State Central Bank
LOCATIONS
3
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HEALTH RATING
C
View health report
CURRENT TOP RATE
1.39% APY
60 Month CD
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Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.39% | 5-year CD | 60 Month CD |
| 0.40% | 1-year CD | 12 Month CD 2.45% - Synchrony Bank 12 Month CD |
| 0.17% | Savings | Regular Savings |
Overview / Commentary
State Central Bank is headquartered in Bonaparte and is the 265th largest bank in the state of Iowa. It is also the 5,215th largest bank in the nation. It was established in 1858 and as of June of 2018, it had grown to 17 employees at 3 locations. State Central Bank's money market rates are 16% higher than the national average, but it has a C health rating.
Health
C
Data as of Q2 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. State Central Bank has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 5820 |
| Year Established | 1858 |
| Employees | 17 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.37% |
| Return on Equity - YTD | 3.08% |
| Annual Interest Income | $688.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $39.6MM$41.6MM |
| Loans | Q2 2018vs Q2 2017 | $18.9MM$21.8MM |
| Deposits | Q2 2018vs Q2 2017 | $34.8MM$36.7MM |
| Equity Capital | Q2 2018vs Q2 2017 | $4.7MM$4.7MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $991.00K$1.4MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $2.4MM$2.6MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$1.1MM |
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
State Central Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | $2.5k | - | Golden Passbook Savings | |
| 0.17% | $50 | - | Regular Savings |
State Central Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.51%* | $50k* | - | Money Market Checking | ||
| OTHER TIERS: 0.17% → $1k - $25k | 0.32% → $25k - $50k | |||||
State Central Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.51% | $50k | - | Grand Checking | |
| 0.32% | $15k | - | Diamond Now Checking | |
| 0.17% | $5k | - | Golden Now Checking | |
| 0.07% | $500 | - | Super Now Checking |
State Central Bank CD Rates
State Central Bank IRA Rates
Locations
| State Central Bank Locations | ||
|---|---|---|
| Farmington Branch | 101 S. Second | Farmington, IA 52626 |
| Stockport Branch | 116 S. Main Street | Stockport, IA 52651 |
| State Central Bank | 612 1st Street | Bonaparte, IA 52620 |