South Ottumwa Savings Bank


Overview / Commentary
641-682-7541
320 Church Street
Ottumwa, IA 52501

South Ottumwa Savings Bank is headquartered in Ottumwa and is the 53rd largest bank in the state of Iowa. It is also the 1,732nd largest bank in the nation. It was established in 1903 and as of December of 2019, it had grown to 61 employees at 4 locations. South Ottumwa Savings Bank has an A health rating.

Reviews (1)

Bad customer experience

Posted by: |

South Ottumwa Savings Bank lacks good customer relations. A bank manager told me that I should close my account and go to another bank. He stated that my funds were not good enough anyway. This was due to complaint I had with the rude employee that has been with the bank for number of years.



Health

Health Grade Components

Overall
FDIC Certificate #9099
Year Established1903
Employees61
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.45%
Return on Equity - YTD10.42%
Annual Interest Income$15.2MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$410.6MM$422.1MM
LoansQ4 2019vs Q4 2018$213.2MM$208.4MM
DepositsQ4 2019vs Q4 2018$313.0MM$333.0MM
Equity CapitalQ4 2019vs Q4 2018$60.8MM$52.5MM
Loan Loss AllowanceQ4 2019vs Q4 2018$2.9MM$2.9MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$803.00K$840.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$112.00K
Rates

Sorry, we do not have rate data for South Ottumwa Savings Bank.

Locations


South Ottumwa Savings Bank Locations
Hedrick Branch101 South MainHedrick, IA 52563
North Court Branch2525 North Court StreetOttumwa, IA 52501
South Ottumwa Savings Bank320 Church StreetOttumwa, IA 52501
West Liberty State Bank Branch101 East Fourth StreetWest Liberty, IA 52776
102 South Main Branch102 South MainAlbia, IA 52531
Albia Drive-Thru Branch217 South Main StreetAlbia, IA 52531
Ottumwa - Branch 9116 West Main StreetOttumwa, IA 52501

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