South Ottumwa Savings Bank
Overview / Commentary
South Ottumwa Savings Bank is headquartered in Ottumwa and is the 42nd largest bank in the state of Iowa. It is also the 1,663rd largest bank in the nation. It was established in 1903 and as of June of 2017, it had grown to 64 employees at 4 locations. South Ottumwa Savings Bank has an A+ health rating.
Reviews (1)
Bad customer experience
Posted by: George12 | Nov 23, 2016
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 Established | 1903 |
| Employees | 64 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.18% |
| Return on Equity - YTD | 10.08% |
| Annual Interest Income | $7.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $419.7MM$399.8MM |
| Loans | Q2 2017vs Q2 2016 | $196.7MM$181.6MM |
| Deposits | Q2 2017vs Q2 2016 | $338.4MM$312.6MM |
| Equity Capital | Q2 2017vs Q2 2016 | $51.6MM$52.3MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $2.8MM$2.6MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $731.00K$799.00K |
| Real Estate Owned | Q2 2017vs Q2 2016 | $97.00K$306.00K |
Rates
Sorry, we do not have rate data for South Ottumwa Savings Bank.
Locations
| South Ottumwa Savings Bank Locations | ||
|---|---|---|
| Hedrick Branch | 101 South Main | Hedrick, IA 52563 |
| North Court Branch | 2525 North Court Street | Ottumwa, IA 52501 |
| South Ottumwa Savings Bank | 320 Church Street | Ottumwa, IA 52501 |
| West Liberty State Bank Branch | 101 East Fourth Street | West Liberty, IA 52776 |