TellerScore

Homestead Savings Bank is a savings bank headquartered in Albion, Michigan, in business for about 137 years. At the end of Q2 2026 it reported $71.6M in total assets and $64.6M in deposits, with 3 offices.

Homestead Savings Bank has a TellerScore of 68 out of 100 (moderate) based on Q2 2026 data — higher than only 33% of its 546 banks with under $100 million in assets. Among 72 banks headquartered in Michigan, it ranks 35th. Problem-loan coverage contributes the most (97/100, 1.7%); capital cushion contributes the least (44/100, 9.42%).

TellerScore · Q2 2026

Scorecard

Capital cushion44/100
Tier 1 leverage ratio: 9.42%
Loan quality92/100
Noncurrent loans ÷ total loans: 0.24%
Earnings50/100
Return on assets (annualized): 0.75%
Funding & liquidity83/100
Loans ÷ deposits and uninsured-deposit share: 77.1% · 12.0% uninsured
Problem-loan coverage97/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 1.66%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 8 points (60 → 68), mostly because the capital cushion component improved by 10 points.

TellerScore
536169Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202457
Q3 202453
Q4 202457
Q1 202560
Q2 202560
Q3 202561
Q4 202566
Q1 202669
Q2 202668
Tier 1 leverage ratio
5.00%7.21%9.42%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20247.84%
Q3 20247.97%
Q4 20248.40%
Q1 20258.22%
Q2 20258.39%
Q3 20258.82%
Q4 20259.16%
Q1 20269.09%
Q2 20269.42%
Noncurrent loans
0.09%0.52%0.96%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.64%
Q3 20240.96%
Q4 20240.80%
Q1 20250.40%
Q2 20250.55%
Q3 20250.59%
Q4 20250.32%
Q1 20260.09%
Q2 20260.24%
Return on assets
0.37%0.56%0.75%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.43%
Q3 20240.37%
Q4 20240.45%
Q1 20250.38%
Q2 20250.55%
Q3 20250.55%
Q4 20250.64%
Q1 20260.75%
Q2 20260.75%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202668$71.6M9.42%0.24%0.75%77.1%
Q1 202669$73.3M9.09%0.09%0.75%76.2%
Q4 202566$71.6M9.16%0.32%0.64%79.0%
Q3 202561$71.3M8.82%0.59%0.55%79.3%
Q2 202560$71.5M8.39%0.55%0.55%80.9%
Q1 202560$72.9M8.22%0.40%0.38%77.8%
Q4 202457$70.8M8.40%0.80%0.45%80.2%
Q3 202453$71.5M7.97%0.96%0.37%80.6%
Q2 202457$72.6M7.84%0.64%0.43%78.2%

546 peers · Under $100 million in assets

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.42%
13th
Total risk-based capital19.48%
72nd
Problem loans0.24%
55th
Net charge-offs-0.00%
81st
Return on assets0.75%
38th
Net interest margin4.81%
83rd
Efficiency ratio78.8%
34th
Loans to deposits77.1%
34th
Uninsured deposits12.0%
66th
Loan-loss reserves1.24%
51st
Texas ratio1.7%
52nd

Similar-size banks in Michigan

InstitutionScoreAssetsCapitalProblem loansCompare
JPMorgan Chase Bank, DearbornBank Dearborn, MI94 out of 100, Very strong$71.5M99.6%0.00%vs
The Port Austin State BankBank Port Austin, MI95 out of 100, Very strong$67.8M18.4%0.00%vs
First State Bank of MichiganBank Decatur, MI64 out of 100, Moderate$87.8M13.9%0.88%vs
The First National Bank of WakefieldBank Wakefield, MI68 out of 100, Moderate$52.6M10.1%0.71%vs
Mayville State BankBank Mayville, MI63 out of 100, Moderate$94.6M11.7%2.09%vs
Huron State BankBank Rogers City, MI63 out of 100, Moderate$95.1M12.4%2.05%vs

Deposit insurance

Is my money safe at Homestead Savings Bank?

Yes. Homestead Savings Bank is an FDIC-insured institution (FDIC certificate #28667). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 12.0% of deposits ($7.8M) are above the $250,000 FDIC insurance limit, below the peer median of 16%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.42%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 19.48% (benchmark: 10%).

Check how much of your own balance is covered

3 locations

Branches

Homestead Savings Bank lists 3 offices in 3 cities. Most locations:

  • Albion, MI (1)
  • Leslie, MI (1)
  • Springport, MI (1)

All branch addresses and map

Identity & history

Profile

Legal name
Homestead Savings Bank
Former names
Homestead Savings and Loan Association, A Federal Association; Homestead Savings and Loan Association; Homestead Savings Bank, F.S.B.
Type
Savings bank
FDIC certificate #
28667
RSSD ID
132778
Primary regulator
OCC
Established
January 1, 1889
Headquarters
415 S Superior St, Albion, MI 49224
Employees
23

Quick answers

Homestead Savings Bank: common questions

Is Homestead Savings Bank FDIC insured?

Yes. Homestead Savings Bank is an FDIC-insured institution (FDIC certificate #28667). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Homestead Savings Bank's TellerScore?

68 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Homestead Savings Bank ever failed?

There is no failure record for FDIC certificate #28667 in the FDIC failed bank list.

How many branches does Homestead Savings Bank have?

3 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Albion

InstitutionScoreAssetsCapitalProblem loansCompare
Kellogg Community Credit UnionCredit union Battle Creek, MI88 out of 100, Very strong$1.0B16.7%0.41%vs
Grand Trunk Battle Creek Emp Federal Credit UnionCredit union Battle Creek, MI86 out of 100, Very strong$39.7M20.6%0.72%vs
Consumers Professional Credit UnionCredit union Lansing, MI81 out of 100, Strong$149.7M16.8%1.28%vs
Marshall Community Credit UnionCredit union Marshall, MI78 out of 100, Strong$371.8M17.2%2.08%vs
Aeroquip Credit UnionCredit union Jackson, MI78 out of 100, Strong$51.6M15.8%0.62%vs
South Central Credit UnionCredit union Jackson, MI78 out of 100, Strong$84.6M14.2%0.56%vs