2.5 star ratingAverage User Rating:
2.5 star rating based on 3 reviews.

Cooper State Bank

Cooper State Bank Locations
5811 Sawmill Road
Dublin, OH 43017
1-(866) 400-5999
www.csbank.com



Cooper State Bank is headquartered in Dublin and is the 155th largest bank in the state of Ohio. It is also the 4,861st largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 70 employees at 6 locations. Cooper State Bank has a 5-star health rating.

Cooper State Bank Routing Number: 044015747



See Rates for: Checking | Savings | Money Market | CD

Cooper State Bank Checking Account Rates

ApyMinMaxProduct
0.40%$50k-Club 50 Checking Account
0.40%$99k-Premier Checking Account

Cooper State Bank Savings Account Rates

ApyMinMaxProduct
0.10%--Savings Account

Cooper State Bank Money Market Rates

ApyMinMaxProduct
0.50%$200k-Money Market Account

Cooper State Bank CD Rates

ApyMinMaxProduct
1.00%$500-36-60 Month CD
1.00%$500-36 Month Step Up CD Special
0.50%$500-12-35 Month CD
0.25%$500-6-11 Month CD
0.15%$500-3 Month CD

Rates updated: 5/25/2012

Data for Q1 2012


Institution Statistics


Cooper State Bank
FDIC Certificate #58041
BankRate ReportView
Year Established2005
Employees70
Primary RegulatorFDIC

Assets and Liabilities

Assets$103.43 million
Loans$85.94 million
Deposits$90.73 million
Equity Capital$7.90 million
Loan Loss Allowance$1.15 million
Real Estate Owned$36,000

Historic Data - March 2011

Assets$91.03 million
Equity Capital$8.15 million
Loan Loss Allowance$1.09 million
Real Estate Owned$52,000

Profit Margin - Quarterly

Net Interest Margin4.51%
Return on Assets-0.31%
Return on Equity-4.01%
Interest Income$1.22 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Cooper State Bank had $36,000 in non-current loans and owned real-estate with $9.04 million in equity and loan loss allowances on hand to cover it. This gives Cooper State Bank a Texas Ratio of 0.40% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Cooper State Bank decreased slightly from 0.56% as of March 31, 2011 to 0.40% as of March 31, 2012, resulting in a positive change of 29.31%.This indicates that the balance sheet and financial strength for Cooper State Bank has improved slightly in recent periods.
Deposit Growth5
In the past year, Cooper State Bank has increased its total deposits by $11.62 million, resulting in 14.69% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Cooper State Bank has shown is excellent.
Capitalization3
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Cooper State Bank has $103.43 million in assets with $9.04 million in equity, resulting in a capitalization level of 8.74%, which is average.
Write Review

Great Customer Service.
5 stars - dillian - Monday, February 21, 2011 - 2:52 AM

This bank is new to my area but I am very glad I opened an account with them. Their website is simple and easy to use, their service is fast and the customer service is great. Best of all, if you open a checking account with $100 then they will match it and deposit $100 into your account as well. Then, there are a few other ways to get cash bonuses, such as setting up direct deposit ($25) and referring a friend ($25).

4

I Was Treated Very Poorly...
1 stars - itmedic614 - Friday, January 6, 2012 - 4:33 PM

I banked with CSBank for over two years, with a business account, then opened a personal account, because of their promised promotions. The banker never explained to me that I had to do a number of debit card transactions for me to qualify for the bonus. I go into CSBank, a few months later, and ask why I never got the credit, and they inform me that I did do the cash deposit amount but I didn't qualify for the bonus because I didn't do the debit transactions. I told them I was never informed of this, so the teller goes and talks to the sales manager, who then refuses to even talk to me, and pushes this whole matter back onto the teller. This all left a rotten taste in my mouth so I closed my business account on the spot. I went to another branch where I was told the vindictive manager at Clintonville notated my account so no one else would work with me on this bonus I felt I got bait and switched on. Nevermind that my balance is quite high, and I never overdrafted this account, and the fact that they routinely work with people on this issue daily, and credit accounts for the same issue by waiving this requirement (I know several people that they have worked with). It's obvious that I enraged her when I closed my business account, and although she couldn't find the time to talk to me face to face, she did have the time to notate my account so no one else would.

It's funny to watch a local bank with under 10 branches treat a long term customer with such disdain.  I can live with not getting my way on this, since I agree I didn't adhere to the strick terms upon opening this account, but the unprofessionalism of the Clintonville bank manager really got under my skin. As a customer I atleast deserve a face to face with her, instead of being pushed off on a teller making barely above minimum wage. I will be going to my Clintonville branch within the next few days to close out my personal account, in cash, and will transfer those funds to a bank that actually values my business. I think this bank varies from branch to branch, and the Clintonville branch is not as good as the Sawmill branch or other branches, but once I found out that the manager at Clintonville notated my account so I wouldn't get help at other branches I knew it was time to ditch this bank for another.

3

Really One Star Is TOO MANY - WORST BANK - BEWARE!!!!!!!
1 stars - standingup - Tuesday, March 27, 2012 - 4:04 PM

The person with the Clintonville branch is right on. We opened a business account at the Reynoldsburg branch two and half months ago. We have been treated as if we were criminals and all we have ever done is try to make legimate deposits.

I get the feeling this bank was set up to deal with people with a shady past, maybe bad credit etc., wish we had known that ahead of time. We have A++ credit and have NEVER had bounced checks or any of that.

Any way we moved our account to Heartland Bank. We explained some of the issues we had trying to make deposits at Cooper and they could not beleive it. I have another business account with Heartland and should have taken the new account there, just liked the Cooper hours, not worth it, that is there ONLY draw!!

The personel are also very cold and uncariing, well when they go down they will wish they treated their customers like they appreciated their business.

Any way we know alot of people and we will be spreading the word to stay far away from Cooper State Bank!

Sorry we wasted our time - happy to now be with a REAL bank - HEARTLAND BANK IS THE TOPS, been with them 5 years!

2