The Port Austin State Bank is a bank based in Port Austin, Michigan, established in 1884, with $68 million in total assets across 1 branch. By Trust Grade it ranks 6th of 73 banks we track in Michigan. Its capital ratio of 18.1% is stronger than 82% of similarly sized banks, versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 1.75% return on assets. No consumer complaints against The Port Austin 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 The Port Austin State Bank compares to Michigan peers
How we graded The Port Austin State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (18.1% capital ratio)
- Strongly profitable (ROA 1.75%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Port Austin State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 62 E State St, Port Austin, MI 48467
Are deposits at The Port Austin State Bank insured?
Yes. The Port Austin State Bank is an FDIC-insured bank (FDIC certificate #14999). 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.
The Port Austin State Bank: frequently asked questions
Is The Port Austin State Bank a good bank?
The Port Austin 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 (18.1% capital ratio); Strongly profitable (ROA 1.75%).
Is The Port Austin State Bank FDIC-insured?
Yes. The Port Austin State Bank is a FDIC-insured bank (FDIC certificate #14999). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Port Austin State Bank?
The Port Austin State Bank holds $68 million in total assets, ranking 6th of 73 banks we track in Michigan. It operates 1 branch.
Does The Port Austin State Bank have CFPB complaints?
No CFPB complaints against The Port Austin 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.
