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BankHealth

GREAT MIDWEST BANK SSB

BROOKFIELD, WISCONSIN · FDIC Cert #29657

F
Health Score
27/100
$990M
Total Assets
$590M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, GREAT MIDWEST BANK SSB holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject GREAT MIDWEST BANK SSB to additional regulatory scrutiny.

Key Financial Metrics

1.55%
Nonperforming Loans
Moderate — some loan stress
7.06%
Liquidity Ratio
Low — potential liquidity stress
0.50%
Return on Assets
Low profitability
$590M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

GREAT MIDWEST BANK SSB shows some financial weakness with a Health Score of 27/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

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

GREAT MIDWEST BANK SSB has a Bank Health Score of F (27/100). 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.

GREAT MIDWEST BANK SSB holds $990M in total assets and $590M in total deposits. It is located in BROOKFIELD, WISCONSIN (FDIC Certificate #29657).

GREAT MIDWEST BANK SSB has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 1.55%, and the return on assets is 0.50%.

Yes. GREAT MIDWEST BANK SSB is FDIC-insured (Certificate #29657). 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.

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