South Ottumwa Savings Bank
Overview / Commentary
South Ottumwa Savings Bank is headquartered in Ottumwa and is the 45th largest bank in the state of Iowa. It is also the 1,664th largest bank in the nation. It was established in 1903 and as of June of 2018, it had grown to 64 employees at 4 locations. South Ottumwa Savings Bank has a B+ 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
B+
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 9099 |
| Year Established | 1903 |
| Employees | 64 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.27% |
| Return on Equity - YTD | 10.34% |
| Annual Interest Income | $7.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $416.8MM$419.7MM |
| Loans | Q2 2018vs Q2 2017 | $198.1MM$196.7MM |
| Deposits | Q2 2018vs Q2 2017 | $324.7MM$338.4MM |
| Equity Capital | Q2 2018vs Q2 2017 | $50.5MM$51.6MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $3.0MM$2.8MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $886.00K$731.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $7.00K$97.00K |
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 |