Overview / Commentary
605-539-1222
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 861st largest bank in the nation. It was established in 1892 and as of December of 2018, it had grown to 139 employees at 13 locations. American Bank & Trust has an A+ health rating.

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2.6% APY 19-Month CD Special (SD) - 8/5/2018

Minimum $5,000 new money required. https://www.abt.bank/personal/personal-savings/cd-promotion.html

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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
A+

Health Grade Components

Overall
FDIC Certificate #1117
Year Established1892
Employees139
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.54%
Return on Equity - YTD14.9%
Annual Interest Income$35.0MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$907.5MM$708.9MM
LoansQ4 2018vs Q4 2017$674.1MM$532.1MM
DepositsQ4 2018vs Q4 2017$769.6MM$580.6MM
Equity CapitalQ4 2018vs Q4 2017$86.8MM$79.5MM
Loan Loss AllowanceQ4 2018vs Q4 2017$7.7MM$6.5MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$688.00K$219.00K
Real Estate OwnedQ4 2018vs Q4 2017$20.00K$2.1MM
Rates

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

Locations

Availability



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