Peoples State Bank vs Northern Valley
Comparing a Bank in Westhope, ND with a Credit Union in Grand Forks, ND using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Peoples State Bank ↗ Bank · Westhope, ND · Est. 1906 | Northern Valley ↗ Credit Union · Grand Forks, ND · Est. 1936 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Credit Union |
| Location | Westhope, ND | Grand Forks, ND |
| Total assets | $70.6M | $18.5M |
| Capital ratio | 12.4% | 14.3% |
| Return on assets | 1.2% | 1.0% |
| Deposits | $61.7M | — |
| Branches | 2 | 1,467 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #3 of 60 | #1 of 29 |
| Established | 1906 | 1936 |
Peoples State Bank
- Assets: $70.6M
- Deposits: $61.7M
- Capital ratio: 12.4%
- Return on assets: 1.2%
- CFPB complaints: 0
- State rank: #3 of 60
Northern Valley
- Assets: $18.5M
- Members: 1,467
- Capital ratio: 14.3%
- Return on assets: 1.0%
- CFPB complaints: 0
- State rank: #1 of 29
Are both institutions federally insured?
Yes. Peoples State Bank is FDIC-insured and Northern Valley is NCUA-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Peoples State Bank or Northern Valley?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Peoples State Bank scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Peoples State Bank safe?
Yes — Peoples State Bank is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is Northern Valley safe?
Yes — Northern Valley is NCUA-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Peoples State Bank vs Northern Valley?
Peoples State Bank has a capital ratio of 12.4%, placing it in the top 46% of <$100M peers. Northern Valley's ratio is 14.3%, placing it in the top 49% of <$100M peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Peoples State Bank have compared to Northern Valley?
The CFPB database shows 0 complaints against Peoples State Bank, and 0 complaints against Northern Valley. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Peoples State Bank with other Banks in North Dakota
Financial data from FDIC and NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
