Chelsea Savings Bank

Chelsea Savings Bank


Overview / Commentary
319-444-3144
601 13th St
Belle Plaine, IA 52208

Chelsea Savings Bank is headquartered in BELLE PLAINE and is the 149th largest bank in the state of Iowa. It is also the 3,118th largest bank in the nation. It was established in 1936 and as of March of 2025, it had grown to 24 employees at 5 locations. Chelsea Savings Bank has an A health rating.

Reviews

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Health

Health Grade Components

Overall
FDIC Certificate #15427
Year Established1936
Employees24
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.33%
Return on Equity - YTD14.15%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$190.9MM$183.5MM
LoansQ1 2025vs Q1 2024$74MM$56.6MM
DepositsQ1 2025vs Q1 2024$170.2MM$167.1MM
Equity CapitalQ1 2025vs Q1 2024$18.8MM$15.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$567K$602K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$217K$273K
Real Estate OwnedQ1 2025vs Q1 2024$0$22K
Rates

Rates for Chelsea Savings Bank are currently being reviewed.

Locations


Chelsea Savings Bank Locations
Van Horne Branch100 First AvenueVan Horne, IA 52346
Chelsea Savings Bank - Traer100 North Main StreetTraer, IA 50675
Chelsea Savings Bank601 13th StBelle Plaine, IA 52208
Chelsea Branch1101 Station StreetChelsea, IA 52215
Old Victor State Bank Branch201 Washington StreetVictor, IA 52347

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