Bankstar Financial is a bank based in Elkton, South Dakota, established in 1926, with $358 million in total assets across 3 branches. By Trust Grade it ranks 36th of 56 banks we track in South Dakota. Its capital ratio of 9.3% trails most similarly sized banks (36th percentile), versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 1.25% return on assets. No consumer complaints against Bankstar Financial appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Bankstar Financial compares to South Dakota peers
How we graded Bankstar Financial
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.3% capital ratio)
- Strongly profitable (ROA 1.25%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Bankstar Financial over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 124 Elk St, Elkton, SD 57026
- 1301 6th St, Brookings, SD 57006
- 424 East Hwy 14, Volga, SD 57071
Are deposits at Bankstar Financial insured?
Yes. Bankstar Financial is an FDIC-insured bank (FDIC certificate #496). 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.
Bankstar Financial: frequently asked questions
Is Bankstar Financial a good bank?
Bankstar Financial earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (9.3% capital ratio); Strongly profitable (ROA 1.25%).
Is Bankstar Financial FDIC-insured?
Yes. Bankstar Financial is a FDIC-insured bank (FDIC certificate #496). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Bankstar Financial?
Bankstar Financial holds $358 million in total assets, ranking 36th of 56 banks we track in South Dakota. It operates 3 branches.
Does Bankstar Financial have CFPB complaints?
No CFPB complaints against Bankstar Financial 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.
