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

South Ottumwa Savings Bank is headquartered in Ottumwa and is the 45th largest bank in the state of Iowa. It is also the 1,697th largest bank in the nation. It was established in 1903 and as of September of 2018, it had grown to 63 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 Established1903
Employees63
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.26%
Return on Equity - YTD10.3%
Annual Interest Income$11.1MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$410.9MM$409.7MM
LoansQ3 2018vs Q3 2017$201.7MM$195.3MM
DepositsQ3 2018vs Q3 2017$319.9MM$318.0MM
Equity CapitalQ3 2018vs Q3 2017$50.3MM$52.2MM
Loan Loss AllowanceQ3 2018vs Q3 2017$3.0MM$2.9MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$817.00K$882.00K
Real Estate OwnedQ3 2018vs Q3 2017$17.00K$8.00K
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

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