Security Trust & Savings Bank

Overview / Commentary
601 Lake Street
Storm Lake, IA 50588

Security Trust & Savings Bank is headquartered in STORM LAKE and is the 104th largest bank in the state of Iowa. It is also the 2,621st largest bank in the nation. It was established in 1908 and as of June of 2023, it had grown to 21 employees at 3 locations. Security Trust & Savings Bank has a B health rating.

Reviews (1)

Disappointed In Customer Service

Called to inquire about an IRA account today (10-27-17) and was told the person handling that area was out to lunch. I called again and the gentleman was busy. The operator said he would likely only be 10 minutes or so. I left a message to receive a call back. Waited the rest of the day and no return call. Not a good first impression.


Health Grade Components

FDIC Certificate #968
Year Established1908
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.71%
Return on Equity - YTD10.49%
Annual Interest Income$5.8MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$267.1MM$298.3MM
LoansQ2 2023vs Q2 2022$78.7MM$72.2MM
DepositsQ2 2023vs Q2 2022$247.7MM$277.3MM
Equity CapitalQ2 2023vs Q2 2022$19.0MM$20.8MM
Loan Loss AllowanceQ2 2023vs Q2 2022$1.3MM$1.3MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$209.00K$0
Real Estate OwnedQ2 2023vs Q2 2022$0$0

Sorry, we do not have rate data for Security Trust & Savings Bank.


Security Trust & Savings Bank Locations
Security Trust & Savings Bank601 Lake StreetStorm Lake, IA 50588
Auto Branch300 West 5th StreetStorm Lake, IA 50588
Rembrandt Branch101 E Main StRembrandt, IA 50576

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