The Miners State Bank is a bank based in Iron River, Michigan, established in 1932, with $141 million in total assets across 6 branches. By Trust Grade it ranks 3rd of 73 banks we track in Michigan. Its capital ratio of 10.9% is stronger than 61% of similarly sized banks, versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 1.20% return on assets. No consumer complaints against The Miners 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 The Miners State Bank compares to Michigan peers
How we graded The Miners State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.9% capital ratio)
- Strongly profitable (ROA 1.20%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Miners State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (6)
- 49011 N Royce Rd, Hancock, MI 49930
- 1203 Ridge Rd, Houghton, MI 49931
- 213 B North Front Street, Marquette, MI 49855
- 47 Trimountain Ave, South Range, MI 49963
- 312 W Genesee St, Iron River, MI 49935
- 601 River St, Ontonagon, MI 49953
Are deposits at The Miners State Bank insured?
Yes. The Miners State Bank is an FDIC-insured bank (FDIC certificate #10928). 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.
The Miners State Bank: frequently asked questions
Is The Miners State Bank a good bank?
The Miners 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 (10.9% capital ratio); Strongly profitable (ROA 1.20%).
Is The Miners State Bank FDIC-insured?
Yes. The Miners State Bank is a FDIC-insured bank (FDIC certificate #10928). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Miners State Bank?
The Miners State Bank holds $141 million in total assets, ranking 3rd of 73 banks we track in Michigan. It operates 6 branches.
Does The Miners State Bank have CFPB complaints?
No CFPB complaints against The Miners 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.
