State Savings Bank, Frankfort, Mich.

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.ssbankmi.com

231-352-9691

703 Main Street
Frankfort, MI 49635

State Savings Bank, Frankfort, Mich. is headquartered in FRANKFORT and is the 41^st largest bank in the state of Michigan. It is also the 2,143^rd largest bank in the nation. It was established in 1901 and as of March of 2025, it had grown to 125 employees at 9 locations. State Savings Bank, Frankfort, Mich. has an A health rating.

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Health

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	8162
Year Established	1901
Employees	125
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.1%
Return on Equity - YTD	1.1%
Annual Interest Income	$5.1MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$383.2MM$361.3MM
Loans	Q1 2025vs Q1 2024	$280MM$270.6MM
Deposits	Q1 2025vs Q1 2024	$345.6MM$325.1MM
Equity Capital	Q1 2025vs Q1 2024	$35.5MM$34.3MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$2.6MM$2.5MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$576K$865K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for State Savings Bank, Frankfort, Mich..

Locations

State Savings Bank, Frankfort, Mich. Locations
Empire Branch	11470 South Leelanau Highway	Empire, MI 49630
State Savings Bank, Frankfort, Mich.	703 Main St	Frankfort, MI 49635
Beulah Branch	49 Benzie Boulevard	Beulah, MI 49617
Traverse City Banch	414 East Front Street	Traverse City, MI 49686
Gaylord Branch	126 East Main Street	Gaylord, MI 49735
Suttons Bay Branch	212 N Saint Joseph St	Suttons Bay, MI 49682

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