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Overview / Commentary
605-542-2681
124 Elk Street
Elkton, SD 57026

BankStar Financial is headquartered in Elkton and is the 31st largest bank in the state of South Dakota. It is also the 3,632nd largest bank in the nation. It was established in 1926 and as of June of 2016, it had grown to 30 employees at 3 locations. BankStar Financial has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #496
Year Established1926
Employees30
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.35%
Return on Equity - YTD12.35%
Annual Interest Income$3.0MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$145.6MM$129.3MM
LoansQ2 2016vs Q2 2015$114.9MM$103.6MM
DepositsQ2 2016vs Q2 2015$122.1MM$109.4MM
Equity CapitalQ2 2016vs Q2 2015$15.7MM$14.5MM
Loan Loss AllowanceQ2 2016vs Q2 2015$704.00K$634.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$50.00K$539.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Rates
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BankStar Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*-$25kePlus Checking
OTHER TIERS: 0.25% $25k+
Locations


BankStar Financial Locations
Bankstar Financial124 Elk StreetElkton, SD 57026
Brookings Branch427 8th St SBrookings, SD 57006
Volga Branch 303 Kasan AvenueVolga, SD 57071