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The Farmers State Bank Of Turton

Turton, SD · Est. 1915 · Website ↗
B
Trust Grade
Strong
Score: 89/100

The Farmers State Bank Of Turton is a bank based in Turton, South Dakota, established in 1915, with $40 million in total assets across 1 branch. By Trust Grade it ranks 46th of 56 banks we track in South Dakota. Its capital ratio of 10.4% trails most similarly sized banks (33th percentile), versus a South Dakota median of 10.4%. It posted a loss over the most recent period (-0.14% return on assets), a point to watch. No consumer complaints against The Farmers State Bank Of Turton appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$40.2M
<$100M institution
Deposits
$35.2M
Branches
1
Capital ratio
10.4%
Bottom 33% of <$100M peers · South Dakota median 10.4%
Return on assets
-0.1%
Bottom 14% of <$100M peers · South Dakota median 1.32%
Rank in South Dakota
#46
of 56 banks

How The Farmers State Bank Of Turton compares to South Dakota peers

Capital ratio
Bottom 33% of <$100M peers
The Farmers
10.4%
South Dakota median
10.4%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 14% of <$100M peers
The Farmers
-0.1%
South Dakota median
1.3%
Higher ROA = more profitable relative to asset base

How we graded The Farmers State Bank Of Turton

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

Financial strength
89/100
Customer experience
n/a
Overall
B · 89
  • Strongly capitalized (10.4% capital ratio)
  • Unprofitable over the period (ROA -0.14%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (1)

  • 123 E Center St, Turton, SD 57477

Are deposits at The Farmers State Bank Of Turton insured?

Yes. The Farmers State Bank Of Turton is an FDIC-insured bank (FDIC certificate #6084). 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 Farmers State Bank Of Turton: frequently asked questions

Is The Farmers State Bank Of Turton a good bank?

The Farmers State Bank Of Turton earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Strongly capitalized (10.4% capital ratio); Unprofitable over the period (ROA -0.14%).

Is The Farmers State Bank Of Turton FDIC-insured?

Yes. The Farmers State Bank Of Turton is a FDIC-insured bank (FDIC certificate #6084). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is The Farmers State Bank Of Turton?

The Farmers State Bank Of Turton holds $40 million in total assets, ranking 46th of 56 banks we track in South Dakota. It operates 1 branch.

Does The Farmers State Bank Of Turton have CFPB complaints?

No CFPB complaints against The Farmers State Bank Of Turton appear in our data over the analysis window, which is typical for a bank of this size.

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Bryant State Bank
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The Security State Bank
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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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