Solon State Bank is a bank based in Solon, Iowa, established in 1932, with $127 million in total assets across 3 branches. By Trust Grade it ranks 63rd of 226 banks we track in Iowa. Its capital ratio of 23.4% is stronger than 98% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 2.82% return on assets. No consumer complaints against Solon State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Solon State Bank compares to Iowa peers
How we graded Solon State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (23.4% capital ratio)
- Strongly profitable (ROA 2.82%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Solon State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 444 State St, Tiffin, IA 52340
- 126 S Market St, Solon, IA 52333
- 1540 State St, Ely, IA 52227
Are deposits at Solon State Bank insured?
Yes. Solon State Bank is an FDIC-insured bank (FDIC certificate #232). 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.
Solon State Bank: frequently asked questions
Is Solon State Bank a good bank?
Solon State 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 (23.4% capital ratio); Strongly profitable (ROA 2.82%).
Is Solon State Bank FDIC-insured?
Yes. Solon State Bank is a FDIC-insured bank (FDIC certificate #232). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Solon State Bank?
Solon State Bank holds $127 million in total assets, ranking 63rd of 226 banks we track in Iowa. It operates 3 branches.
Does Solon State Bank have CFPB complaints?
No CFPB complaints against Solon State 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.
