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State Bank Of Jeffers

Jeffers, MN · Est. 1900 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

State Bank Of Jeffers is a bank based in Jeffers, Minnesota, established in 1900, with $40 million in total assets across 1 branch. By Trust Grade it ranks 9th of 224 banks we track in Minnesota. Its capital ratio of 13.3% is stronger than 60% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 2.52% return on assets. No consumer complaints against State Bank Of Jeffers appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$39.8M
<$100M institution
Deposits
$34.2M
Branches
1
Capital ratio
13.3%
Top 40% of <$100M peers · Minnesota median 9.5%
Return on assets
2.5%
Top 6% of <$100M peers · Minnesota median 1.24%
Rank in Minnesota
#9
of 224 banks

How State Bank Of Jeffers compares to Minnesota peers

Capital ratio
Top 40% of <$100M peers
State Bank
13.3%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 6% of <$100M peers
State Bank
2.5%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded State Bank Of Jeffers

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

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (13.3% capital ratio)
  • Strongly profitable (ROA 2.52%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (1)

  • 104 E Whited St, Jeffers, MN 56145

Are deposits at State Bank Of Jeffers insured?

Yes. State Bank Of Jeffers is an FDIC-insured bank (FDIC certificate #10200). 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.

State Bank Of Jeffers: frequently asked questions

Is State Bank Of Jeffers a good bank?

State Bank Of Jeffers 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 (13.3% capital ratio); Strongly profitable (ROA 2.52%).

Is State Bank Of Jeffers FDIC-insured?

Yes. State Bank Of Jeffers is a FDIC-insured bank (FDIC certificate #10200). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is State Bank Of Jeffers?

State Bank Of Jeffers holds $40 million in total assets, ranking 9th of 224 banks we track in Minnesota. It operates 1 branch.

Does State Bank Of Jeffers have CFPB complaints?

No CFPB complaints against State Bank Of Jeffers 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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