Springfield State Bank is headquartered in SPRINGFIELD and is the 45th largest bank in the state of Kentucky. It is also the 2,099th largest bank in the nation. It was established in 1911 and as of March of 2023, it had grown to 37 employees at 3 locations. Springfield State Bank has an A+ health rating.
My husband and I have been using Springfield State Bank for both our personal and business banking needs for many years now. Among other products and accounts, we use business and personal checking and savings accounts as well. The fees are in line with most others at this point, and the ease of use with these accounts is great. Because it is a local bank, you get a very friendly feel when you call or go into a branch for assistance. We have never had any trouble with this bank in 10+ years of banking with them, and can always count on them to help to the best of their abilities. Their online banking site is great, it is a little basic compared to some of the national bank sites, but it has everything you need and is easy to navigate. We also get to use it for free as part of our fee for our checking account, which is nice. I would also like to mention that should the need arise, it is quite easy to get one of the board members on the phone, such as the vice president of the bank, which is a bonus since usually you have to speak to tellers at the bottom line when you call banks for help. I would definitely recommend this bank to anyone local to our area.
Overall | |
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FDIC Certificate # | 8772 |
Year Established | 1911 |
Employees | 37 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.07% |
Return on Equity - YTD | 10.31% |
Annual Interest Income | $3.5MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $384.8MM$382.0MM |
Loans | Q1 2023vs Q1 2022 | $231.2MM$194.9MM |
Deposits | Q1 2023vs Q1 2022 | $305.2MM$294.6MM |
Equity Capital | Q1 2023vs Q1 2022 | $41.2MM$44.5MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $2.6MM$2.3MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $259.00K$790.00K |
Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Springfield State Bank; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.15% | $100 | - | Passbook Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.05% | $1k | - | Advantage Checking | |
0.05% | $2.5k | - | Advantage Plus Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.01% | $500 | - | 5 Year CD | |
0.80% | $500 | - | 4 Year CD | |
0.65% | $500 | - | 3 Year CD | |
0.40% | $500 | - | 2 Year CD | |
0.35% | $500 | - | 6 Month CD | |
0.35% | $500 | - | 1 Year CD | |
0.35% | $500 | - | 18 Month CD | |
0.15% | $500 | - | 91 Day CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.16% | $500 | - | 3 Year IRA | |
1.06% | $500 | - | 2 Year IRA | |
0.65% | $500 | - | 18 Month IRA | |
0.40% | $500 | - | 1 Year IRA |
Springfield State Bank Locations | ||
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Willisburg Branch | 2559 Main Street | Willisburg, KY 40078 |
Bardstown Road Branch | 1060 Bardstown Road | Springfield, KY 40069 |
Springfield State Bank | 125 E Main St | Springfield, KY 40069 |