Security Trust & Savings Bank
Overview / Commentary
Security Trust & Savings Bank is headquartered in Storm Lake and is the 95th largest bank in the state of Iowa. It is also the 2,652nd largest bank in the nation. It was established in 1908 and as of December of 2018, it had grown to 22 employees at 3 locations. Security Trust & Savings Bank has an A+ health rating.
Reviews (1)
Disappointed In Customer Service
Posted by: interestinmind | Oct 28, 2017
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+
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 968 |
| Year Established | 1908 |
| Employees | 22 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.73% |
| Return on Equity - YTD | 6.81% |
| Annual Interest Income | $6.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $229.4MM$200.9MM |
| Loans | Q4 2018vs Q4 2017 | $96.1MM$65.6MM |
| Deposits | Q4 2018vs Q4 2017 | $202.5MM$176.9MM |
| Equity Capital | Q4 2018vs Q4 2017 | $24.0MM$22.0MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $815.00K$730.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $27.00K$161.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $135.00K$65.00K |
Rates
Sorry, we do not have rate data for Security Trust & Savings Bank.
Locations
| Security Trust & Savings Bank Locations | ||
|---|---|---|
| Security Trust & Savings Bank | 601 Lake Street | Storm Lake, IA 50588 |
| Auto Branch | 300 West 5th Street | Storm Lake, IA 50588 |
| Rembrandt Branch | 101 E Main St | Rembrandt, IA 50576 |