Peoples State Bank Of Colfax is a bank based in Colfax, Illinois, established in 1892, with $47 million in total assets across 1 branch. By Trust Grade it ranks 1st of 328 banks we track in Illinois. Its capital ratio of 11.6% trails most similarly sized banks (45th percentile), versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 1.37% return on assets. No consumer complaints against Peoples State Bank Of Colfax appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Peoples State Bank Of Colfax compares to Illinois peers
How we graded Peoples State Bank Of Colfax
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.6% capital ratio)
- Strongly profitable (ROA 1.37%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Peoples State Bank Of Colfax over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 101 W Main St, Colfax, IL 61728
Are deposits at Peoples State Bank Of Colfax insured?
Yes. Peoples State Bank Of Colfax is an FDIC-insured bank (FDIC certificate #10075). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Peoples State Bank Of Colfax: frequently asked questions
Is Peoples State Bank Of Colfax a good bank?
Peoples State Bank Of Colfax earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.6% capital ratio); Strongly profitable (ROA 1.37%).
Is Peoples State Bank Of Colfax FDIC-insured?
Yes. Peoples State Bank Of Colfax is a FDIC-insured bank (FDIC certificate #10075). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Peoples State Bank Of Colfax?
Peoples State Bank Of Colfax holds $47 million in total assets, ranking 1st of 328 banks we track in Illinois. It operates 1 branch.
Does Peoples State Bank Of Colfax have CFPB complaints?
No CFPB complaints against Peoples State Bank Of Colfax appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
