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Rivers Edge Bank

Marion, SD · Est. 1904 · Website ↗
A
Trust Grade
Excellent
Score: 94/100

Rivers Edge Bank is a bank based in Marion, South Dakota, established in 1904, with $346 million in total assets across 5 branches. By Trust Grade it ranks 39th of 56 banks we track in South Dakota. Its capital ratio of 9.1% trails most similarly sized banks (30th percentile), versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 1.20% return on assets. No consumer complaints against Rivers Edge Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$346.3M
$100M–1B institution
Deposits
$284.0M
Branches
5
Capital ratio
9.1%
Bottom 30% of $100M–1B peers · South Dakota median 10.4%
Return on assets
1.2%
Top 50% of $100M–1B peers · South Dakota median 1.32%
Rank in South Dakota
#39
of 56 banks

How Rivers Edge Bank compares to South Dakota peers

Capital ratio
Bottom 30% of $100M–1B peers
Rivers Edge
9.1%
South Dakota median
10.4%
Higher capital ratio = stronger financial cushion
Return on assets
Top 50% of $100M–1B peers
Rivers Edge
1.2%
South Dakota median
1.3%
Higher ROA = more profitable relative to asset base

How we graded Rivers Edge Bank

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

Financial strength
94/100
Customer experience
n/a
Overall
A · 94
  • Strongly capitalized (9.1% capital ratio)
  • Strongly profitable (ROA 1.20%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Rivers Edge Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (5)

  • 27600 Sd Highway 19, Suite 102, Parker, SD 57053
  • 304 S Main St, Howard, SD 57349
  • 211 N Broadway Ave, Marion, SD 57043
  • 330 N Main Ave, Bridgewater, SD 57319
  • 722 Central Ave, Hawarden, IA 51023

Are deposits at Rivers Edge Bank insured?

Yes. Rivers Edge Bank is an FDIC-insured bank (FDIC certificate #9935). 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.

Rivers Edge Bank: frequently asked questions

Is Rivers Edge Bank a good bank?

Rivers Edge Bank earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (9.1% capital ratio); Strongly profitable (ROA 1.20%).

Is Rivers Edge Bank FDIC-insured?

Yes. Rivers Edge Bank is a FDIC-insured bank (FDIC certificate #9935). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Rivers Edge Bank?

Rivers Edge Bank holds $346 million in total assets, ranking 39th of 56 banks we track in South Dakota. It operates 5 branches.

Does Rivers Edge Bank have CFPB complaints?

No CFPB complaints against Rivers Edge Bank appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

Frontier Bank
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Security Bank Midwest
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Commercial State Bank, Of Wagner
bank · Wagner, SD · $263M assets
Farmers State Bank
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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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