Security Trust & Savings Bank


Overview / Commentary
712-732-3022
601 Lake Street
Storm Lake, IA 50588

Security Trust & Savings Bank is headquartered in Storm Lake and is the 90th largest bank in the state of Iowa. It is also the 2,598th largest bank in the nation. It was established in 1908 and as of June of 2021, it had grown to 22 employees at 3 locations. Security Trust & Savings Bank has an A+ 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
A+

Health Grade Components

Overall
FDIC Certificate #968
Year Established1908
Employees22
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.44%
Return on Equity - YTD4.35%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$278.3MM$234.1MM
LoansQ2 2021vs Q2 2020$77.4MM$92.3MM
DepositsQ2 2021vs Q2 2020$250.5MM$204.7MM
Equity CapitalQ2 2021vs Q2 2020$27.5MM$28.4MM
Loan Loss AllowanceQ2 2021vs Q2 2020$1.2MM$1.1MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$17.00K$111.00K
Real Estate OwnedQ2 2021vs Q2 2020$0$0
Rates

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

Locations


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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