Chelsea State Bank is a bank based in Chelsea, Michigan, established in 1897, with $422 million in total assets across 4 branches. By Trust Grade it ranks 4th of 73 banks we track in Michigan. Its capital ratio of 10.9% is stronger than 61% of similarly sized banks, versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 1.29% return on assets. No consumer complaints against Chelsea 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 Chelsea State Bank compares to Michigan peers
How we graded Chelsea State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.9% capital ratio)
- Strongly profitable (ROA 1.29%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Chelsea State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 305 S Main St, Chelsea, MI 48118
- 7101 Dexter Ann Arbor Rd, Dexter, MI 48130
- 611 N Wisner Street, Jackson, MI 49202
- 1010 S Main St, Chelsea, MI 48118
Are deposits at Chelsea State Bank insured?
Yes. Chelsea State Bank is an FDIC-insured bank (FDIC certificate #14009). 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 State Bank: frequently asked questions
Is Chelsea State Bank a good bank?
Chelsea 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 (10.9% capital ratio); Strongly profitable (ROA 1.29%).
Is Chelsea State Bank FDIC-insured?
Yes. Chelsea State Bank is a FDIC-insured bank (FDIC certificate #14009). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Chelsea State Bank?
Chelsea State Bank holds $422 million in total assets, ranking 4th of 73 banks we track in Michigan. It operates 4 branches.
Does Chelsea State Bank have CFPB complaints?
No CFPB complaints against Chelsea State Bank appear in our data over the analysis window, which is typical for a bank of this size.
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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.
