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Peoples State Bank Of Munising

Munising, MI · Est. 1910 · Website ↗
A
Trust Grade
Excellent
Score: 93/100

Peoples State Bank Of Munising is a bank based in Munising, Michigan, established in 1910, with $188 million in total assets across 5 branches. By Trust Grade it ranks 44th of 73 banks we track in Michigan. Its capital ratio of 12.0% is stronger than 73% of similarly sized banks, versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 0.42% return on assets. No consumer complaints against Peoples State Bank Of Munising appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$188.1M
$100M–1B institution
Deposits
$143.3M
Branches
5
Capital ratio
12.0%
Top 27% of $100M–1B peers · Michigan median 9.6%
Return on assets
0.4%
Bottom 11% of $100M–1B peers · Michigan median 1.15%
Rank in Michigan
#44
of 73 banks

How Peoples State Bank Of Munising compares to Michigan peers

Capital ratio
Top 27% of $100M–1B peers
Peoples State
12.0%
Michigan median
9.6%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 11% of $100M–1B peers
Peoples State
0.4%
Michigan median
1.1%
Higher ROA = more profitable relative to asset base

How we graded Peoples State Bank Of Munising

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

Financial strength
93/100
Customer experience
n/a
Overall
A · 93
  • Strongly capitalized (12.0% capital ratio)
  • Profitable (ROA 0.42%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (5)

  • N14264 Lake Ave, Grand Marais, MI 49839
  • 7591 Arbutus Street, Au Train, MI 49806
  • E9714 State Highway M28, Wetmore, MI 49895
  • North 5274 Rock Street, Chatham, MI 49816
  • 100 E Superior St, Munising, MI 49862

Are deposits at Peoples State Bank Of Munising insured?

Yes. Peoples State Bank Of Munising is an FDIC-insured bank (FDIC certificate #15165). 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.

Peoples State Bank Of Munising: frequently asked questions

Is Peoples State Bank Of Munising a good bank?

Peoples State Bank Of Munising earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Strongly capitalized (12.0% capital ratio); Profitable (ROA 0.42%).

Is Peoples State Bank Of Munising FDIC-insured?

Yes. Peoples State Bank Of Munising is a FDIC-insured bank (FDIC certificate #15165). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Peoples State Bank Of Munising?

Peoples State Bank Of Munising holds $188 million in total assets, ranking 44th of 73 banks we track in Michigan. It operates 5 branches.

Does Peoples State Bank Of Munising have CFPB complaints?

No CFPB complaints against Peoples State Bank Of Munising 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.

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