Review on Citystatebank
Disclaimer
Our reviews are subjective opinions based on the analysis of our independent writers from around the world. We recommend exercising your own judgment and verifying information independently. We cannot be held liable for decisions made based on our reviews.
Summary
About Citystatebank
City State Bank (via citystatebank.com) is a financial institution serving primarily Iowa-based customers, offering a full suite of banking services such as checking accounts, savings, online and mobile banking, loans, trust & investments, and insurance. Their website claims they provide 24/7 access to accounts (via online and mobile banking), and they emphasize personal, community-focused service. They operate physical branches in Iowa (Grimes, Norwalk, Indianola, Martensdale, etc.). On their site, they also explain steps for fraud prevention, identity theft, and account security, showing they take customer security seriously.
More Details
FDIC Insurance & Regulation: This is possibly the most important factor. Having FDIC-insured accounts means this institution meets US regulatory standards for banks. The public directory confirms its FDIC-insured status.
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Long Operational History: Operating since 1895 (per directory) is a strong signal.
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Branch Network: With multiple branches in Iowa, customers have physical touchpoints — not just a digital façade.
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Transparency around Risk: They clearly distinguish between deposit products (insured) vs. non-deposit products (investment, insurance), which is responsible and transparent.
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Security Infrastructure: The bank’s “Security Center” offers robust advice and reflects a proactive approach to fraud prevention.
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Strong Privacy Policy: Their privacy statement explains how customer data is collected, used, and protected, which is expected from a credible bank.
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Community Engagement: Newsletters and public files (e.g., their CRA report) reflect genuine local engagement and oversight.
Because of all these, the site is not a scam. It’s a real and regulated bank.
Warning: Low score, please avoid this website!
According to our review, this website has a higher risk of being a scam website.
It may attempt to steal your funds under the pretense of helping you make money.
Notice: High Score — Not likely to be a scam website.
According to our review, this website has a low risk of being a scam.
There is minimal indication of fraudulent activity.
Notice: Moderate score — Caution advised.
According to our review, this website shows a moderate risk level based on current data.
There is no strong evidence of a scam, but users should proceed carefully.
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Competiting Brands
Photos of Citystatebank
Pros
- Good Online & Mobile Experience: Their digital platform is robust (mobile deposit, bill pay, account access).
- Security Focus: They provide detailed guidance on fraud, identity theft, and maintaining strong security.
- Transparency: Their privacy policy is clear, and they disclose non-deposit product risks.
- Community Orientation: They maintain local branches, which suggests real-world accountability and physical presence.
Cons
- Geographic Limitation: Physical branches are only in Iowa, so in-person banking is limited for non-Iowa residents.
- Non-Deposit Products Risk: Trust & investment offerings are not FDIC-insured; clients must accept investment risk.
- Minimums / Fees: Some account types have relatively high minimum balances (e.g., “Interest Checking” requires $1,000 daily minimum).
Website Overview
Country:
USA
Operating Since:
1999
Platforms:
Mobile/Desktop
Type:
Online bank
Spread:
N/A
Funding:
Online bank
Leverage:
N/A
Commission:
N/A
Instruments:
N/A
Keypoints
Physical Presence & Branches According to their CRA (Community Reinvestment Act) public file, City State Bank has multiple physical branch locations in Iowa (Grimes, Indianola, Norwalk, Martensdale, Mount Ayr, New Virginia). This is not a purely “online-only” bank; it has real branch offices.
Banking Products Checking accounts: They offer a variety (Student, Spirit, Interest, 50+ Platinum), each with different minimums, fees, and features. Online & Mobile Banking: Their platform supports viewing transactions, bill pay, transfers, mobile check deposit, etc. Trust & Investments: They provide advisory and investment services. Insurance Services: They also have insurance offerings (life, business, agricultural) via their “insurance services” arm.
Regulation & Insurance The bank is FDIC-insured. According to a banking directory site, its headquarters is at 801 Main St, Norwalk, Iowa. This regulatory oversight provides a major legitimacy signal.
Security & Fraud Prevention Their “Security Center” page provides practical advice for customers (strong passwords, antivirus, verifying callers) and warns about phishing, impersonation, and identity theft. They explicitly mention that they will never request certain forms of information via email or text as part of their fraud prevention guidance.
Overall Score
78%
Final Thoughts
After viewing and analyzing the site thoroughly by our experts and undergoing the proper process, we have reached a final conclusion.
In summary, City State Bank (citystatebank.com) appears to be a legitimate and well-established community bank, not a scam. Their combination of physical presence in Iowa, FDIC-insured deposit products, and a mature online banking platform strongly supports their credibility. The bank seems to take security seriously and offers transparency around risks, especially for its investment and insurance arms which are separate non-deposit products.
While some of their products (like interest-bearing checking or non-deposit investments) carry higher minimums or risks, their disclosures are clear, and they seem to operate with regulatory compliance.
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