Treynor State Bank is headquartered in Treynor and is the 56th largest bank in the state of Iowa. It is also the 2,138th largest bank in the nation. It was established in 1923 and as of March of 2014, it had grown to 67 employees at 5 locations. Treynor State Bank has a B+ health rating.
Based upon a positive review I read, I opened an account. It seems this bank was/is not prepared to deal with out of area customers. They have sent me marketing materials for reasonably good, special CD rates through the mail, but even though I am a current customer they refused to open them for me. I was told I couldn't apply for the special offers unless I was willing to travel to a brick and mortar bank branch. They also have bad customer service via e-mail. I was surprised to see a branch manager responding to one of my e-mails when I had a question, however, I've found overall that 3 out 4 e-mails go unanswered. Those who cannot bank in person should stay away....thanks.
I have been very happy with my ts bank kasasa checking/savings. The customer service is very personal (they have called me a few times to give me a heads up on different updates to the account., and always are helpful when I call or email.) their mobile deposit is easy to use (easier than my"big bank" account that I hold for my business) and money is deposited very fast. The account reciprocates quickly with my paypal disposition and withdrawals, making cash flow better as well. I wouldn't hesitate to recommend them to a responsible banking customer who knows how to use their check card as a "credit" card and keeps track of their spending.
TS Bank is raising alot of eye brows and people seem to be flocking to this small community bank that is fiercely personal and ready to give your business and personal accounts lots of TLC and added value.I have opened an account and made some investments with them and they have a rockin trust department that handles complex money management estate planning. They are different from the mega bank I am used to. Wow, what a difference!
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 Treynor State Bank had $1.76 million in non-current loans and owned real-estate with $22.01 million in equity and loan loss allowances on hand to cover it. This gives Treynor State Bank a Texas Ratio of 8.01% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Treynor State Bank decreased dramatically from 14.30% as of March 31, 2013 to 8.01% as of March 31, 2014, resulting in a positive change of 44.03%.This indicates that the balance sheet and financial strength for Treynor State Bank has improved dramatically in recent periods.
In the past year, Treynor State Bank has increased its total deposits by $50.95 million, resulting in 24.15% 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 Treynor State 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. Treynor State Bank has $307.26 million in assets with $22.01 million in equity, resulting in a capitalization level of 7.16%, which is below average.
|FDIC Certificate #||14812|
|Assets and Liabilities|
|Equity Capital||$21.17 million|
|Loan Loss Allowance||$836,000|
|Unbacked Noncurrent Loans||$1.39 million|
|Real Estate Owned||$371,000|
|Historic Data - March 2013|
|Equity Capital||$23.79 million|
|Loan Loss Allowance||$1.19 million|
|Unbacked Noncurrent Loans||$1.39 million|
|Real Estate Owned||$308,000|
|Profit Margin - Quarterly|
|Net Interest Margin||3.4%|
|Return on Assets||0.77%|
|Return on Equity||11.69%|
|Interest Income||$2.88 million|
Always verify rates and promotions with the bank or credit union. We are not Treynor State Bank, we are a rate comparison website and can not provide official rates or promotions.
|0.31%||-||$25k||Kasasa Saver - Qualifying|
|0.01%||-||-||Kasasa Saver - Non Qualifying|
|0.15%||$25k||-||Prime Plus Money Market|
|3.01%||-||$10k||Kasasa Cash - Qualifying|
|3.01%||-||$10k||Kasasa Giving - Qualifying|
|0.01%||$1k||-||Interest on Checking|
|0.01%||-||-||Kasasa Cash - Non Qualifying|
|0.01%||-||-||Kasasa Giving - Non Qualifying|
|1.72%||$1k||-||60 Month CD|
|1.53%||$1k||-||48 Month CD|
|1.20%||$1k||-||36 Month CD|
|Treynor State Bank Locations|
|Treynor State Bank||15 East Main Street||Treynor, IA 51575|
|Hy-Vee Madison Avenue Branch||1745 Madison Avenue||Council Bluffs, IA 51503|
|Tj Branch||2501 West Broadway||Council Bluffs, IA 51501|
|Macedonia Branch||314 Main Street||Macedonia, IA 51549|
|Treynor State Bank||3201 West Broadway||Council Bluffs, IA 51501|