German American (Jasper, IN)
German American (Jasper, IN) is headquartered in JASPER and is the 9th largest bank in the state of Indiana. It is also the 243rd largest bank in the nation. It was established in 1910 and as of June of 2023, it had grown to 878 employees at 76 locations. German American (Jasper, IN) has a B+ health rating.
Honest bank
I have banked with German American for almost 1 year. I set up a checking account to have my paycheck deposited electronically. I have found their website to be easy to use. It has a clean look and is very easy to navigate. They also have a mobile app downloadable through the Google Play store or Apple iOs. The app is very easy to set-up and use. I have only had to contact customer service once but it was a very enjoyable experience. They also have on-line customer support during business hours. I have really enjoyed my time with German American Bank and I would recommend it to anyone.
German American: A great local bank
I've been banking with German American for the past four years and would highly recommend it to anyone in the Southern Indiana region. The staff are very friendly and treat you like one of their own. They are very judicious with their fees, and wait several days to charge a late fee if you've had trouble overdrawing your account. The online banking function and services they offer are adequate and work well for a regional bank. I've banked with larger sized institutions and the services that GA provides are comparable across the board. Though I've never had to personally request one, I know people who have gotten loans through the institution and have spoke favorably of the process. Overall, I would highly recommend German American as a local bank.
Horrible Bank
I have banked at German American for years...I can't go into the details but I can tell you they do not care about you....you will never actually speak to someone in charge, they are unreachable !!
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17393 |
| Year Established | 1910 |
| Employees | 878 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.49% |
| Return on Equity - YTD | 15.27% |
| Annual Interest Income | $123.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $6.04B$6.46B |
| Loans | Q2 2023vs Q2 2022 | $3.79B$3.61B |
| Deposits | Q2 2023vs Q2 2022 | $5.24B$5.75B |
| Equity Capital | Q2 2023vs Q2 2022 | $601.2MM$591.3MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $44.3MM$45.0MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $10.2MM$14.0MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
