First National Bank In Philip is a bank based in Philip, South Dakota, established in 1906, with $466 million in total assets across 2 branches. By Trust Grade it ranks 19th of 56 banks we track in South Dakota. Its capital ratio of 10.9% is stronger than 62% of similarly sized banks, versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 2.27% return on assets. No consumer complaints against First National Bank In Philip appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First National Bank In Philip compares to South Dakota peers
How we graded First National Bank In Philip
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.9% capital ratio)
- Strongly profitable (ROA 2.27%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First National Bank In Philip over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 103 E Oak Street, Philip, SD 57567
- 127 Main St, Faith, SD 57626
Are deposits at First National Bank In Philip insured?
Yes. First National Bank In Philip is an FDIC-insured bank (FDIC certificate #3999). 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.
First National Bank In Philip: frequently asked questions
Is First National Bank In Philip a good bank?
First National Bank In Philip 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 (10.9% capital ratio); Strongly profitable (ROA 2.27%).
Is First National Bank In Philip FDIC-insured?
Yes. First National Bank In Philip is a FDIC-insured bank (FDIC certificate #3999). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First National Bank In Philip?
First National Bank In Philip holds $466 million in total assets, ranking 19th of 56 banks we track in South Dakota. It operates 2 branches.
Does First National Bank In Philip have CFPB complaints?
No CFPB complaints against First National Bank In Philip 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.
