Average User Rating:
5 star rating based on 1 review.

State Bank & Trust

3100 13th Avenue, South
Fargo, ND 58103
800-450-8949
www.statebanks.com

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As stewards, dedicated to the growth and reputation of this independently owned organization, State Bank & Trust is committed to: *Promoting and sustaining their family atmosphere *Providing unequaled personal service to each and every customer *"Paying it forward" by giving back to the communities they serve

State Bank & Trust Routing Number: 091310521

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

State Bank & Trust Checking Account Rates

Apy	Min	Max	Product
0.20%	$100k	-	VIP Gold Interest Checking
0.05%	$500	-	VIP Interest Checking

State Bank & Trust Savings Account Rates

Apy	Min	Max	Product
0.20%	$50	-	IRA Variable Rate Savings
0.20%	$50	-	Roth IRA Variable Rate Savings
0.20%	$50	-	CESA Variable Rate Savings
0.20%	$50	-	SEP IRA Variable Rate Savings
0.10%	$50	$2,500	Regular Savings

State Bank & Trust Money Market Rates

Apy	Min	Max	Product
0.50%	$1m	-	Jumbo Money Market Savings
0.15%	$500	-	Money Market Savings

State Bank & Trust CD Rates

Apy	Min	Max	Product
1.40%	$500	-	5 Year CD
0.85%	$500	-	3 Year CD
0.80%	$500	-	27 Month Special CD
0.70%	$2,500	-	30 Month Flexible CD
0.70%	$500	-	20 Month CD Special
0.60%	$500	-	2 Year CD
0.55%	$2,500	-	15 Month Flexible CD
0.50%	$500	-	8 Month Special CD
0.50%	$500	-	18 Month CD
0.40%	$2,500	-	10 Month Flexible CD
0.40%	$500	-	1 Year CD
0.20%	$500	-	6 Month CD
0.10%	$500	-	3 Month CD

State Bank & Trust IRA Rates

Apy	Min	Max	Product
1.40%	$500	-	3 Year IRA
1.40%	$500	-	3 Year Roth IRA
1.40%	$500	-	3 Year CESA
1.40%	$500	-	3 Year SEP IRA
0.85%	$500	-	2 Year IRA
0.85%	$500	-	2 Year Roth IRA
0.85%	$500	-	2 Year CESA
0.85%	$500	-	2 Year SEP IRA
0.80%	$500	-	27 Month Special IRA
0.80%	$500	-	27 Month Special Roth IRA
0.80%	$500	-	27 Month Special CESA
0.80%	$500	-	27 Month Special SEP IRA
0.70%	$500	-	8 Month Special IRA
0.70%	$500	-	8 Month Special Roth IRA
0.70%	$500	-	8 Month Special CESA
0.70%	$500	-	8 Month Special SEP IRA
0.60%	$500	-	20 Month IRA
0.60%	$500	-	20 Month Roth IRA
0.60%	$500	-	20 Month CESA
0.60%	$500	-	20 Month SEP IRA
0.50%	$500	-	18 Month IRA
0.50%	$500	-	5 Year IRA
0.50%	$500	-	18 Month Roth IRA
0.50%	$500	-	5 Year Roth IRA
0.50%	$500	-	18 Month CESA
0.50%	$500	-	18 Month SEP IRA
0.50%	$500	-	5 Year CESA
0.50%	$500	-	5 Year SEP IRA
0.40%	$500	-	1 Year IRA
0.40%	$500	-	1 Year Roth IRA
0.40%	$500	-	1 Year CESA
0.40%	$500	-	1 Year SEP IRA
0.20%	$500	-	6 Month IRA
0.20%	$500	-	6 Month Roth IRA
0.20%	$500	-	6 Month CESA
0.20%	$500	-	6 Month SEP IRA
0.10%	$500	-	3 Month IRA
0.10%	$500	-	3 Month Roth IRA
0.10%	$500	-	3 Month CESA
0.10%	$500	-	3 Month SEP IRA

Rates updated: 2/10/2012

Data for Q3 2011

Institution Statistics

State Bank & Trust
FDIC Certificate #	19581
BankRate Report	View
Year Established	1966
Employees	640
Primary Regulator	FDIC
Assets and Liabilities
Assets	$2.08 billion
Loans	$1.93 billion
Deposits	$1.78 billion
Equity Capital	$201.01 million
Loan Loss Allowance	$22.66 million
Unbacked Noncurrent Loans	$13.58 million
Real Estate Owned	$8.36 million
Historic Data - September 2010
Assets	$1.97 billion
Equity Capital	$195.97 million
Loan Loss Allowance	$23.30 million
Unbacked Noncurrent Loans	$24.49 million
Real Estate Owned	$13.89 million
Profit Margin - Quarterly
Net Interest Margin	4.35%
Return on Assets	1.23%
Return on Equity	12.87%
Interest Income	$77.88 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
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 September 30, 2011 State Bank & Trust had $21.94 million in non-current loans and owned real-estate with $223.67 million in equity and loan loss allowances on hand to cover it. This gives State Bank & Trust a Texas Ratio of 9.81% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for State Bank & Trust decreased significantly from 17.55% as of September 30, 2010 to 9.81% as of September 30, 2011, resulting in a positive change of 44.11%.This indicates that the balance sheet and financial strength for State Bank & Trust has improved significantly in recent periods.
Deposit Growth
In the past year, State Bank & Trust has increased its total deposits by $103.69 million, resulting in 6.2% 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 State Bank & Trust has shown is excellent.
Capitalization
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. State Bank & Trust has $2.08 billion in assets with $223.67 million in equity, resulting in a capitalization level of 10.77%, which is above average.

Personal Banking
5 stars

- ClaudiaH - Saturday, May 14, 2011 - 5:52 PM

This is one of the best Banks I worked with. I got a sign on Bonus of $4o dollars just to open my account without a minimum Balance.I get free checkblanks for life every time I use my debitcard I get 10 cents to my account for a over $25 dollar purchase. Free Bill paying on line and many more I can save up to $365 a year. Plus once I had a overdraft problem they helped me and fixed it without charge. Also everytime you go there they have fresh baked cookies. Great Bank and great people.