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127 West Berry Street
Fort Wayne, IN 46802

STAR Financial Bank is headquartered in Fort Wayne and is the 10st largest bank in the state of Indiana. It is also the 411st largest bank in the nation. It was established in 1988 and as of March of 2014, it had grown to 498 employees at 45 locations. STAR Financial Bank has a A+ health rating.

Reviews (3)

Star Caused Financial Hardship On My Family

I obtained a business loan through Star Financial. The business was unsucessful and had to close. Star Financial sued me and garnished my wages for $1,000/ month not leaving enough money to provide for my family so we had to depend upon relatives. New slogan suggestion: Star Financial: your kids went hungry but at least we got our money.

Loan Troubles

I have had a boat loan thru Star since 2010. The dealership is the one that set up the loan. Ever since then it has been a nightmare. The first year I was making my payments from my payment book. The next year I started recieving late payment statements for no reason. When I called them they told me my insurance wasn't correct on the boat and that is why they had to charge me more. I checked with my insurance and the boat was covered correctly. The bank was wrong. After about 2 months they sent me another payment book with my payment raised and I am not sure why. I just talked to them yesterday and they still say I don't have the correct insurance. By the way I have never recieved any kind of statement from the bank telling me what I owe on the boat. Their answer to that was that they don't send out statements. You have to personally walk into the bank or call for the amount. I will never do business with Star again.

Helpful Bank?

We Have had a checking account with Star Financial Bank for 11yrs. My wife and i are disabled and have our checks direct deposited. For that Star Bank has been great. No problems and always help with correcting account errors. I admit when we started out that our credit was'nt good, but over the 11 yrs we worked hard to straighten it out and have got our credit score to the middle 700's. We have have ask Star bank for 3 different loans on three different occations and each time the answer came back "no". We were however able to go to other banks and high end credit cards to get our financial needs. That is the only complaint we have against Star Bank.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 STAR Financial Bank had $10.94 million in non-current loans and owned real-estate with $189.34 million in equity and loan loss allowances on hand to cover it. This gives STAR Financial Bank a Texas Ratio of 5.78% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for STAR Financial Bank decreased dramatically from 10.83% as of March 31, 2013 to 5.78% as of March 31, 2014, resulting in a positive change of 46.69%.This indicates that the balance sheet and financial strength for STAR Financial Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, STAR Financial Bank has increased its total deposits by $50.64 million, resulting in 3.6% 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 STAR Financial Bank has shown is excellent.



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. STAR Financial Bank has $1.71 billion in assets with $189.34 million in equity, resulting in a capitalization level of 11.09%, which is excellent.

Institution Statistics

FDIC Certificate #27235
Year Established1988
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.71 billion
Loans$1.19 billion
Deposits$1.46 billion
Equity Capital$168.10 million
Loan Loss Allowance$21.24 million
Unbacked Noncurrent Loans$8.03 million
Real Estate Owned$2.91 million
Historic Data - March 2013
Assets$1.65 billion
Equity Capital$160.88 million
Loan Loss Allowance$21.49 million
Unbacked Noncurrent Loans$8.03 million
Real Estate Owned$5.19 million
Profit Margin - Quarterly
Net Interest Margin3.51%
Return on Assets0.71%
Return on Equity7.19%
Interest Income$14.24 million

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STAR Financial Bank Savings Account Rates

0.16%$2,500k-Preferred Liquidity Fund
0.02%--Regular Savings
0.02%--Cosmo Kid's Club

STAR Financial Bank Money Market Rates

0.05%$10k-Money Market Savings

STAR Financial Bank Checking Account Rates

0.05%$20k-Interest Checking

STAR Financial Bank CD Rates

1.25%$1k-5 Year Star Relationship CD
1.15%$1k-60 Month CD
1.15%$1k-60 Month HSA CD
1.00%$1k-4 Year Star Relationship CD
0.90%$1k-48 Month CD
0.90%$1k-48 Month HSA CD
0.65%$1k-3 Year Star Relationship CD
0.55%$1k-36 Month CD
0.55%$1k-36 Month HSA CD
0.35%$1k-30 Month Star Relationship CD
0.30%$1k-30 Month CD
0.30%$1k-30 Month HSA CD
0.30%$1k-2 Year Star Relationship CD
0.25%$1k-24 Month CD
0.25%$1k-24 Month HSA CD
0.25%$1k-18 Month Star Relationship CD
0.23%$1k-15 Month Star Relationship CD
0.20%$1k-18 Month CD
0.20%$1k-18 Month HSA CD
0.20%$1k-1 Year Star Relationship CD
0.18%$1k-15 Month CD
0.18%$1k-15 Month HSA CD
0.16%$1k-9 Month Star Relationship CD
0.15%$1k-12 Month CD
0.15%$1k-12 Month HSA CD
0.13%$1k-6 Month Star Relationship CD
0.11%$1k-9 Month CD
0.11%$1k-9 Month HSA CD
0.10%$5k-14 Day Star Power CD
0.10%$1k-3 Month Star Relationship CD
0.08%$1k-6 Month CD
0.08%$1k-6 Month HSA CD
0.07%$1k-1 Month Star Relationship CD

STAR Financial Bank has 48 locations. Click to view all STAR Financial Bank locations.