Elevate Bank

Elevate Bank

Overview / Commentary
101 West Main Street
Sedan, KS 67361

Elevate Bank is headquartered in Sedan and is the 172nd largest bank in the state of Kansas. It is also the 4,388th largest bank in the nation. It was established in 1874 and as of June of 2022, it had grown to 16 employees at 2 locations. Elevate Bank's CD rates are 68% higher than the national average, and it has an A health rating.


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Additional 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. Elevate Bank has a relatively low asset base.

Health Grade Components

FDIC Certificate #4770
Year Established1874
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-0.48%
Return on Equity - YTD-5.04%
Annual Interest Income$876.00K
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$61.8MM$60.2MM
LoansQ2 2022vs Q2 2021$26.7MM$26.3MM
DepositsQ2 2022vs Q2 2021$56.0MM$53.4MM
Equity CapitalQ2 2022vs Q2 2021$5.6MM$6.6MM
Loan Loss AllowanceQ2 2022vs Q2 2021$598.00K$609.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$92.00K$288.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
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Always verify rates and promotions with the bank or credit union. We are not Elevate Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Elevate Bank Savings Account Rates

0.15%--Personal Savings Account
0.15%--Minor Savings

Elevate Bank Money Market Rates

0.35%*$250k*-Personal Money Market
OTHER TIERS: 0.15% $1.5k - $100k | 0.25% $100k - $250k

Elevate Bank Checking Account Rates

0.10%$1.5k-Interest Checking

Elevate Bank CD Rates

1.71%$1k-3 Year CD
1.61%$1k-2 Year CD
1.51%$1k-1 Year CD
0.55%$1k-180 Day CD
0.20%$1k-90 Day CD
0.15%$1k-30 Day CD

Elevate Bank IRA Rates

1.71%$1k-3 Year IRA
1.61%$1k-2 Year IRA
1.51%$1k-1 Year IRA
0.55%$1k-180 Day IRA
0.20%$1k-90 Day IRA
0.15%$1k-30 Day IRA

Elevate Bank Locations
The First National Bank Of Sedan101 W Main StSedan, KS 67361
The Bank Of Pawhuska1329 East Main StreetPawhuska, OK 74056

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