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.

The score has been essentially flat from Q2 2025 to Q2 2026 (61 → 61).

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

Similar-size banks in Michigan

Yes. State Savings Bank is an FDIC-insured institution (FDIC certificate #8162). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 24.9% of deposits ($97.7M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 8.79%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

State Savings Bank lists 8 offices in 6 cities. Most locations:

• Gaylord, MI (2)
• Traverse City, MI (2)
• Beulah, MI (1)
• Empire, MI (1)
• Frankfort, MI (1)
• Suttons Bay, MI (1)

All branch addresses and map

In 2025, State Savings Bank reported 209 home-loan applications under HMDA (LEI 984500AEH02DE1S8E864): 174 originated ($51,840,000 total), 15 denied, and 16 withdrawn or closed by the applicant. Its denial rate on decided applications was 7.8%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Legal name

State Savings Bank

Type

State-chartered bank

FDIC certificate #

8162

RSSD ID

22543

Primary regulator

FDIC

Holding company

Central-State Bcorp Inc

Established

January 1, 1901

Headquarters

703 Main St, Frankfort, MI 49635

Website

www.ssbankmi.com

Employees

132