State Bank of Brooks Information

Basic Information

Bank Name: State Bank of Brooks
Concentration: Other Specialized < $1 Billion

Address:
701 Benton Avenue
Corning, Iowa 50841
United States

Website:

General Information

Established: 1914-01-01
Total Branches: 1
Assets: $ 16,289,000
Equity Capital: $ 2,095,000
Deposits: $ 14,162,000
Domestic Deposits: $ 14,162,000
Net Income: $ 12,000
Quarterly Net Income: $ 12,000
Return on Assets: 0.29%
Return on Equity: 2.30%
Pretax Return on Assets: 0.41%

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FDIC Information

Certificate No.: 25260
Insurance: 1984-06-22 00:00:00
Unique ID: 17465
Structural Event: Merge BIF and SAIF Funds into DIF
Supervisory Region: Kansas City

Federal Reserve District: Chicago
Federal Reserve ID No.: 856944
Geographic Region: Not Mentioned
Supervisory Region: Kansas City
Field Office: Des Moines
Supervisory Office: Kansas City

More Information

County: Adams
State & County No.: 19003
State Identification Code: 19
Interstate Branches: No
Domestic Offices: 1
Conservatorship: No
CMSA Division No.: No

Trust Powers: No
CSA:
CSA Code: 0
CBSA:
CBSA Code: 0
CBSA Metropolitan Statistical Areas:
City of High Holder:
FFIEC Call Report 31 Filer: No

Chartering Agency: STATE
OCC Charter Number: 0
Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Office of Thrift Supervision Region: Western
Regulator:
Office of the Comptroller (OCC) Districts: Midwest

Report Date: 31 March 2018,   Last Updated: 21 May 2018
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Professional and solid bank. Robert Ragasa at the Kamuela Branch was very helpful and professional. If you are looking for a solid bank: look no further.
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Stay away from this bank, they are Crooks! In the 3 years that I have been banking with Wells Fargo I have sent hundreds of wires out to foreign country’s and received some wires back to the US. When i received a wire for $21000 and they closed my account without any notice i then received a form email that they closed my account for receiving an unsolicited wire. The local bank manager just shrug his shoulders. Stay away from this bank they are fee crooks.
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Be careful when applying for a credit card here. Bank of America does not do good business and they don't seem to care about their customers. At the end of October, I applied for a card with 15 months 0% APR and $0 balance transfer fee that ended up being 18 months 0% APR and 3% balance transfer fee. They're saying I selected a different offer when requesting the transfer, trough their website. They've been awful to me ever since. Taught me a lesson to stick to the bigger, better companies who don't want to lose a customer over something as silly as this.
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