Western Dakota Bank is a bank based in Timber Lake, South Dakota, established in 1919, with $89 million in total assets across 2 branches. By Trust Grade it ranks 42nd of 56 banks we track in South Dakota. Its capital ratio of 8.9% trails most similarly sized banks (18th percentile), versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 0.89% return on assets. No consumer complaints against Western Dakota Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Western Dakota Bank compares to South Dakota peers
How we graded Western Dakota Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.9% capital ratio)
- Profitable (ROA 0.89%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Western Dakota Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 302 North Main, Isabel, SD 57633
- 803 Main Street, Timber Lake, SD 57656
Are deposits at Western Dakota Bank insured?
Yes. Western Dakota Bank is an FDIC-insured bank (FDIC certificate #492). 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.
Western Dakota Bank: frequently asked questions
Is Western Dakota Bank a good bank?
Western Dakota Bank earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Well-capitalized (8.9% capital ratio); Profitable (ROA 0.89%).
Is Western Dakota Bank FDIC-insured?
Yes. Western Dakota Bank is a FDIC-insured bank (FDIC certificate #492). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Western Dakota Bank?
Western Dakota Bank holds $89 million in total assets, ranking 42nd of 56 banks we track in South Dakota. It operates 2 branches.
Does Western Dakota Bank have CFPB complaints?
No CFPB complaints against Western Dakota 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.
