1st State Bank is a bank based in Saginaw, Michigan, established in 2004, with $484 million in total assets across 5 branches. By Trust Grade it ranks 18th of 73 banks we track in Michigan. Its capital ratio of 11.8% is stronger than 71% of similarly sized banks, versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 1.37% return on assets. No consumer complaints against 1st 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 1st State Bank compares to Michigan peers
How we graded 1st State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.8% capital ratio)
- Strongly profitable (ROA 1.37%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for 1st State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- 4800 Fashion Square Blvd, Saginaw, MI 48604
- 5424 State St, Saginaw, MI 48603
- 601 N Madison Ave, Bay City, MI 48708
- 3907 Wilder Rd, Bay City, MI 48706
- 400 Ashman St, Midland, MI 48640
Are deposits at 1st State Bank insured?
Yes. 1st State Bank is an FDIC-insured bank (FDIC certificate #57626). 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.
1st State Bank: frequently asked questions
Is 1st State Bank a good bank?
1st 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 (11.8% capital ratio); Strongly profitable (ROA 1.37%).
Is 1st State Bank FDIC-insured?
Yes. 1st State Bank is a FDIC-insured bank (FDIC certificate #57626). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is 1st State Bank?
1st State Bank holds $484 million in total assets, ranking 18th of 73 banks we track in Michigan. It operates 5 branches.
Does 1st State Bank have CFPB complaints?
No CFPB complaints against 1st 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.
