S&T Bank was founded in 1902 with headquarters in Indiana, Pennsylvania. It handles $7 billion in assets and deposits totaling $5 billion, classifying it as a large bank. S&T Bank lacks premium access to support representatives, with no options for live chat or all-day service. It is a traditional brick-and-mortar bank with in-person service, in addition to its online and mobile offerings. Overall, S&T Bank is an acceptable bank choice, but may leave you wanting more, with a rating of 3.7 stars out of 5 from our experts. S&T Bank has a basic array of banking products, including savings accounts, checking accounts, mortgage products and credit cards. S&T Bank has a fair savings rate compared to the average savings account. Banks that offer no-fee checking, in addition to a high savings APY are the best bet for returning the most income from your deposits while having easy access to your money.
The overall rating is a weighted average of rates, fees, service quality and financial health.Read more
S&T Bank features a savings rate of 0.05%, which is poor compared to the national average. S&T Bank's one-year CD earns at a rate of 0.15% and the five-year CD earns at a rate of 1.00%, while its highest-yielding money market account earns at an APY of 0.05%. Given S&T Bank's poor savings rate, you should consider opting for higher earning savings accounts with other banks.
How S&T Bank's Savings Rates Compare
There is insufficient data on S&T Bank's fees to provide a full SmartAsset rating.
S&T Bank is a brick-and-mortar bank, with 60 total bank locations in Ohio and Pennsylvania. With mobile and web apps, S&T Bank makes account access straightforward, even on the go. S&T Bank receives poor reviews from users for its mobile banking services. The S&T Bank mobile app scored a 3.1 out of 5 (out of 300 reviews on iOS and Android) compared to the national average of 3.8. S&T Bank's mobile app lets you manage your bank accounts by reviewing account balances, sending and receiving money and accessing customer service. S&T Bank gets a superb consumer satisfaction rating based on relatively few consumer complaints reported to the Consumer Financial Protection Bureau (CFPB), a government-backed consumer protection agency.
S&T Bank is a large bank with $7 billion in assets and deposits totaling $5 billion. It has an excellent Texas Ratio of 2.63%, signifying a minute possibility of failure. Additionally, S&T Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.
Texas Ratio Analysis
The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.Back to Overview
Compare S&T Bank to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.05% APY||$25|
|Checking Account||0.01% APY||$1|
|Certificates of Deposit|| ||$500 for all terms|
|Money Market Accounts||0.05% APY 0.05% APY||$10000 $15000|
S&T Bank has a basic array of deposit products like savings accounts and checking accounts. S&T Bank does not have the best savings rate, which means you should consider looking elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. S&T Bank's CD rates are fair in comparison to the national average.Back to Overview
Find a S&T Bank Near Me
S&T Bank has 60 branches in the U.S.Back to Overview