BankStar Financial is headquartered in Elkton and is the 31st largest bank in the state of South Dakota. It is also the 2,846th largest bank in the nation. It was established in 1926 and as of June of 2022, it had grown to 33 employees at 3 locations. BankStar Financial's money market rates are 5X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 496 |
Year Established | 1926 |
Employees | 33 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.16% |
Return on Equity - YTD | 13.19% |
Annual Interest Income | $4.4MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $236.4MM$222.9MM |
Loans | Q2 2022vs Q2 2021 | $182.6MM$173.3MM |
Deposits | Q2 2022vs Q2 2021 | $210.6MM$185.9MM |
Equity Capital | Q2 2022vs Q2 2021 | $19.3MM$21.9MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $2.0MM$1.8MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $562.00K$1.6MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
BankStar Financial Locations | ||
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Bankstar Financial | 124 Elk St | Elkton, SD 57026 |
Brookings Branch | 427 8th St S | Brookings, SD 57006 |
Volga Branch | 303 Kasan Avenue | Volga, SD 57071 |