Farmers State Bank Of Canton is a bank based in Canton, South Dakota, established in 1901, with $81 million in total assets across 1 branch. By Trust Grade it ranks 50th of 56 banks we track in South Dakota. Its capital ratio of 7.9% trails most similarly sized banks (9th percentile), versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 0.48% return on assets. No consumer complaints against Farmers State Bank Of Canton appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Farmers State Bank Of Canton compares to South Dakota peers
How we graded Farmers State Bank Of Canton
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.9% capital ratio)
- Profitable (ROA 0.48%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Farmers State Bank Of Canton over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 220 E 5th St, Canton, SD 57013
Are deposits at Farmers State Bank Of Canton insured?
Yes. Farmers State Bank Of Canton is an FDIC-insured bank (FDIC certificate #11133). 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.
Farmers State Bank Of Canton: frequently asked questions
Is Farmers State Bank Of Canton a good bank?
Farmers State Bank Of Canton earns a Bankzia Trust Grade of B (86/100, "Strong"), based on a financial-strength score of 86/100 (it has no CFPB complaints on record). Well-capitalized (7.9% capital ratio); Profitable (ROA 0.48%).
Is Farmers State Bank Of Canton FDIC-insured?
Yes. Farmers State Bank Of Canton is a FDIC-insured bank (FDIC certificate #11133). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Farmers State Bank Of Canton?
Farmers State Bank Of Canton holds $81 million in total assets, ranking 50th of 56 banks we track in South Dakota. It operates 1 branch.
Does Farmers State Bank Of Canton have CFPB complaints?
No CFPB complaints against Farmers State Bank Of Canton 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.
