Alden State Bank is a bank based in Alden, Michigan, established in 1934, with $318 million in total assets across 4 branches. By Trust Grade it ranks 8th of 73 banks we track in Michigan. Its capital ratio of 12.4% is stronger than 76% of similarly sized banks, versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 1.70% return on assets. No consumer complaints against Alden 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 Alden State Bank compares to Michigan peers
How we graded Alden State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.4% capital ratio)
- Strongly profitable (ROA 1.70%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Alden State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 10564 Coy St, Alden, MI 49612
- 300 Ames St, Elk Rapids, MI 49629
- 641 Alden St, Bellaire, MI 49615
- 2440 N Main St, Central Lake, MI 49622
Are deposits at Alden State Bank insured?
Yes. Alden State Bank is an FDIC-insured bank (FDIC certificate #17622). 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.
Alden State Bank: frequently asked questions
Is Alden State Bank a good bank?
Alden State 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 (12.4% capital ratio); Strongly profitable (ROA 1.70%).
Is Alden State Bank FDIC-insured?
Yes. Alden State Bank is a FDIC-insured bank (FDIC certificate #17622). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Alden State Bank?
Alden State Bank holds $318 million in total assets, ranking 8th of 73 banks we track in Michigan. It operates 4 branches.
Does Alden State Bank have CFPB complaints?
No CFPB complaints against Alden 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.
