Peoples Savings Bank is a bank based in Wellsburg, Iowa, established in 1934, with $184 million in total assets across 3 branches. By Trust Grade it ranks 180th of 226 banks we track in Iowa. Its capital ratio of 8.8% trails most similarly sized banks (27th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 0.82% return on assets. No consumer complaints against Peoples 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 Peoples Savings Bank compares to Iowa peers
How we graded Peoples Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.8% capital ratio)
- Profitable (ROA 0.82%)
- 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 Peoples Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 33149 159th Street, Ackley, IA 50601
- 233 W Dike Rd, Dike, IA 50624
- 414 N Adams St, Wellsburg, IA 50680
Are deposits at Peoples Savings Bank insured?
Yes. Peoples Savings Bank is an FDIC-insured bank (FDIC certificate #14868). 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 Savings Bank: frequently asked questions
Is Peoples Savings Bank a good bank?
Peoples Savings Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Well-capitalized (8.8% capital ratio); Profitable (ROA 0.82%).
Is Peoples Savings Bank FDIC-insured?
Yes. Peoples Savings Bank is a FDIC-insured bank (FDIC certificate #14868). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Peoples Savings Bank?
Peoples Savings Bank holds $184 million in total assets, ranking 180th of 226 banks we track in Iowa. It operates 3 branches.
Does Peoples Savings Bank have CFPB complaints?
No CFPB complaints against Peoples 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.
