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The First National Bank Of Frederick

Frederick, SD · Est. 1882 · Website ↗
A
Trust Grade
Excellent
Score: 92/100

The First National Bank Of Frederick is a bank based in Frederick, South Dakota, established in 1882, with $29 million in total assets across 1 branch. By Trust Grade it ranks 43rd of 56 banks we track in South Dakota. Its capital ratio of 11.6% trails most similarly sized banks (46th percentile), versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 0.19% return on assets. No consumer complaints against The First National Bank Of Frederick appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$28.6M
<$100M institution
Deposits
$25.1M
Branches
1
Capital ratio
11.6%
Bottom 46% of <$100M peers · South Dakota median 10.4%
Return on assets
0.2%
Bottom 19% of <$100M peers · South Dakota median 1.32%
Rank in South Dakota
#43
of 56 banks

How The First National Bank Of Frederick compares to South Dakota peers

Capital ratio
Bottom 46% of <$100M peers
The First
11.6%
South Dakota median
10.4%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 19% of <$100M peers
The First
0.2%
South Dakota median
1.3%
Higher ROA = more profitable relative to asset base

How we graded The First National Bank Of Frederick

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

Financial strength
92/100
Customer experience
n/a
Overall
A · 92
  • Strongly capitalized (11.6% capital ratio)
  • Profitable (ROA 0.19%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (1)

  • 314 Main St, Frederick, SD 57441

Are deposits at The First National Bank Of Frederick insured?

Yes. The First National Bank Of Frederick is an FDIC-insured bank (FDIC certificate #3985). 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 First National Bank Of Frederick: frequently asked questions

Is The First National Bank Of Frederick a good bank?

The First National Bank Of Frederick earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (11.6% capital ratio); Profitable (ROA 0.19%).

Is The First National Bank Of Frederick FDIC-insured?

Yes. The First National Bank Of Frederick is a FDIC-insured bank (FDIC certificate #3985). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is The First National Bank Of Frederick?

The First National Bank Of Frederick holds $29 million in total assets, ranking 43rd of 56 banks we track in South Dakota. It operates 1 branch.

Does The First National Bank Of Frederick have CFPB complaints?

No CFPB complaints against The First National Bank Of Frederick 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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