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.
| Overall | |
|---|---|
| FDIC Certificate # | 4770 |
| Year Established | 1874 |
| Employees | 16 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.48% |
| Return on Equity - YTD | -5.04% |
| Annual Interest Income | $876.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $61.8MM$60.2MM |
| Loans | Q2 2022vs Q2 2021 | $26.7MM$26.3MM |
| Deposits | Q2 2022vs Q2 2021 | $56.0MM$53.4MM |
| Equity Capital | Q2 2022vs Q2 2021 | $5.6MM$6.6MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $598.00K$609.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $92.00K$288.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | - | - | Personal Savings Account | |
| 0.15% | - | - | Minor Savings |
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $250k* | - | Personal Money Market | ||
| OTHER TIERS: 0.15% → $1.5k - $100k | 0.25% → $100k - $250k | |||||
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $1.5k | - | Interest Checking |
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 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 |
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 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 Sedan | 101 W Main St | Sedan, KS 67361 |
| The Bank Of Pawhuska | 1329 East Main Street | Pawhuska, OK 74056 |