Washington State Bank is a bank based in Washington, Iowa, established in 1932, with $596 million in total assets across 5 branches. By Trust Grade it ranks 202nd of 226 banks we track in Iowa. Its capital ratio of 7.2% trails most similarly sized banks (8th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.39% return on assets. No consumer complaints against Washington State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Washington State Bank compares to Iowa peers
How we graded Washington State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.2% capital ratio)
- Strongly profitable (ROA 1.39%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Washington State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- 121 S Marion Ave, Washington, IA 52353
- 303 West Washington Street, Washington, IA 52353
- 134 Main St, Columbus Junction, IA 52738
- 1706 W Burlington Ave, Fairfield, IA 52556
- 703 Main St, Pella, IA 50219
Are deposits at Washington State Bank insured?
Yes. Washington State Bank is an FDIC-insured bank (FDIC certificate #214). 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.
Washington State Bank: frequently asked questions
Is Washington State Bank a good bank?
Washington State Bank earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Well-capitalized (7.2% capital ratio); Strongly profitable (ROA 1.39%).
Is Washington State Bank FDIC-insured?
Yes. Washington State Bank is a FDIC-insured bank (FDIC certificate #214). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Washington State Bank?
Washington State Bank holds $596 million in total assets, ranking 202nd of 226 banks we track in Iowa. It operates 5 branches.
Does Washington State Bank have CFPB complaints?
No CFPB complaints against Washington State 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.
