Chelsea State Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.chelseastate.bank

734-475-1355

1010 South Main Street
Chelsea, MI 48118

Chelsea State Bank is headquartered in CHELSEA and is the 37^th largest bank in the state of Michigan. It is also the 2,043^rd largest bank in the nation. It was established in 1897 and as of March of 2025, it had grown to 61 employees at 4 locations. Chelsea State Bank has a B+ health rating.

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Health

B+

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	14009
Year Established	1897
Employees	61
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.79%
Return on Equity - YTD	16.96%
Annual Interest Income	$5.3MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$414MM$416.4MM
Loans	Q1 2025vs Q1 2024	$258.1MM$246.3MM
Deposits	Q1 2025vs Q1 2024	$366.7MM$373.4MM
Equity Capital	Q1 2025vs Q1 2024	$44MM$39.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$4.2MM$4.2MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$237K$179K
Real Estate Owned	Q1 2025vs Q1 2024	$600K$600K

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Locations

Chelsea State Bank Locations
Chelsea State Bank	1010 S Main St	Chelsea, MI 48118
Downtown Branch	305 South Main	Chelsea, MI 48118
Dexter Branch	7101 Dexter-Ann Arbor Road	Dexter, MI 48130

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