LIFESTEPS BANK&TRUST
UNION SPRINGS, ALABAMA · FDIC Cert #32968
Capital & Safety Analysis
According to FDIC financial data, LIFESTEPS BANK&TRUST holds a Tier 1 capital ratio of 64.64%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning LIFESTEPS BANK&TRUST has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
LIFESTEPS BANK&TRUST shows strong financial health indicators. With $61M in assets and a Health Score of 72/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
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
LIFESTEPS BANK&TRUST has a Bank Health Score of B (72/100). It holds a Tier 1 capital ratio of 64.64%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
LIFESTEPS BANK&TRUST holds $61M in total assets and $51M in total deposits. It is located in UNION SPRINGS, ALABAMA (FDIC Certificate #32968).
LIFESTEPS BANK&TRUST has a Tier 1 capital ratio of 64.64%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 3.01%, and the return on assets is -3.13%.
Yes. LIFESTEPS BANK&TRUST is FDIC-insured (Certificate #32968). 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.