Security Trust & Savings Bank is headquartered in Storm Lake and is the 95th largest bank in the state of Iowa. It is also the 2,638th largest bank in the nation. It was established in 1908 and as of September of 2020, it had grown to 23 employees at 3 locations. Security Trust & Savings Bank has an A+ health rating.
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.
Overall | |
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FDIC Certificate # | 968 |
Year Established | 1908 |
Employees | 23 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 0.74% |
Return on Equity - YTD | 6.32% |
Annual Interest Income | $5.5MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $253.4MM$231.8MM |
Loans | Q3 2020vs Q3 2019 | $89.8MM$91.6MM |
Deposits | Q3 2020vs Q3 2019 | $223.5MM$203.7MM |
Equity Capital | Q3 2020vs Q3 2019 | $28.8MM$27.0MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $1.1MM$967.00K |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $91.00K$291.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
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Security Trust & Savings Bank Locations | ||
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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 |