Solon State Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.solonstatebank.com

319-624-3405

126 South Market Street
Solon, IA 52333

Solon State Bank is headquartered in SOLON and is the 180^th largest bank in the state of Iowa. It is also the 3,580^th largest bank in the nation. It was established in 1932 and as of March of 2025, it had grown to 16 employees at 3 locations. Solon State Bank has a C health rating.

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Health

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	232
Year Established	1932
Employees	16
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	2.73%
Return on Equity - YTD	13.2%
Annual Interest Income	$1.9MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$128.3MM$127.5MM
Loans	Q1 2025vs Q1 2024	$80.6MM$72.4MM
Deposits	Q1 2025vs Q1 2024	$86.5MM$93.9MM
Equity Capital	Q1 2025vs Q1 2024	$27.1MM$24.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$462K$362K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$9MM$6.4MM
Real Estate Owned	Q1 2025vs Q1 2024	$3MM$3.3MM

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Solon State Bank are currently being reviewed.

Locations

Solon State Bank Locations
Solon State Bank	126 S Market St	Solon, IA 52333
Ely Branch	1540 State Street	Ely, IA 52227
Tiffin Branch	444 East State Street	Tiffin, IA 52340

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