Platte Valley Bank
FDIC #5442
📍 Torrington, Wyoming
Platte Valley Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 01/01/1925. With assets of $683.37 Million, it operates 6 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: March 7, 2022
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
March 7, 2022
Satisfactory
July 24, 2017
Satisfactory
May 20, 2013
Satisfactory
💰 Financial Strength
Total Assets$683.37 Million
Total Deposits$579.39 Million
Equity Capital$58.98 Million
Net Income$6.28 Million
📈 Performance
ROA1.28%
ROE14.51%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1925
FDIC Cert5442
Holding CoPlatte Valley Finl Service Companies
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 5:15 PM
Tuesday8:30 AM - 5:15 PM
Wednesday8:30 AM - 5:15 PM
Thursday8:30 AM - 5:15 PM
Friday8:30 AM - 5:30 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2014
Merger / Acquisition
Acquired: Tri-county Bank
2013
Name Change
Name became: Changed Institution Name To Platte Valley Bank.
2002
Relocation
Moved HQ to: 2201 Main Street, Torrington, WY 82240.
2001
Name Change
Name became: Changed Institution Name To Platte Valley National Bank.
2001
Relocation
Moved HQ to: 1401 East M Street, Torrington, WY 82240.