable (ROA 1.41%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (3)

  • 80 S Central Ave, Hartley, IA 51346
  • 1487 135th Ave, Lake Park, IA 51347
  • 185 S Green Ave, Primghar, IA 51245

Are deposits at Savings Bank insured?

Yes. Savings Bank is an FDIC-insured bank (FDIC certificate #13735). 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.

Savings Bank: frequently asked questions

Is Savings Bank a good bank?

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 (12.6% capital ratio); Strongly profitable (ROA 1.41%).

Is Savings Bank FDIC-insured?

Yes. Savings Bank is a FDIC-insured bank (FDIC certificate #13735). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Savings Bank?

Savings Bank holds $298 million in total assets, ranking 16th of 226 banks we track in Iowa. It operates 3 branches.

Does Savings Bank have CFPB complaints?

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

Similar Banks

First Whitney Bank And Trust
bank · Atlantic, IA · $299M assets
Pioneer Bank
bank · Sergeant Bluff, IA · $295M assets
The Home Trust & Savings Bank
bank · Osage, IA · $295M assets
Leighton State Bank
bank · Pella, IA · $293M assets
Fairfax State Savings Bank
bank · Fairfax, IA · $288M assets
Farmers Savings Bank
bank · Colesburg, IA · $288M 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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