Bank Of Elgin is a bank based in Elgin, Nebraska, established in 1935, with $84 million in total assets across 1 branch. By Trust Grade it ranks 25th of 139 banks we track in Nebraska. Its capital ratio of 13.6% is stronger than 63% of similarly sized banks, versus a Nebraska median of 10.8%. It was profitable over the most recent period, with a 2.12% return on assets. No consumer complaints against Bank Of Elgin appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Bank Of Elgin compares to Nebraska peers
How we graded Bank Of Elgin
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.6% capital ratio)
- Strongly profitable (ROA 2.12%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Bank Of Elgin over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 101 N 2nd St, Elgin, NE 68636
Are deposits at Bank Of Elgin insured?
Yes. Bank Of Elgin is an FDIC-insured bank (FDIC certificate #16154). 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.
Bank Of Elgin: frequently asked questions
Is Bank Of Elgin a good bank?
Bank Of Elgin 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 (13.6% capital ratio); Strongly profitable (ROA 2.12%).
Is Bank Of Elgin FDIC-insured?
Yes. Bank Of Elgin is a FDIC-insured bank (FDIC certificate #16154). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Bank Of Elgin?
Bank Of Elgin holds $84 million in total assets, ranking 25th of 139 banks we track in Nebraska. It operates 1 branch.
Does Bank Of Elgin have CFPB complaints?
No CFPB complaints against Bank Of Elgin 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.
