American Bank & Trust

Overview / Commentary
120 East Main Street
Wessington Springs, SD 57382

American Bank & Trust is headquartered in Wessington Sprin and is the 14th largest bank in the state of South Dakota. It is also the 863rd largest bank in the nation. It was established in 1892 and as of June of 2019, it had grown to 134 employees at 13 locations. American Bank & Trust has an A+ health rating.

Related Posts

View all posts from:

Reviews (1)

Terrible Business

Posted by: Tagz93008 | Jan 12, 2019

I've been banking with this bank going on three years. Not once did I receive a monthly statement from them. The one time I ask for it they charge me close to $100. Just for the statements I should have been receiving in the first place. So I call and try to get my money back. Nope. They say, well return the statements then we'll refund it. Still nothing. I call and call and finally talk to the head honcho. "I'll get back to you after I figure it out". Nope. Then I call again. Turns out they won't do a thing to refund me for the statements I should have been receiving in the first place. Won't handle their employees right, won't do businesses with tem again. Ever.


Health Grade Components

FDIC Certificate #1117
Year Established1892
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.64%
Return on Equity - YTD16.7%
Annual Interest Income$20.8MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$921.4MM$742.0MM
LoansQ2 2019vs Q2 2018$677.0MM$566.5MM
DepositsQ2 2019vs Q2 2018$783.3MM$616.8MM
Equity CapitalQ2 2019vs Q2 2018$92.4MM$79.9MM
Loan Loss AllowanceQ2 2019vs Q2 2018$8.3MM$6.9MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$934.00K$674.00K
Real Estate OwnedQ2 2019vs Q2 2018$43.00K$2.3MM

Sorry, we do not have rate data for American Bank & Trust.



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.