Overview / Commentary
319-624-3405
126 South Market Street
Solon, IA 52333

Solon State Bank is headquartered in Solon and is the 201st largest bank in the state of Iowa. It is also the 4,182nd largest bank in the nation. It was established in 1932 and as of June of 2018, it had grown to 17 employees at 3 locations. Solon State Bank has a B health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Solon State Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #232
Year Established1932
Employees17
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.04%
Return on Equity - YTD8.8%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$99.5MM$96.3MM
LoansQ2 2018vs Q2 2017$54.4MM$52.9MM
DepositsQ2 2018vs Q2 2017$76.6MM$73.3MM
Equity CapitalQ2 2018vs Q2 2017$22.6MM$22.3MM
Loan Loss AllowanceQ2 2018vs Q2 2017$494.00K$577.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$868.00K$2.0MM
Real Estate OwnedQ2 2018vs Q2 2017$3.5MM$2.3MM
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Solon State Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Solon State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%$100-IRA
0.50%*$100k*-HiFi Account
OTHER TIERS: 0.20% $2.5k - $10k | 0.30% $10k - $50k | 0.40% $50k - $100k
0.50%*$100k*-Non Personal HiFi Account
OTHER TIERS: 0.20% $2.5k - $10k | 0.30% $10k - $50k | 0.40% $50k - $100k
0.20%$50-Savings
0.20%$10-Savings - 12 yrs & under
0.20%$10-Christmas Club
0.20%$50-Non Personal Savings

Solon State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$1k-NOW Account
0.20%$1k-Non Personal NOW Account

Solon State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.67%$1k-38 Month CD
2.42%$1k-27 Month CD
2.01%$1k-14 Month CD
1.15%$1k-60 Month CD
1.05%$1k-48 Month CD
0.75%$1k-36 Month CD
0.65%$1k-24 Month CD
0.55%$1k-18 Month CD
0.55%$1k-21 Month CD
0.45%$1k-12 Month CD
0.45%$1k-15 Month CD
0.25%*$75k*-91 Day CD
OTHER TIERS: 0.20% $10k - $75k
0.25%$1k-182 Day CD
0.25%$1k-9 Month CD
Locations


Solon State Bank Locations
Solon State Bank126 South Market StreetSolon, IA 52333
Ely Branch1540 State StreetEly, IA 52227
Tiffin Branch444 East State StreetTiffin, IA 52340

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.