Featured Savings Rates
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Chelsea State Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.25%5-year CD60 Month CD
0.30%1-year CD12 Month CD
0.05%SavingsRegular Statement Savings

Overview / Commentary
734-475-1355
1010 South Main Street
Chelsea, MI 48118

Chelsea State Bank is headquartered in Chelsea and is the 44th largest bank in the state of Michigan. It is also the 2,345th largest bank in the nation. It was established in 1897 and as of December of 2016, it had grown to 49 employees at 3 locations. Chelsea State Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #14009
Year Established1897
Employees49
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.79%
Return on Equity - YTD15.87%
Annual Interest Income$9.7MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$277.2MM$270.2MM
LoansQ4 2016vs Q4 2015$164.6MM$151.9MM
DepositsQ4 2016vs Q4 2015$244.7MM$238.4MM
Equity CapitalQ4 2016vs Q4 2015$31.0MM$30.4MM
Loan Loss AllowanceQ4 2016vs Q4 2015$3.9MM$4.2MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$1.7MM$959.00K
Real Estate OwnedQ4 2016vs Q4 2015$599.00K$1.5MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Chelsea State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Combined Statement Savings
OTHER TIERS: 0.10% Up to $100k
0.05%--Regular Statement Savings

Chelsea State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Premier Money Market Savings
OTHER TIERS: 0.10% Up to $50k | 0.15% $50k - $100k
0.20%*$50k*-Combined Money Market Savings
OTHER TIERS: 0.10% Up to $25k | 0.15% $25k - $50k
0.10%*$2,500*-Money Market Savings
OTHER TIERS: 0.05% Up to $2,500

Chelsea State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Premier Interest Checking
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.05%--Regular Interest Checking

Chelsea State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$500-60 Month CD
1.00%$500-48 Month CD
0.70%$500-36 Month CD
0.55%$500-30 Month CD
0.50%$500-24 Month CD
0.35%$500-18 Month CD
0.30%$500-12 Month CD
0.20%$5k-182 Days CD

Chelsea State Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$500-60 Month IRA
1.00%$500-48 Month IRA
0.70%$500-36 Month IRA
0.55%$500-30 Month IRA
0.50%$500-24 Month IRA
0.35%$500-18 Month IRA
0.30%$500-12 Month IRA
0.20%$5k-182 Days IRA
Locations


Chelsea State Bank Locations
Chelsea State Bank1010 South Main StreetChelsea, MI 48118
Downtown Branch305 South MainChelsea, MI 48118
Dexter Branch7101 Dexter-Ann Arbor RoadDexter, MI 48130