PEOPLES STATE BANK OF VELVA
VELVA, NORTH DAKOTA · FDIC Cert #10250
Capital & Safety Analysis
According to FDIC financial data, PEOPLES STATE BANK OF VELVA holds a Tier 1 capital ratio of 13.31%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PEOPLES STATE BANK OF VELVA has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PEOPLES STATE BANK OF VELVA shows strong financial health indicators. With $153M in assets and a Health Score of 82/100, 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
PEOPLES STATE BANK OF VELVA has a Bank Health Score of A (82/100). It holds a Tier 1 capital ratio of 13.31%, 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.
PEOPLES STATE BANK OF VELVA holds $153M in total assets and $135M in total deposits. It is located in VELVA, NORTH DAKOTA (FDIC Certificate #10250).
PEOPLES STATE BANK OF VELVA has a Tier 1 capital ratio of 13.31%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.21%, and the return on assets is 0.84%.
Yes. PEOPLES STATE BANK OF VELVA is FDIC-insured (Certificate #10250). 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.