Fairfax State Savings Bank is a bank based in Fairfax, Iowa, established in 1924, with $288 million in total assets across 3 branches. By Trust Grade it ranks 220th of 226 banks we track in Iowa. Its capital ratio of 6.1% trails most similarly sized banks (3th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 0.59% return on assets. No consumer complaints against Fairfax State 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 Fairfax State Savings Bank compares to Iowa peers
How we graded Fairfax State Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (6.1% capital ratio)
- Profitable (ROA 0.59%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Fairfax State Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 409 Vanderbilt St, Fairfax, IA 52228
- 4304 220th Trl, Amana, IA 52203
- 211 3rd Ave Sw, Cedar Rapids, IA 52404
Are deposits at Fairfax State Savings Bank insured?
Yes. Fairfax State Savings Bank is an FDIC-insured bank (FDIC certificate #8083). 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.
Fairfax State Savings Bank: frequently asked questions
Is Fairfax State Savings Bank a good bank?
Fairfax State Savings Bank earns a Bankzia Trust Grade of B (81/100, "Strong"), based on a financial-strength score of 81/100 (it has no CFPB complaints on record). Well-capitalized (6.1% capital ratio); Profitable (ROA 0.59%).
Is Fairfax State Savings Bank FDIC-insured?
Yes. Fairfax State Savings Bank is a FDIC-insured bank (FDIC certificate #8083). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Fairfax State Savings Bank?
Fairfax State Savings Bank holds $288 million in total assets, ranking 220th of 226 banks we track in Iowa. It operates 3 branches.
Does Fairfax State Savings Bank have CFPB complaints?
No CFPB complaints against Fairfax State 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.
