Premier Bank is a bank based in Rock Valley, Iowa, established in 1997, with $848 million in total assets across 6 branches. By Trust Grade it ranks 70th of 226 banks we track in Iowa. Its capital ratio of 10.1% trails most similarly sized banks (49th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 2.15% return on assets. No consumer complaints against Premier Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Premier Bank compares to Iowa peers
How we graded Premier Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.1% capital ratio)
- Strongly profitable (ROA 2.15%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Premier Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (6)
- 407 Wheelock Street, Hudson, SD 57034
- 227 Main St, Doon, IA 51235
- 710 1st Ave, Rock Rapids, IA 51246
- 322 Maine Ave, Adrian, MN 56110
- 1004 21st Ave, Rock Valley, IA 51247
- 190 Iowa St, Alcester, SD 57001
Are deposits at Premier Bank insured?
Yes. Premier Bank is an FDIC-insured bank (FDIC certificate #34384). 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.
Premier Bank: frequently asked questions
Is Premier Bank a good bank?
Premier 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 2.15%).
Is Premier Bank FDIC-insured?
Yes. Premier Bank is a FDIC-insured bank (FDIC certificate #34384). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Premier Bank?
Premier Bank holds $848 million in total assets, ranking 70th of 226 banks we track in Iowa. It operates 6 branches.
Does Premier Bank have CFPB complaints?
No CFPB complaints against Premier 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.
