The Shelby State Bank is a bank based in Shelby, Michigan, established in 1910, with $392 million in total assets across 10 branches. By Trust Grade it ranks 61st of 73 banks we track in Michigan. Its capital ratio of 8.1% trails most similarly sized banks (16th percentile), versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 0.80% return on assets. No consumer complaints against The Shelby 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 Shelby State Bank compares to Michigan peers
How we graded The Shelby State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.1% capital ratio)
- Profitable (ROA 0.80%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Shelby State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 8238 Whitehall Road, Whitehall Township, MI 49461
- 2222 Holton Road, Dalton Township, MI 49445
- 6448 Airline Road, Fruitport Township, MI 49415
- 811 S State St, Hart, MI 49420
- 180 N Division Ave, Hesperia, MI 49421
- 388 S Hancock St, Pentwater, MI 49449
- 1710 Us 31 S, Manistee, MI 49660
- 30 N Meyers Rd, Ludington, MI 49431
- 4555 Dowling St, Montague, MI 49437
- 242 N Michigan Ave, Shelby, MI 49455
Are deposits at The Shelby State Bank insured?
Yes. The Shelby State Bank is an FDIC-insured bank (FDIC certificate #10157). 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 Shelby State Bank: frequently asked questions
Is The Shelby State Bank a good bank?
The Shelby State Bank earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Well-capitalized (8.1% capital ratio); Profitable (ROA 0.80%).
Is The Shelby State Bank FDIC-insured?
Yes. The Shelby State Bank is a FDIC-insured bank (FDIC certificate #10157). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Shelby State Bank?
The Shelby State Bank holds $392 million in total assets, ranking 61st of 73 banks we track in Michigan. It operates 10 branches.
Does The Shelby State Bank have CFPB complaints?
No CFPB complaints against The Shelby 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.
