DeMotte State Bank

Overview / Commentary
210 South Halleck Street
Demotte, IN 46310

DeMotte State Bank is headquartered in Demotte and is the 34th largest bank in the state of Indiana. It is also the 1,656th largest bank in the nation. It was established in 1942 and as of June of 2022, it had grown to 114 employees at 11 locations. DeMotte State Bank's savings rates are 5X the national average, and it has a B+ health rating.

Reviews (2)


Posted by: |

My husband notified the bank of a fraudulent charge that was going to effect his debit card prior to actually hitting his account. The bank willing allowed the charges to go through - they did not even attempt to stop the charges. We made a claim with the FDIC in order to resolve the issue. The bank retaliated by putting a hold on my account (different account than my husband) for suspected fraud without any valid reason (no suspicious charges) when my monthly automatic payments (ACH's) were scheduled to be withdrawn. This caused issues with the companies needing to be paid (electric, telephone, insurance & television service). I was able to straighten them all out without and additional costs but I had to spend time getting it resolved. The "manager" (teller supervisor) at the Roselawn branch is rude, and does not present herself anywhere close to professionally in appearance or attitude.

Do Not Bank With Them.

Terrible customer service. Even the manager was rude. Was given false info multiple times and had nothing but problems.


Health Grade Components

FDIC Certificate #15883
Year Established1942
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD9.87%
Annual Interest Income$8.2MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$536.5MM$530.7MM
LoansQ2 2022vs Q2 2021$219.8MM$224.7MM
DepositsQ2 2022vs Q2 2021$473.7MM$436.5MM
Equity CapitalQ2 2022vs Q2 2021$36.4MM$58.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$3.3MM$3.3MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$2.2MM$2.5MM
Real Estate OwnedQ2 2022vs Q2 2021$0$71.00K
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Always verify rates and promotions with the bank or credit union. We are not DeMotte State Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

DeMotte State Bank Savings Account Rates

2.79%$100-Savings Growth Account
0.05%$5-Savings Account

DeMotte State Bank Money Market Rates

1.00%*$100k*-Smart Investor Money Market Account
OTHER TIERS: 0.25% $2.5k - $50k | 0.75% $50k - $100k
0.20%$2.5k-Super Money Market Account

DeMotte State Bank Checking Account Rates

0.15%*$100k*-Prime Account
OTHER TIERS: 0.05% $2.5k - $50k | 0.10% $50k - $100k

DeMotte State Bank CD Rates

4.16%$5k-14 Month CD Special with DSB Account
3.77%$5k-8 Month CD
3.39%$5k-29 Month CD Special with DSB Account
2.78%$500-5 Year CD
2.52%$500-4 Year CD
2.02%$500-3 Year CD
2.01%$2.5k-182 Day CD
1.76%$5k-14 Month CD
1.76%$500-1 Year CD
1.76%$500-18 Month CD
1.76%$500-2 Year CD
1.76%$500-30 Month CD
1.71%$5k-29 Month CD
0.75%$2.5k-91 Day CD

DeMotte State Bank IRA Rates

2.78%$500-5 Year IRA
2.52%$500-4 Year IRA
2.02%$500-3 Year IRA
2.01%$2.5k-182 Day IRA
1.76%$500-1 Year IRA
1.76%$500-18 Month IRA
1.76%$500-2 Year IRA
1.76%$500-30 Month IRA
0.75%$2.5k-91 Day IRA


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