Loading
Tap on the profile icon to edit
your financial details.

The Stephenson National Bank and Trust Review

Your Details Done
by Updated
We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure
The Stephenson National Bank and Trust Savings
0.25% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations

Overview

Established in 1874, The Stephenson National Bank and Trust has $495 million in assets and $416 million in deposits, which makes the institution a medium-size bank. The Stephenson National Bank and Trust, whose headquarters are in Marinette, Wisconsin, lacks premium access to support representatives, with no options for live chat or all-day service. It is a conventional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile offerings. We gave The Stephenson National Bank and Trust a 4.2 out of 5 stars, suggesting it is a great bank that you should seriously consider. The Stephenson National Bank and Trust provides customers with a complete array of banking products, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. It has a fair savings rate; other popular banks have higher rates. If you're looking for a checking account for everyday use, The Stephenson National Bank and Trust offers an option without a monthly fee. Locating a checking account with no monthly fee and a savings account with a high APY at the same institution is your best bet for returning the most income on your deposits while having convenient access to your funds.

How We Rated It

SmartAsset's Overall Rating

4.2/5
National Average: 4.1

The overall rating is a weighted average of rates, fees, service quality and financial health.Read more

Rates

3.5
SmartAsset Average: 3.5

With a savings rate of 0.25%, The Stephenson National Bank and Trust ranks poorly compared to the average U.S. bank. The Stephenson National Bank and Trust's one-year CD has a rate of 0.80% and the five-year CD earns at a rate of 2.02%, while its highest-yielding money market account earns at an APY of 0.40%. Given The Stephenson National Bank and Trust's noncompetitive savings rate, you should think about opting for higher earning savings accounts with other banks.

How The Stephenson National Bank and Trust's Savings Rates Compare

The Stephenson National Bank and Trust Savings 0.25 National Average 0.26 Compare Offers
Back to Overview

Fees

5.0
SmartAsset Average: 4.4

The Stephenson National Bank and Trust has generally extremely low fees compared to the average U.S. bank. Its checking account has no monthly fee, ranking it excellent for anyone looking for a hassle-free account. The Stephenson National Bank and Trust unfortunately does not refund out-of-network ATM fees, meaning you'll need to find a The Stephenson National Bank and Trust ATM or accept the withdrawal fee.

Monthly Fee $0 National Average: $3.21
Non-network ATM Fee N/A National Average: $1.20
Overdraft Fee N/A National Average: $35.00
Back to Overview

Service Quality

3.7
SmartAsset Average: 3.7

The Stephenson National Bank and Trust is a brick-and-mortar bank, with eight total branches in Michigan and Wisconsin. It also offers access to mobile and web apps for easy access and banking on the go. The Stephenson National Bank and Trust receives fair reviews from customers for its online presence. The The Stephenson National Bank and Trust mobile app has an overall rating of 3.6 out of 5 (out of 23 ratings on Apple and Android) compared to the national average of 3.8. You can use The Stephenson National Bank and Trust's app to manage your bank accounts by looking at monthly statements, sending and receiving funds and reaching customer service. The Stephenson National Bank and Trust gets a superb consumer satisfaction rating due to relatively few complaints brought to the Consumer Financial Protection Bureau (CFPB), a government-backed consumer protection agency.

Overall Mobile Rating 3.6/5
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat No
Back to Overview

Financial Health

4.5
SmartAsset Average: 4.8

The Stephenson National Bank and Trust ranks as a medium-size bank owning $495 million in assets as well as $416 million in deposits. Its Texas Ratio is 11.81%, denoting a small opportunity of failure. Additionally, The Stephenson National Bank and Trust is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

11.81%
High Risk 75% 50% 20% 10% Low Risk

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 The Stephenson National Bank and Trust to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.25% APY $5
Checking Account 0.15% APY $500
Certificates of Deposit
  • 12 Month: 0.80% APY
  • 24 Month: 1.26% APY
  • 36 Month: 1.46% APY
  • 48 Month: 1.66% APY
  • 60 Month: 2.02% APY
$1000 for all terms
Money Market Accounts 0.4% APY 0.4% APY $10000 $15000

The Stephenson National Bank and Trust has several deposit products like savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. The Stephenson National Bank and Trust does not have the best savings rate, which means you should think about taking a look 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. The Stephenson National Bank and Trust's CD rates are fair compared to the average U.S. bank.

Back to Overview

Find a The Stephenson National Bank and Trust Near Me

The Stephenson National Bank and Trust has eight physical branches across the U.S.

Back to Overview
Save more with these rates that beat the National Average
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure