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The Covington Savings And Loan Association

Covington, OH · Est. 1886 · Website ↗
A
Trust Grade
Excellent
Score: 97/100

The Covington Savings And Loan Association is a bank based in Covington, Ohio, established in 1886, with $82 million in total assets across 3 branches. By Trust Grade it ranks 51st of 157 banks we track in Ohio. Its capital ratio of 18.4% is stronger than 83% of similarly sized banks, versus a Ohio median of 10.3%. It was profitable over the most recent period, with a 0.89% return on assets. No consumer complaints against The Covington Savings And Loan Association appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$82.4M
<$100M institution
Deposits
$67.0M
Branches
3
Capital ratio
18.4%
Top 17% of <$100M peers · Ohio median 10.3%
Return on assets
0.9%
Bottom 47% of <$100M peers · Ohio median 0.93%
Rank in Ohio
#51
of 157 banks

How The Covington Savings And Loan Association compares to Ohio peers

Capital ratio
Top 17% of <$100M peers
The Covington
18.4%
Ohio median
10.3%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 47% of <$100M peers
The Covington
0.9%
Ohio median
0.9%
Higher ROA = more profitable relative to asset base

How we graded The Covington Savings And Loan Association

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
97/100
Customer experience
n/a
Overall
A · 97
  • Strongly capitalized (18.4% capital ratio)
  • Profitable (ROA 0.89%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for The Covington Savings And Loan Association over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (3)

  • 700 E Broadway St, Covington, OH 45318
  • 223 N Miami Ave, Bradford, OH 45308
  • 117 N High St, Covington, OH 45318

Are deposits at The Covington Savings And Loan Association insured?

Yes. The Covington Savings And Loan Association is an FDIC-insured bank (FDIC certificate #28063). 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 Covington Savings And Loan Association: frequently asked questions

Is The Covington Savings And Loan Association a good bank?

The Covington Savings And Loan Association earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (18.4% capital ratio); Profitable (ROA 0.89%).

Is The Covington Savings And Loan Association FDIC-insured?

Yes. The Covington Savings And Loan Association is a FDIC-insured bank (FDIC certificate #28063). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is The Covington Savings And Loan Association?

The Covington Savings And Loan Association holds $82 million in total assets, ranking 51st of 157 banks we track in Ohio. It operates 3 branches.

Does The Covington Savings And Loan Association have CFPB complaints?

No CFPB complaints against The Covington Savings And Loan Association appear in our data over the analysis window, which is typical for a bank of this size.

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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.

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