Company Information

Get to know 1st State Bank

Founded in 1999, 1st State Bank is an independent, locally-owned and managed community bank headquartered in Saginaw, Michigan. The bank is committed to serving the financial needs of individuals, families, and businesses within its local communities. It offers a comprehensive range of personal and business banking services, including checking and savings accounts, loans, mortgages, and digital banking solutions, with a mission to be a premier financial services provider through strong customer relationships and community involvement.

Industry

Financial BankingPRIMARY

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1st State Bank

N/A

Founded in

1906 (120 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.