UPPER PENINSULA STATE BANK
ESCANABA, MICHIGAN · FDIC Cert #1090
Capital & Safety Analysis
According to FDIC financial data, UPPER PENINSULA STATE BANK holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject UPPER PENINSULA STATE BANK to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
UPPER PENINSULA STATE BANK shows some financial weakness with a Health Score of 46/100. 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
UPPER PENINSULA STATE BANK has a Bank Health Score of D (46/100). 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.
UPPER PENINSULA STATE BANK holds $322M in total assets and $268M in total deposits. It is located in ESCANABA, MICHIGAN (FDIC Certificate #1090).
UPPER PENINSULA STATE BANK has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.16%, and the return on assets is 1.19%.
Yes. UPPER PENINSULA STATE BANK is FDIC-insured (Certificate #1090). 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.