ELEVATE BANK NATIONAL ASSN
SEDAN, KANSAS · FDIC Cert #4770
Capital & Safety Analysis
According to FDIC financial data, ELEVATE BANK NATIONAL ASSN holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject ELEVATE BANK NATIONAL ASSN to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
ELEVATE BANK NATIONAL ASSN shows average financial health. While not alarming, its Health Score of 60/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
ELEVATE BANK NATIONAL ASSN has a Bank Health Score of C (60/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
ELEVATE BANK NATIONAL ASSN holds $54M in total assets and $47M in total deposits. It is located in SEDAN, KANSAS (FDIC Certificate #4770).
ELEVATE BANK NATIONAL ASSN has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.02%, and the return on assets is 0.80%.
Yes. ELEVATE BANK NATIONAL ASSN is FDIC-insured (Certificate #4770). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.