Central State Bank, CEDAR RAPIDS BRANCH

Name:Central State Bank, CEDAR RAPIDS BRANCH
Full Service Brick and Mortar Office
Review: 3star1 client review
Location:5210 Council St Ne
Cedar Rapids, IA 52402

Linn County
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FDIC Cert:#1550
Established:04/10/2017


The Bank

Name:Central State Bank
Concentration:Commercial Lending Specialization
Established:11/12/1931
FDIC Insurance:01/01/1934
Holden By:AJJ BCORP INC
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:9, view all, view on map
Website:www.centralstate.bank
Total Assets:$468,999,000
Total Deposits:$370,371,000
Total Equity Capital:$37,705,000
Total Domestic Office Deposits:$370,371,000
Net Income:$3,358,000
Quarterly Net Income:$685,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:9%
Quarterly Return on Equity:7%
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Client Review

1 client review of Central State Bank scored 3 out of 5.

Wire transfers
 3star Overall Rating
 3star Interest Rate and Cost
 5star Office Environment & Staff
 4star Waiting Time
 3star Other Services
by Jeffbk, Sep. 12, 2017

I have wire transfers made to this bank on a fairly regular basis. When I checked with the very nice people, they tell me that wire transfers usually take one day. The money has been sent according to the bank it was sent from. Three days ago after talking to the bank in Madison from which it had been sent, I was told that the transfer had been completed. After contactacting Central State Bank in Marquette, they had no record of any such transaction. The last time money was transferred to my account it took a week for a wire transfer to show up in my account. I run a business and find this unacceptable.


* this reviewer has be with this bank for 1 - 3 years
* this reviewer had 1 - 2 banks before.
* this review was made on Central State Bank, Marquette Branch at Marquette, IA
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