Bank Information / About Us
Anderson State Bank: Safe & Sound
Recent media reports have highlighted problems at certain financial institutions. Anderson State Bank has always operated our bank in a safe and sound manner and has never followed the practices that are now impacting these problem institutions.
Anderson State Bank is well-capitalized. Capital serves as a “buffer” against any losses.
To be considered well-capitalized, the banking regulators require a total risk-based capital
ratio greater than 10%. All institutions in the state of Illinois have average risk-based
capital of 12.47%. Anderson State Bank greatly exceeds that at 30.55%.
In addition, Bauer Financial Reports, Inc. has awarded Anderson State Bank a Five-Star
Superior rating, which is its highest rating. Five-star institutions are safe, financially sound,
and are generally operating with twice the capital required by regulators.
Generations of customers have banked at Anderson State bank with
a certain peace of mind. You can do the same.