First Option Bank Reviews and Rates

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

See Offer

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

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

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!

Overview / Commentary

www.firstoptionbank.com

913-557-0800

601 Main Street
Osawatomie, KS 66064

First Option Bank is headquartered in OSAWATOMIE and is the 26^th largest bank in the state of Kansas. It is also the 1,356^th largest bank in the nation. It was established in 1923 and as of March of 2025, it had grown to 119 employees at 10 locations. First Option Bank has an A health rating.

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Health

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	4746
Year Established	1923
Employees	119
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.11%
Return on Equity - YTD	19.21%
Annual Interest Income	$8.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$715.8MM$707.1MM
Loans	Q1 2025vs Q1 2024	$437.8MM$436.5MM
Deposits	Q1 2025vs Q1 2024	$650.9MM$622.8MM
Equity Capital	Q1 2025vs Q1 2024	$43.2MM$36.6MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$3.9MM$3.4MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$42K$208K
Real Estate Owned	Q1 2025vs Q1 2024	$60K$0

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

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

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

Sorry, we do not have rate data for First Option Bank.

Locations

First Option Bank Locations
Louisburg Branch	103 Broadway	Louisburg, KS 66053
21101 W. 223rd St. Branch	21101 W. 223rd Street	Spring Hill, KS 66083
Lacygne Branch	506 E Market St	Lacygne, KS 66040
First Option Bank	601 Main St	Osawatomie, KS 66064
Paola Branch	702 Baptiste Drive	Paola, KS 66071
Horton Branch	1505 Central Street	Horton, KS 66439
Elwood Branch	209 Roseport Roadelwood	Elwood, KS 66024
1st Bank Of Troy Branch	212 South Main Street	Troy, KS 66087
Saint Joseph Branch	3702 Faraon Street	Saint Joseph, MO 64506

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