First Option Bank is a bank based in Osawatomie, Kansas, established in 1923, with $786 million in total assets across 10 branches. By Trust Grade it ranks 174th of 186 banks we track in Kansas. Its capital ratio of 6.6% trails most similarly sized banks (5th percentile), versus a Kansas median of 10.4%. It was profitable over the most recent period, with a 1.51% return on assets. No consumer complaints against First Option Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Option Bank compares to Kansas peers
How we graded First Option Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (6.6% capital ratio)
- Strongly profitable (ROA 1.51%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Option Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 3702 Faraon St, Saint Joseph, MO 64506
- 702 Baptiste Dr, Paola, KS 66071
- 1505 Central Ave, Horton, KS 66439
- 209 Roseport Roadelwood, Elwood, KS 66024
- 601 Main St, Osawatomie, KS 66064
- 212 S Main St, Troy, KS 66087
- 506 E Market St, Lacygne, KS 66040
- 103 Broadway, Louisburg, KS 66053
- 21101 W 223rd St, Spring Hill, KS 66083
- 7300 West 159th Street, Overland Park, KS 66223
Are deposits at First Option Bank insured?
Yes. First Option Bank is an FDIC-insured bank (FDIC certificate #4746). 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.
First Option Bank: frequently asked questions
Is First Option Bank a good bank?
First Option Bank earns a Bankzia Trust Grade of B (85/100, "Strong"), based on a financial-strength score of 85/100 (it has no CFPB complaints on record). Well-capitalized (6.6% capital ratio); Strongly profitable (ROA 1.51%).
Is First Option Bank FDIC-insured?
Yes. First Option Bank is a FDIC-insured bank (FDIC certificate #4746). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Option Bank?
First Option Bank holds $786 million in total assets, ranking 174th of 186 banks we track in Kansas. It operates 10 branches.
Does First Option Bank have CFPB complaints?
No CFPB complaints against First Option 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.
