Bedford Federal Savings Bank is a bank based in Bedford, Indiana, established in 1934, with $286 million in total assets across 2 branches. By Trust Grade it ranks 12th of 89 banks we track in Indiana. Its capital ratio of 10.1% trails most similarly sized banks (48th percentile), versus a Indiana median of 9.6%. It was profitable over the most recent period, with a 1.51% return on assets. No consumer complaints against Bedford Federal Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Bedford Federal Savings Bank compares to Indiana peers
How we graded Bedford Federal Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.1% capital ratio)
- Strongly profitable (ROA 1.51%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Bedford Federal Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 1030 15th St, Bedford, IN 47421
- 2955 John Williams Blvd, Bedford, IN 47421
Are deposits at Bedford Federal Savings Bank insured?
Yes. Bedford Federal Savings Bank is an FDIC-insured bank (FDIC certificate #29024). 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.
Bedford Federal Savings Bank: frequently asked questions
Is Bedford Federal Savings Bank a good bank?
Bedford Federal Savings Bank 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 (10.1% capital ratio); Strongly profitable (ROA 1.51%).
Is Bedford Federal Savings Bank FDIC-insured?
Yes. Bedford Federal Savings Bank is a FDIC-insured bank (FDIC certificate #29024). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Bedford Federal Savings Bank?
Bedford Federal Savings Bank holds $286 million in total assets, ranking 12th of 89 banks we track in Indiana. It operates 2 branches.
Does Bedford Federal Savings Bank have CFPB complaints?
No CFPB complaints against Bedford Federal Savings Bank 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.
